Press release
Germany Accident Insurance Market Projected to Hit USD 33.31 Billion by 2034, Expanding at a CAGR of 3.1%
Polaris Market Research announces the release of its latest research report titled, "Germany Accident Insurance Market Size, Share, & Industry Analysis Report: By Insurance Type [Gross Written Premiums (GWP), Private, and New Business Premiums (NBP)], By Policy Type, and By Distribution Channel - Market Forecast, 2025-2034."
Get Exclusive Sample Pages of This Report:
https://www.polarismarketresearch.com/industry-analysis/germany-accident-insurance-market/request-for-sample
The report examines the market for accident insurance in Germany to register a compound annual growth rate (CAGR) of 3.1% during 2025-2034. The market was valued at USD 24.70 billion in 2024 and is projected to grow to USD 33.31 billion by 2034.
Market Introduction
Accident insurance is an insurance type that offers financial assistance in the event of injury, disability, or death caused by an accident. It typically covers medical expenses, income replacement, and benefits for permanent disability or death. There are various types of accident insurance coverage, including accidental death, permanent total disablement, permanent partial disablement, temporary total disablement, and hospitalization and medical expenses. Accidental death insurance type pays a lump sum to the policyholder's beneficiaries in case of death due to an accident. Permanent total disablement provides a lump sum or regular payments if the policyholder is permanently and completely unable to work due to an accident.
Market Growth Drivers
Rising Elderly Population: German has one of the highest geriatric populations in Europe, and the number continues to rise. Aging increases the risk of injuries from falls or other accidents, resulting in increased demand for disability insurance in Germany. This demographic shift is fueling growth in both statutory accident insurance and private accident insurance in the country.
Strong Regulatory Framework and Mandatory Coverage: The German social insurance system needs all employees to be covered under statutory accident insurance. This legal structure ensures that workplace safety is handled efficiently, fueling consistent demand for accident insurance.
Request for a Discount on this Report Before Purchase:https://www.polarismarketresearch.com/industry-analysis/germany-accident-insurance-market/request-for-discount-pricing
Market Key Players
The Germany accident insurance market is witnessing a significant transformation. Major market participants are leveraging extensive research and development capabilities to garner a larger market share. A few of the key market players are:
Allianz SE
AXA Konzern AG
Debeka Krankenversicherungsvere A.G.
DKV
ERGO
Generali Deutschland
R+V Versicherung AG
Signal Iduna
Germany Accident Insurance Industry Development
In June 2022, German insurtech company Getsafe expanded its insurance portfolio into Austria, introducing digital insurance products such as liability, household, and dog owner liability coverage. The expansion was supported by Getsafe's own insurance license and delivered through its mobile-first, end-to-end digital platform.
Explore The Complete Comprehensive Report Here: https://www.polarismarketresearch.com/industry-analysis/germany-accident-insurance-market
Market Segmentation
The Germany accident insurance market is segmented on the basis of insurance type, policy type, and distribution channel.
Based on insurance type, the gross written premiums segment is projected to register the fastest growth during the forecast period. This is primarily due to the growing demand for personalized and voluntary accident coverage. The increase in outdoor activities and the introduction of flexible policy options from private accident insurance providers also contribute to the segment's robust growth.
By policy type, the corporate policy segment led the market in 2024. Many companies in Germany provide accident insurance as part of employee benefit packages. The strong role of statutory accident insurance in the country further supports the demand for corporate plans.
By Insurance Type Outlook (Revenue USD Billion, 2020-2034)
Gross Written Premiums (GWP)
Private
New Business Premiums (NBP)
By Policy Type Outlook (Revenue USD Billion, 2020-2034)
Corporate Policy
Retail Policy
By Distribution Channel Outlook (Revenue USD Billion, 2020-2034)
Traditional Distribution Channels
Digital/ Online Distribution Channel
More Trending Latest Reports by Polaris Market Research:
https://www.polarismarketresearch.com/industry-analysis/silver-wound-dressing-market
https://www.polarismarketresearch.com/industry-analysis/endobronchial-ultrasound-biopsy-market
https://www.polarismarketresearch.com/industry-analysis/cleanroom-robots-in-healthcare-market
https://www.polarismarketresearch.com/industry-analysis/formulation-development-outsourcing-market
https://www.polarismarketresearch.com/industry-analysis/prostate-cancer-biomarker-market
Contact:
Likhil G
8 The Green Ste 19824,
Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
Follow Us: LinkedIn | Twitter
About Polaris Market Research & Consulting, Inc:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Germany Accident Insurance Market Projected to Hit USD 33.31 Billion by 2034, Expanding at a CAGR of 3.1% here
News-ID: 4066234 • Views: …
More Releases from Polaris Market Research and Consulting
In Situ Hybridization Market Size Set to Hit USD 3,015.57 Million by 2034, Growi …
Polaris Market Research has released new insights into the In Situ Hybridization market, highlighting key developments, evolving trends, and growth prospects across major regions and segments. The report delivers an in-depth analysis of market dynamics, competitive shifts, and strategic outlooks to support informed decision-making for businesses and investors.
