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China life premiums projected to rise from $679.5b in 2026 to $927.5b in 2030
China life premiums projected to rise from $679.5b in 2026 to $927.5b in 2030
This represents a CAGR of 7.9% in direct written premiums.
4 days ago
What will drive Singapore’s general insurance market to bag $6.5 by 2030?
PA&H market alone is projected to make up a fourth of the sector’s total premiums.
Why 1 in 5 think AI will replace human insurance agents
Over half were comfortable using AI with a human option available.
Why is cyber insurance the most in-demand coverage today?
27.4% believe cyber insurance will see the highest increase.
Why Taiwan’s insurance outlook remains solid through 2029
The market is projected to expand by 8.8% this year.
What will drive Malaysia’s life insurance market to bag $20.4b by 2029?
Policy ownership has increased from 41.5% in 2019 to 45.5% in 2024.
Japan’s general insurance industry to reach $102.6b in 2030
Increased premium rates and demand for motor insurance will help drive growth.
South Korea’s general insurance sector bound for 3.8% CAGR through 2029
Motor insurance will account for 58.7% of direct written premium (DWP) in 2025.
How much is the Philippine general insurance market worth by 2029?
Property insurance is expected to account for 40% of GWP this year.
GlobalData says 41.9% see green insurance as essential
Meanwhile, 30.5% said such products are not essential.
India’s life insurance market to reach $170b by 2029
It also seen to record $121b gross written premiums this year.
Insurers must adapt to 'liquid risk' amidst growing global volatility
Climate-related losses and AI-driven misinformation are already straining the industry.
Insurers broaden AI use beyond underwriting in Q3 2025
The industry saw higher AI adoption rates in customer service.
How will Malaysia’s general insurance market perform in 2025?
Pressures like new reciprocal tariffs from the US could impact future growth.
Australia’s general insurance market to reach $93.9b by 2029
In 2025, the market is expected to reach $68b.
Hong Kong general insurance market to hit $10.9b by 2029
Personal accident and health insurance is expected to remain the largest segment.
Global insurers post 6.8% premium gain in 2024 on expansion
Eighteen out of the 20 companies reported premium growth.
Commentary
AI isn’t replacing insurance, it’s finally making it work