Allianz: Global Premium Income is Expected to Grow at an Average Annual Rate of 5.2% over the Next Decade, with China Reaching 8.1%

The global insurance giant Allianz recently released a report showing that global insurance premium income in 2022 was nearly 5.6 trillion euros, an increase of 4.9% over 2021, amid challenges to the global economy. In 2022, global health insurance premium income was 1.1 trillion euros, up 4.9% from the previous year. Looking ahead, global premium income growth will average 5.2% a year over the next decade, while China's market can achieve an average annual growth rate of 8.1%.