The UK leads Europe's non-life insurance enterprises, with a positive growth influencing the top rank. Germany's enterprises slightly decreased, with France displaying a moderate decline. Scandinavian countries show mixed variability, with Norway growing while Sweden declines. Southern Europe presents diverse trends: Italy and Spain faced reductions, while Portugal remains stable. Importantly, the Netherlands show a drastic decline, impacting their market strongly. Central and Eastern Europe see stability with minor fluctuations, except Hungary manifesting significant growth. Smaller markets like Malta and Cyprus held steady.
Future trends to watch involve digital transformation impacts, regulation changes, and market freezes or expansions in emerging regions. Additionally, technological innovations could drive competitiveness, and economic climates will undoubtedly shape enterprise numbers across Europe.
Top countries in Number of Enterprises of Non Life Insurance by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 906 | 2023 | +4.14% | +4.79% | View data |
| 2 | 2 Germany | 451 | 2023 | -1.53% | -1.73% | View data |
| 3 | 3 France | 141 | 2023 | -0.7% | -1.49% | View data |
| 4 | 4 Sweden | 101 | 2023 | -2.88% | -4.33% | View data |
| 5 | 5 Luxembourg | 94 | 2023 | +1.08% | 0% | View data |
| 6 | 6 Norway | 71 | 2023 | +4.41% | +4.13% | View data |
| 7 | 7 Spain | 70 | 2023 | -11.39% | -7.25% | View data |
| 8 | 8 Italy | 59 | 2023 | 0% | -1.46% | View data |
| 9 | 9 Denmark | 46 | 2023 | -4.17% | -3.86% | View data |
| 10 | 10 Portugal | 41 | 2023 | -2.38% | -0.95% | View data |
