Households drive market demand, with household spending representing 55.4% of total demand in 2023. Versicherungskammer Bayern Versicherungsanstalt Des Offentlichen Rechts is the largest company in Germany, generating 9.5% of the industry’s total turnover value in 2023. The industry is fragmented, with the top five companies generating 23.5% of total production value in 2023. The total number of companies increases in 2023, to 20,570 units. The costs of the industry increase by 13.4% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 3.3% of turnover in 2023, the 16th highest regionally. With turnover of USD121 billion, Germany accounts for 23.0% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Insurance and Pension Funding in Germany: ISIC 66. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Insurance and Pension Funding in Germany: ISIC 66 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of insurance and pension funding, monetary intermediation.
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