Employment in the Insurance, Reinsurance, and Pension Funding sector in Italy, measured in thousand units (FTE), has shown minor fluctuations over the years. In 2023, the employment value stood at 42.5 thousand units. From 2013 to 2023, there has been a slight overall decline, with notable yearly variations such as a -1.43% dip in 2017 and a 3.13% increase in 2018.
From a long-term perspective, the Compound Annual Growth Rate (CAGR) of employment has seen slight declines and increases, averaging at a near-neutral 0.14% over the past five years leading up to 2023. However, forecasts show a minor decrease in employment with a -0.09% CAGR for the next five years, anticipating a decrease to 42.2 thousand units by 2028.
Future trends to watch for include potential impacts from technological advancements, automation, and changes in regulatory landscapes which could further influence employment figures within the sector.
