Based on the data:
- 2024: $8.68K per capita
- 2025: $8.91K per capita
- 2026: $9.13K per capita
- 2027: $9.35K per capita
- 2028: $9.57K per capita
Year-on-year variations:
- 2025: 2.65%
- 2026: 2.47%
- 2027: 2.41%
- 2028: 2.35%
Over the last five years, the compound annual growth rate (CAGR) is approximately 2.47%.
Future Trends to Watch
Insurance premiums are forecasted to grow steadily, highlighting the need to monitor evolving regulatory frameworks, rising healthcare costs, and economic conditions. Demand for digital insurance solutions and personalized policies is also expected to increase as consumers become more technologically oriented.
