Statista overview report on the B2C insurtech sector in Germany
The insurance market in Germany needs no introduction. It is one of the largest in the world and home of some of Europe's biggest insurers. The leading five sectors – life, private health, motor, property, and personal liability – were worth over 200 billion euros in gross written premiums in 2019. The German insurance market is well positioned to embrace exciting innovations, but the transition to the digital world of insurtech can be challenging for the rather conservative insurance sector.
This report investigates the development of online B2C insurance in Germany between 2019 and 2024, focusing on the key markets of life, health, motor, property, and personal liability insurance. Statista’s forecast examines the change in gross written premiums, the number of policies, and the average premium written, taking into consideration the economic impact of the coronavirus (COVID-19) pandemic.
Insurance markets overview
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