Forecast: Number of Enterprises in Insurance, Reinsurance and Pension Funding (Except Compulsory Social Security) Sector in France

As of 2023, the number of enterprises in the insurance, reinsurance, and pension funding sector (excluding compulsory social security) in France stood at approximately 234. The forecasted data from 2024 to 2028 suggests a steady, yet slight decline in the number of enterprises, decreasing from 233 in 2024 to a stable 230 by 2027 and 2028. This represents a year-on-year decline, with an overall Compound Annual Growth Rate (CAGR) of approximately -0.35% over the five-year forecast period.

Future trends to monitor include:

  • The digital transformation and its impact on traditional insurance models.
  • Regulatory changes and potential consolidation within the industry.
  • The increasing role of InsurTech and technological advancements driving efficiency.
  • Changes in consumer behavior towards more sustainable and customized insurance solutions.

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