The net operating surplus in Germany's insurance, reinsurance, and pension funding sector is projected to rise from €15.9 billion in 2024 to €17.67 billion by 2028. This represents a steady year-on-year growth: 2.8% in 2025, 2.75% in 2026, 2.62% in 2027, and 2.5% in 2028. The Compound Annual Growth Rate (CAGR) over these five years is projected to be approximately 2.67%. This suggests a positive growth trajectory for the sector.

Future trends to watch:

Impact of regulatory changes in the EU affecting insurance and pension funding.
Digital transformation and technology adoption influencing operational efficiencies and customer engagement.
Climate risk management and its effects on underwriting and claims in the insurance industry.
Shifts in demographic trends impacting pension funding needs and strategies.