GlobalData
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SG accident, health insurance to see highest growth of 6.7% annually
Personal accident and health insurance are poised to witness significant growth amidst a thriving general insurance landscape in Singapore.
SG accident, health insurance to see highest growth of 6.7% annually
Personal accident and health insurance are poised to witness significant growth amidst a thriving general insurance landscape in Singapore.
Bangladesh’s general insurance industry to see 8.8% CAGR in 2027: GlobalData
Its gross written premiums will reach $809m by 2027.
Singapore’s general insurance industry to hit S$7.35b in 2028
The industry will grow at a compound annual growth rate (CAGR) of 5.8%.
APAC’s liability insurance sector to exceed $61b by 2027: GlobalData
Its growth will be underpinned by robust economic development in key markets and enhanced product offerings.
SG’s property insurance to stay afloat in 2023 – GlobalData
Disciplined underwriting and well-diversified portfolios will support profitability, an analyst said.
South Korea’s life insurance industry to exceed $190b by 2027: GlobalData
One of the driving factors is South Korea’s shrinking ageing population.
Life insurance sector in Malaysia to exceed $15.9b by 2027 – GlobalData
For 2023, life insurance in Malaysia is forecasted to grow 2.4%.
Indian life insurance industry to reach $170b in four years: Global Data
This will be bolstered by favourable regulatory policies and more.
Singapore’s property insurance to earn S$1.1b in 2023
On a year-on-year basis, its gross written premiums would grow by 7.6%.
S.Korea insurance industry to see 4.7% jump in GWP in 2027
This is due to a regulatory proposal to deregulate digital insurance innovations.
Motor insurance growth slows down in Singapore
Higher taxes led to lower car sales in August.
Agencies, bancassurance takes largest slice for life insurance distribution in China
They account for 60.1% and 30% of the share in new business DWP in 2021.
How GBA after-sales service centres will affect Hong Kong insurance
GlobalData’s Sravani Ampabathina believes that the centres will boost health and motor insurance sales.
Automobile sales recovery to boost China’s general insurance market
The market is expected to grow at CAGR of 7.2%.
South Korea reinsurance industry to reach $11.9b in 2026
Climate change and regulatory developments continue to be their drivers.
Japanese insurers to face stagnant growth in the next five years
Sluggish sales of term life and savings products are slowing down the industry.
Life, pension segment boosts growth for Malaysia’s insurance industry
The industry is predicted to grow at a CAGR of 8.4% until 2026.
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Critical illness coverage penetration challenges: Understanding Singaporean Struggles and Solutions
Renewables push faces climate hurdles post-COP28