In 2023, the turnover in the reinsurance sector in Denmark stood at 4.6 Billion Danish Krones. Starting from 2024, forecasted data indicate steady growth: 4.76 Billion in 2024, 4.94 Billion in 2025, 5.12 Billion in 2026, 5.3 Billion in 2027, and 5.47 Billion in 2028.
Year-on-year variation rates have consistently shown positive increments:
- 2024: +3.48%
- 2025: +3.78%
- 2026: +3.64%
- 2027: +3.52%
- 2028: +3.21%
The Compound Annual Growth Rate (CAGR) for the forecasted period (2024-2028) stands at approximately 3.53%, indicating a steady, moderate growth trajectory.
Future trends to monitor include the increasing impact of climate change on reinsurance claims, advancements in risk modeling technologies, and regulatory changes. Additionally, demographic changes and economic development within Denmark could significantly influence the reinsurance sector growth.
