The production value of non-life insurance in Germany is forecasted to increase steadily from 2024, starting at 59.73 billion euros, and reaching 65.99 billion euros by 2028. Assuming a stable environment without drastic disruptions, this represents a compound annual growth rate (CAGR) of approximately 2.5% over this period. In comparison, the production value in 2023 stood at approximately 58.4 billion euros. The year-on-year growth trend is consistent, with closeness to the 2.6% mark annually, indicating a positive and stable trajectory in the market for the upcoming years.

Future trends worth watching include:

Digitization and technology's role in transforming insurance services.
Regulatory changes that could impact pricing and coverage levels.
Potential impacts of macroeconomic factors such as inflation or economic downturns.
Increased interest in specialized insurance products due to emerging risks like cyber threats.