The number of persons employed in the life insurance sector in France has demonstrated varied trends since 2013, with fluctuations evident year-over-year. In 2023, the sector employed 41.58 thousand individuals. Over the last two years leading to 2023, the employment figures showed a year-on-year decline of 0.96% each year. Looking at a broader horizon, the Compound Annual Growth Rate (CAGR) over the last five years indicates an average annual decrease of 0.99%. Future data forecasts a continued decline, with a forecasted five-year CAGR of -0.77%, resulting in a total decrease of approximately 3.79% by 2028.

Trends to watch for:

Digital transformation impacting employment needs and roles.
Regulatory changes shaping the employment landscape.
Demographic shifts influencing insurance demand and workforce composition.
Emerging technologies such as AI and automation potentially reducing the need for certain job functions while creating new opportunities.