Germany Life & Non-Life Insurance Market Share

Statistics for the 2023 & 2024 Germany Life & Non-Life Insurance market share, created by Mordor Intelligence™ Industry Reports. Germany Life & Non-Life Insurance share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Market Share of Germany Life & Non-Life Insurance Industry

The German Life and Non-Life Insurance Market is highly competitive with the presence of local as well as international players in the market. In 2020, Allianz was the leading insurance company in Germany with a revenue of approx. EUR 140.5 billion. The second was Münchener Rückversicherungs-Gesellschaft AG (Munich Re), with a revenue of almost EUR 54.9 billion. As of 2019, Germany had the highest number of companies operating in the insurance industry of any European country. Various players, including Generali, R+V with the presence of international players as well including Allianz Group, AIA, AXA Life Insurance, and many more, are leading the German Life & Non-Life Insurance Market to new heights, and it is expected that the market will grow at a high rate throughout the forecast period.

Germany Life & Non-life Insurance Market Leaders

  1. Allianz Group

  2. Talanx

  3. R+V

  4. Generali

  5. Munich Re

*Disclaimer: Major Players sorted in no particular order

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Germany Life & Non-life Insurance Market Report Snapshots

Germany Life & Non-life Insurance Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)