The number of persons employed in reinsurance in France stood at 1.25 thousand employees in 2023. Historically, employment in this sector experienced periods of growth such as from 2013 to 2017 with notable year-on-year increases, peaking in 2017. However, from 2019 onwards, the industry has faced a steady decline, with significant negative year-on-year variations and an average annual contraction over the last five years.
Future projections suggest continued reductions in employment, with a forecasted average annual decline rate of -5.39% and an overall reduction of approximately 24.21% over the next five years. Key trends to monitor include the impact of technological advancements and industry consolidation efforts, which may further influence workforce reductions.
