Highest growth is in Germany

Premiums for occupational disability are rising

The level of premium income in occupational disability insurance largely depends on the system in place in any given market. In the USA, wherethe private sector has always played a major role in covering this risk, the revenues essentially reflect the number of people in employment and expectations of future inflation. This is not the case in Germany. The pension reform of 2001 abolished state occupational disability benefits for people born after 1 January 1961. Since then, premium income has increased sharply.

Source: Munich Re