Households drive market demand, with household spending representing 54.3% of total demand in 2022. Versicherungskammer Bayern Versicherungsanstalt Des Offentlichen Rechts is the largest company in Germany, generating 9.2% of the industry’s total turnover value in 2022. The industry is fragmented, with the top five companies generating 22.4% of total production value in 2022. The total number of companies increases in 2022, to 19,446 units. The costs of the industry decrease by 7.9% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 3.2% of turnover in 2022, the 16th highest regionally. With turnover of USD106 billion, Germany accounts for 23.1% of the Western Europe total in 2022.
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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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