Forecast: Number of Employees in Insurance, Reinsurance and Pension Funding in Germany

Based on the forecast data, the number of employees is as follows (in thousand units):

  • 2024: 132.0
  • 2025: 128.0
  • 2026: 124.0
  • 2027: 120.0
  • 2028: 116.0

Year-on-year percentage variations:

  • 2025 vs 2024: -3.03%
  • 2026 vs 2025: -3.13%
  • 2027 vs 2026: -3.23%
  • 2028 vs 2027: -3.33%

CAGR (2024-2028): -3.18%

The number of employees in the insurance, reinsurance, and pension funding sector in Germany is expected to decrease steadily over the next five years, with an average annual decline of 3.18%. Future trends to watch include the impact of automation and digital transformation on employment levels, potential regulatory changes, and the demand for new skill sets in the industry.