The health insurance claims and payments in China's property insurance sector are forecasted to rise steadily from 2024 to 2028. Starting at 1.52 hundred billion Yuan Renminbi in 2024, this value is projected to increase by approximately 11.84% to 1.7 in 2025, and further by 11.18% to 1.89 in 2026. The growth trend continues with 9.52% to 2.07 in 2027 and 8.70% to 2.25 in 2028. This indicates a compound annual growth rate (CAGR) of around 10.91% from 2024 to 2028, signaling robust growth in the health insurance segment of property insurers.
Future trends to watch for:
- Adoption of digital health technologies, which may influence claims processing efficiency.
- Regulatory changes affecting insurance coverage and payments.
- Impact of aging population on health insurance demand.