Households drive market demand, with household spending representing 56.5% of total demand in 2020. Allianz SE is the largest company in Germany, generating 6.7% of the industry’s total turnover in 2020. The industry is fragmented, with the top five companies generating 15.1% of total turnover in 2020. The total number of companies increases in 2020, to 19,247 units. The costs of the industry increase by 1.9% in 2020, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 3.7% of turnover in 2020, the 16th highest in the region. With turnover of USD102 billion, Germany accounts for 23.6% of the Western Europe total in 2020.
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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
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