The forecast for private accident insurance claims in Germany anticipates a gradual decrease from 2024 to 2028, with values predicted at 779.5 thousand units in 2024 down to 769.46 thousand units by 2028. In 2023, the actual claims stood at 782 thousand units. The year-on-year decline is consistent, with a decline of approximately 0.33% annually. Evaluating trends over the forecast period, the compound annual growth rate (CAGR) reveals an average annual decrease of about 0.4% from 2023 to 2028.
Future trends to watch for include potential regulatory changes that could impact claim processes or rates, as well as advancements in vehicle safety technology, which may further reduce accident rates. Demographic shifts such as an aging population could also influence the volume and nature of claims in the coming years.
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