Forecast: Total Insurance Expenditure in France

The total insurance expenditure in France as a percentage of GDP is forecasted to exhibit a gradual upward trend from 2024 to 2028. Starting at 10.28% in 2024, it is expected to increase incrementally each year, reaching 10.44% by 2028. This translates to a year-on-year percentage increase of approximately 0.5% between 2024 and 2025, consistent through to 2027-2028. The last CAGR confirms a steady average annual growth rate of 0.38% over these five years.

Future trends to watch for include:

  • Potential disruptions from regulatory changes within the European insurance market.
  • Effects of economic integration and political stability within the Eurozone.
  • Technological advancements in insurance services and potential increases in cybersecurity risks.

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