The turnover of non-life insurance in Denmark showed consistent growth from 2023 through 2028. In 2023, the turnover stood at 64.82 billion euros. Forecasted values indicate a steady rise: 65.78 billion euros in 2024, 66.76 billion in 2025, 67.73 billion in 2026, 68.69 billion in 2027, and 69.65 billion in 2028. This represents a year-on-year growth of approximately 1.49% from 2024 to 2025, 1.45% from 2025 to 2026, 1.42% from 2026 to 2027, and 1.40% from 2027 to 2028. The compound annual growth rate (CAGR) over the five years is around 1.46%, highlighting a stable upward trend.
Future trends to watch for include advancements in digital insurance services, increasing adoption of data analytics and AI in risk assessment, and regulatory changes impacting the non-life insurance market. Monitoring these factors will be essential for understanding potential deviations from the current growth trajectory.
