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Australia's general insurance sector set to hit $96b by 2029
Australia's general insurance sector set to hit $96b by 2029
The market is seen to reach $67.4b next year.
Singapore’s general insurance industry to grow 6.2% CAGR by 2029
The industry is expected to expand by 8.0% in 2024.
South Korea's insurance industry to reach $191.2b in 2029 with 3.4% CAGR
The life insurance and pension segment accounted for 84% of premiums in 2024.
Japan's Property Insurance to Hit $27b by 2028
However, a recovery is anticipated in 2024.
South Korea’s general insurance sector to hit $33.3b by 2029
Liability insurance, the second-largest segment, is expected to expand by 12.2% in 2024.
Singapore’s life insurance slated for $43b premiums in 2029
Due to the ageing population, health awareness, and consumer spending.
Insurance sector sees surge in patent filings for data analytics to 1,978
There are over 13,750 patents filed to date.
Taiwan's general insurance to grow 6.8% annually to 2028
The industry is forecast to grow by 9% in 2024.
Japan’s general insurance sector slated for$94b by 2028
The industry is seen to grow 1.7% in 2024.
Japan’s life insurance slated for 4.7% CAGR through 2029
The industry is forecasted to expand by 6.8% in 2024.
Malaysia’s life insurance market to hit $17.2b by 2028
Endowment insurance is projected to represent 77.3% of total DWP.
Philippine life insurance sector slated for 5.4% CAGR by 2028
The industry will likely increase by 3% this year.
Property insurance industry to exceed $152b by 2028
China is forecast to lead with 36% in terms of written premiums.
More than a third of consumers warm to AI in insurance claims
Markets like Australia showed the least enthusiasm.
Indian health insurance sector slated for 12.8% CAGR by 2028
The industry is also forecast to grow by 15% in 2024.
How are new energy vehicle sales shaping China's insurance market?
NEV sales saw a 33.3% increase in Q1 2024.
Increased losses from disasters push Philippines’ general insurance premiums up
The industry is slated to grow by 14% this year.
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