The 2023 data reveals variations in wages and salaries of the non-life insurance sector across European countries. Denmark leads with the highest value, despite a significant decline from the previous year. Latvia and several other countries also experienced reductions, while Germany, Spain, and Italy saw modest gains. Austria, Belgium, and the Netherlands showed notable increases in share values, indicating potential market growth in these regions.
Looking ahead, observe for increased digital transformation and automated processes in the insurance sector, potentially impacting wage structures across Europe. Keep an eye on policy changes and economic conditions that might alter labor market dynamics within this industry.
Top countries in Wages and Salaries of Non Life Insurance Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 23.62 | 2023 | +1.48% | -62.97% | View data |
| 2 | 2 Latvia | 21.93 | 2023 | +9.27% | -20.76% | View data |
| 3 | 3 Germany | 18.19 | 2023 | +0.69% | +1.02% | View data |
| 4 | 4 France | 11.84 | 2023 | +0.44% | +1.38% | View data |
| 5 | 5 United Kingdom | 10.33 | 2023 | -0.26% | +0.99% | View data |
| 6 | 6 Spain | 6.23 | 2023 | +11.12% | +2.37% | View data |
| 7 | 7 Austria | 5.69 | 2023 | +9.52% | +10.14% | View data |
| 8 | 8 Italy | 5.17 | 2023 | +2.15% | +2.45% | View data |
| 9 | 9 Sweden | 2.85 | 2023 | +1.51% | +0.82% | View data |
| 10 | 10 Netherlands | 2.76 | 2023 | +2.55% | +14.09% | View data |
