Based on the provided data, the year-on-year variations in percentages from 2024 to 2028 are as follows:
- 2025: 2.15%
- 2026: 2.08%
- 2027: 2.02%
- 2028: 1.97%
The Compound Annual Growth Rate (CAGR) over the last 5 years is approximately 2.06%.
Future Trends to Watch For:
Going forward, it will be essential to monitor emerging insurance products, regulatory changes, and shifts in consumer behavior. Additionally, the impact of economic volatility and technological advancements in the insurance sector could significantly influence premium growth rates.
