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Insurers broaden AI use beyond underwriting in Q3 2025
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.
Foreign reinsurers raise India market share to 49% in FY 2024
According to GlobalData, this share is expected to surpass 50% in 2025.
Vietnam general insurance market to grow 7% annually through 2029
The sector is expected to grow 5.9% year-on-year this 2025.
Indonesia’s PA&H slated for 13.4% CAGR through 2029
Growth in 2025 alone is estimated at 14.2%.
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.