The reinsurance sector in Germany has experienced significant growth from 2013 to 2023, with employment increasing from 10.54K to 23.13K Full-Time Equivalents (FTE), reflecting a dynamic industry. The year-on-year variations show remarkable fluctuations, notably a 30.26% increase in 2017 and a 26.7% rise in 2020, with a consistent upward trend for the past five years. In 2023, the reinsurance sector stood at 23.13K FTE, marking a 9.69% increase from the previous year. The 5-year CAGR stands at 11.19%, indicating robust and sustained growth.

Future trends to watch for include the forecasted increase in employment, reaching 33.04K by 2028, a 5.61% CAGR. The sector's growth may be influenced by advancements in technology, evolving regulatory landscapes, and emerging risks that drive demand for reinsurance services.

2017: Significant 30.26% growth year-on-year.
2020: Another notable spike with a 26.7% increase year-on-year.
2023: Employment at 23.13K FTE, a 9.69% rise from the previous year.
5-year CAGR to 2023: 11.19%.
Forecast 5-year CAGR: 5.61%, indicating sustained growth through 2028.