Market at a Glance
In 2024, the market was valued at USD 1,546.93 million and is anticipated to grow to USD 3,015.57 million by…
Next Generation Sequencing Sample Preparation Market Size Set to Hit USD 16.57 B …
Polaris Market Research has released new insights into the Next Generation Sequencing Sample Preparation market, highlighting key developments, evolving trends, and growth prospects across major regions and segments. The report delivers an in-depth analysis of market dynamics, competitive shifts, and strategic outlooks to support informed decision-making for businesses and investors.
Market at a Glance
In 2024, the market was valued at USD 4.09 billion and is anticipated to grow to USD 16.57…
Plastic Welding Equipment Market Projected to Reach USD 2.69 Billion by 2034 , R …
Polaris Market Research announces the release of its latest study on the Plastic Welding Equipment market. It offers comprehensive insights into all the key market aspects, including industry trends, market dynamics, competitive landscape, and strategic developments. The report is designed to help stakeholders make strategic decisions in the rapidly evolving market landscape.
According to the findings, the market stood at USD 1.60 billion in 2024 and is expected to reach USD…
DNA Manufacturing Market Projected to Reach USD 21.82 Billion by 2034, Registeri …
Polaris Market Research announces the release of its latest study on the DNA Manufacturing market. It offers comprehensive insights into all the key market aspects, including industry trends, market dynamics, competitive landscape, and strategic developments. The report is designed to help stakeholders make strategic decisions in the rapidly evolving market landscape.
According to the findings, the market stood at USD 5.59 billion in 2024 and is expected to reach USD 21.82…
More Releases for German
Elan German Transforms Language Learning Journey for Professionals and Students …
Leading Institute Bridges Language Barriers with Comprehensive A1-B2 Programs, Corporate Training, and Complete Relocation Support
The German language opens doors to Europe's largest economy, world-class universities, and countless career opportunities. Yet many learners struggle with traditional methods that focus on textbook German rather than real-world communication skills. Elan German is changing that narrative.
This specialised language training institute has built its reputation on a simple premise: German fluency isn't just about grammar…
Find the best conditions for your German mortgage with Your German Mortgage
During times of the Coronavirus, we are here to help you with finding the right financing for your property.
Special times call for special measures, that's why it's now more important to find a trustworthy and experienced mortgage broker than ever.
We got you covered from finding your property of dreams all the way to financing it.
To ensure that, we have experts in almost every German major city,…
German Maritime Security 2018, German Government Statement!
Despite all international and national efforts, piracy remains a serious peril for the international shipping industry.
Especially in Asia (i.e. Chittagong/Bangladesh or on the Strait of Malacca), but also in South America (e.g. Bay of Santos/Brazil or in the port of Callao/Peru) robbery or piracy there has recurred in the recent past. At the West African coast the number of incidents had raised even by 50% with 66 incidents this…
German Local Trade Tax
All the companies in Germany are liable to pay not only corporate income tax, whose rate is nowadays about 15% of the annual profit of the company, but also trade tax (Gewerbesteuer), which is a tax of German characteristics.
Why would we say that trade tax is of German characteristics? Because it is different from the corporate income tax, which is charged by the German Federal Government and it is difficult…
Integral Launches German Bureau
Integral Launches German Bureau
Appoints Suchit Manchanda as the Head of Operations
January 4, 2010: Germany: Integral Fusion, a leading software services firm, has launched operations in Germany and announced the appointment of Suchit Manchanda as their Managing Director. The German bureau will be responsible for strategic business development in European Union organizations and client servicing. Suchit a world class MBA from Hochschule Nürnberg, Germany and a Masters in IT from Jamia…
ISPA – German Masters 2008
Magdeburg – Over the long weekend of the 4. Mai more than 1.000 Skat players filled the Mittelland hall in Barleben. The tournaments of the 30. German Mastery and the 27. open International German Single Mastership were held by the International Skat Players Association, ISPA Germany. Patrons of the Games were the 1st Barleber Skat sports club e.V. and the Skat club \"Burger Ihleskater\", whose good organization together with the…
