Report: The global insurance market is expected to grow at an annual rate of 5.3% over the next ten years.

Recently, Allianz Insurance Group Limited released the "2025 Allianz Global Insurance Industry Development Report" in the Chinese market, showing that the global insurance industry grew by approximately 8.6% in 2024, breaking the previous record of 8.2%, with the global insurance premium pool increasing by 557 billion euros. The total premium income of global insurance companies in the life, property and casualty, and health insurance sectors reached 7 trillion euros. The report predicts that the global insurance market is expected to grow at an annual rate of 5.3% in the next decade, slightly higher than economic output.