In 2021, the German state with the largest number of insurance companies in operation was North Rhine-Westphalia. The state, located in West Germany and the most populated state in the country, had a total of 99 insurance corporations operating at the time. This was followed by Bavaria, with a total of 69 insurers in operation. The top three is completed by Lower Saxony, with a total of 48 insurance companies.
Breakdown of total insurance companies in Germany from 2019 to 2021, by federal state
The source adds the following information:
"life, healthcare, property & casualty insurers and reinsurers under German supervision (incl. public insurers under Land supervision) as per end of year without small mutual insurance associations under Land supervision mostly limited to a particular region, assignment to federal state by company headquarters."
The source did not report figures for Mecklenburg-Western
Pomerania or Thuringia.
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GDV. (September 26, 2023). Breakdown of total insurance companies in Germany from 2019 to 2021, by federal state [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/729430/total-number-of-insurers-by-federal-state-germany-europe/
GDV. "Breakdown of total insurance companies in Germany from 2019 to 2021, by federal state." Chart. September 26, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/729430/total-number-of-insurers-by-federal-state-germany-europe/
GDV. (2023). Breakdown of total insurance companies in Germany from 2019 to 2021, by federal state. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/729430/total-number-of-insurers-by-federal-state-germany-europe/
GDV. "Breakdown of Total Insurance Companies in Germany from 2019 to 2021, by Federal State." Statista, Statista Inc., 26 Sep 2023, https://www.statista.com/statistics/729430/total-number-of-insurers-by-federal-state-germany-europe/
GDV, Breakdown of total insurance companies in Germany from 2019 to 2021, by federal state Statista, https://www.statista.com/statistics/729430/total-number-of-insurers-by-federal-state-germany-europe/ (last visited December 21, 2024)
Breakdown of total insurance companies in Germany from 2019 to 2021, by federal state [Graph], GDV, September 26, 2023. [Online]. Available: https://www.statista.com/statistics/729430/total-number-of-insurers-by-federal-state-germany-europe/
