The forecast for Germany's industrial, commercial, and agricultural property insurance claims indicates steady growth from 2024 through 2028. Starting with an actual 6.08 billion euros in 2023, the projected figures grow consistently each year, with an end prediction of 6.5 billion euros by 2028. The year-on-year growth rates are moderate but consistently positive, showing increasing incurred claims annually, which reflects a healthy, expanding market possibly influenced by increasing coverage, industrial activities, and market demands.
Future trends likely to influence this sector include:
- Climate change impacts increasing risk and claims.
- Digital transformation offering enhanced risk assessment and underwriting.
- Regulatory changes affecting claim processing efficiencies.
