The German insurance market is characterized by significant differences between active companies. In 2022, Allianz was the leading insurance company in Germany with a revenue of approximately 152.67 billion euros. Second was Munich Re Group with a revenue of almost 70 billion euros. Although Germany is the largest economy in Europe, other countries such as Italy, France, and Spain had twice as many companies operating in their insurance sectors.
In recent years, over half of the healthcare insurance market was attributable to the five largest insurers in Germany. Compared to healthcare insurance, the top five life insurance and property and casualty insurance (P&C) companies held slightly less control.
Leading insurance companies by revenue in gross written premiums (GWP) in Germany from 2017 to 2022
(in billion euros)
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procontra. (July 4, 2023). Leading insurance companies by revenue in gross written premiums (GWP) in Germany from 2017 to 2022 (in billion euros) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/764141/leading-insurance-companies-in-germany-by-revenue-in-gross-written-premiums/
procontra. "Leading insurance companies by revenue in gross written premiums (GWP) in Germany from 2017 to 2022 (in billion euros)." Chart. July 4, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/764141/leading-insurance-companies-in-germany-by-revenue-in-gross-written-premiums/
procontra. (2023). Leading insurance companies by revenue in gross written premiums (GWP) in Germany from 2017 to 2022 (in billion euros). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/764141/leading-insurance-companies-in-germany-by-revenue-in-gross-written-premiums/
procontra. "Leading Insurance Companies by Revenue in Gross Written Premiums (Gwp) in Germany from 2017 to 2022 (in Billion Euros)." Statista, Statista Inc., 4 Jul 2023, https://www.statista.com/statistics/764141/leading-insurance-companies-in-germany-by-revenue-in-gross-written-premiums/
procontra, Leading insurance companies by revenue in gross written premiums (GWP) in Germany from 2017 to 2022 (in billion euros) Statista, https://www.statista.com/statistics/764141/leading-insurance-companies-in-germany-by-revenue-in-gross-written-premiums/ (last visited November 21, 2024)
Leading insurance companies by revenue in gross written premiums (GWP) in Germany from 2017 to 2022 (in billion euros) [Graph], procontra, July 4, 2023. [Online]. Available: https://www.statista.com/statistics/764141/leading-insurance-companies-in-germany-by-revenue-in-gross-written-premiums/
