The assets of the insurance sector, which represent about 3.0 percent of the total assets of the financial system, at the end of 2022 marked the value of 267.5 million euros, marking an annual increase of 12.0 percent, while during the five-year period they have marked an increase of 52.2 percent.
So by increasing the availability of sound data, we are going a long way towards dismantling the first of the two hurdles we face in this field. However, data alone are insufficient to tell us how effective an economic policy measure has been. This measure, rather, needs to be embedded in a structured impact study.