Forecast: Production in Non-Life Insurance Sector in the Netherlands

The Non-Life Insurance sector in the Netherlands has shown notable fluctuations over the past decade. In 2013, the sector's production was valued at €5.5 billion. By 2023, it grew to €8.88 billion, showcasing significant improvements despite occasional declines, such as the sharp drop of -16.42% in 2015. The latest data indicates a steady upward trend with a CAGR of 7.11% over the past five years.

Future trends to watch for include:

• An anticipated steady growth, with the sector forecasted to reach €9.83 billion by 2028.
• A modest average growth rate of 1.61% per year over the next five years.
• Ongoing digital transformation and increased adoption of InsurTech innovations.