Forecast: Gross Incurred Claims of Motor Accident Insurance in Germany

The forecast data for gross incurred claims of motor accident insurance in Germany shows a steady increase over the next five years. As of 2024, the value is projected at 40.94 million euros, rising to 45.01 million euros by 2028. This reflects an average year-on-year increase of around 2.02% over the forecast period. In 2023, the claims stood below the 40.94 million euro mark, indicating a persistent growth trend.

Future trends to watch for include:

• Technological advancements in vehicle safety features potentially reducing claim numbers.
• Regulatory changes influencing insurance claim procedures and associated costs.
• Economic factors such as inflation impacting insurance premiums and claim values.
• Potential increase in electric vehicle adoption altering the dynamics of claims and insurance models.