The employment in Germany's non-life insurance sector is expected to decline from 2024 through 2028, following a steady decrease from 108.62 thousand employees in 2024 to 106.01 thousand employees in 2028. This represents an average annual decrease of approximately 0.6% over this five-year period.
Two primary trends are discernible: a consistent reduction in workforce suggests increased efficiency or automation, and there may be external pressures such as regulatory changes impacting employment. Future trends to watch for include further technological advancements and digital transformation, which could continue to influence employment numbers and shift skill requirements in the sector.
