GlobalData

GlobalData is a leading provider of data, analytics, and insights on the world's largest industries.

See below for the Latest GlobalData News, Analysis, Profit Results, Share Price Information, and Commentary.

AI insurance tech receives $2b investment in 2023

Insurers need to stay ahead amidst tech disruptions, says GlobalData head.

News

19 hours ago

AI insurance tech receives $2b investment in 2023

Insurers need to stay ahead amidst tech disruptions, says GlobalData head.

News

19 hours ago

Vietnam's general insurance to hit $3.9b by 2028

Motor insurance holds the third-largest share in 2023’s GWP.

In Focus

3 days ago

Taiwan’s property insurance to spike after 7.4 quake spurs millions in losses

Taiwan's general insurance industry's profitability isn't likely to be significantly affected.

News

Australia's life insurance to grow 5.9% CAGR by 2028

Favourable macroeconomic and demographic factors will be catalysts for its 2024 performance.

In Focus

China’s general insurance sector to surge 7.4% in CAGR by 2028

The sector’s CAGR is seen to climb 6.9% this year.

News

Hong Kong’s PA&H insurance sector to reach $28.5b in 2028

This growth was driven by the increased health awareness brought by the pandemic.

News

Motor insurance segment in S. Korea to exceed $19b by 2028: GlobalData

Healthy loss ratio driven by lower claims will assist insurers in re-assessing their risk exposure.

News

Property insurance in China could reach $41b in 2024

The industry saw a higher demand for property insurance driven by NatCat events in 2023.

News

Japanese life insurers poised to surge $350b by 2028: GlobalData

The industry should increase 4.6% in 2023.

News

Chinese life insurance set for 9% annual growth, to reach $893b by 2028: GlobalData

Increased awareness of health and better financial planning are a few of the growth drivers of China’s life insurance sector.

In Focus

Mainland Chinese tourists fuel growth in Hong Kong’s life insurance market

The industry will grow 4.1% by 2028 due to more mainland tourists and the super aging population.

In Focus

Market cap of top insurers climbs in Q4, first three months in ‘choppy’ waters

Demand for life and cyber coverage, China's reopening, and the adoption of insurtech could drive the industry forward.

News

Economic slowdown challenges insurance underwriting; emerging markets show promise

Swiss Re Institute analyst underscored that real premium growth in emerging markets, including China, outpaces the more advanced economies.

Exclusive

Australia’s general insurance sector to surge 9.1% by 2027

The industry is seen to grow by 9.5% in 2023 and 9.8% in 2024.

In Focus

Taiwan’s life insurance sector will bounce back in 2024 – GlobalData

The industry is forecast to grow at a compound annual growth rate (CAGR) of 3.0% to $91.6b in 2027.

News

Thailand’s general insurance market to generate $11b by 2027 – GlobalData

Motor insurance accounts for 54.8% of the GWP in 2022, and is expected to grow by 5.6% in 2023.

In Focus

Indonesia’s insurance M&A to reach $22b in 2027: GlobalData

The increase in MCR for insurers is expected to lead to merger and acquisition (M&A) activities.

In Focus