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What will drive Malaysia’s life insurance market to bag $20.4b by 2029?
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.
APAC motor insurance slated for 5.6% CAGR by 2029
China, Japan, Australia, South Korea, and India are top market performers.
Cost, insurance limits threaten global progress in HIV treatment
Japan’s lack of generic PrEP options has made therapies inaccessible to most patients.
Over half of Gen Z cite distrust or confusion over insurance
Fitness programmes or smartwatch discounts were seen as tools to drive engagement.
Air India crash raises pressure on global aviation reinsurers
Claims from this single event could potentially exceed the entire annual premium.
South Korea’s motor insurance grows 2.4% in 2025 with rate hikes
Motor insurance remains the largest segment in the general insurance industry.
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1. Malaysia finance firms see AI ambitions falter as legacy systems block progress 2. Asia and European insurers lead as US peers lose $226b in market cap 3. Tokio Marine completes $1.8b share disposal to Berkshire unit 4. Hong Kong reviews medical insurance on affordability concerns 5. CEO says Malaysian insurers face uninsurable risks as compliance focus growsResource Center
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