GlobalData

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

What will drive the reinsurance sector to bag $68b in four years?

In 2023, APAC accounted for 13.3% of global reinsurance premiums.

How will New Zealand’s life insurance sector perform in 2025?

GlobalData expects the market to reach $3.8b in gross written premiums.

Embedded insurance emerges as fastest-growing distribution channel

Nearly a third of professionals favour it over direct-to-consumer models.

What will drive Japan’s insurance sector to surpass $470b by 2029?

Premium increases in life and general insurance will boost the industry this year.

How did top insurers by market cap perform in Q1 2025?

China’s PICC Property and Casualty led gains with a 40.5% rise in market value.

Insurance customers are cautious about AI’s decision-making role

Although, 7 in 10 consumers think AI can significantly reduce waiting times.

Vietnam’s life insurance sector slated for dip this 2025

This follows consecutive contractions of 12% in 2023 and an estimated 5.7% in 2024

Cyber insurance expansion challenged by exposure limits

Industry insiders cited risk assessment as the biggest concern.

A fourth of the insurance industry lacks AI-experienced talent

Other concerns include a lack of customer understanding.

South Korea’s life insurance market to bag $158b through 2029

The industry is projected to recover in 2024 after a decline in 2023. 

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.