The insurance industry across the world is on a high note. However, compared to the US, there is slow economic growth in the emerging market and constrained growth in Europe. Though 2017 ended positively, there was a slow down in growth in 2018. However, this is of various paces in different European countries.
The three large markets in the continent for insurance are the UK, Germany and France and these countries saw marginal growth in GWP during the past few years. There are reports predicting that the overall insurance market will grow significantly in the coming years.