GlobalData
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Malaysian motor insurance set for 7.5% growth by 2028
Malaysian motor insurance set for 7.5% growth by 2028
The industry is seen to account for more than 45% of the general insurance sector.
Global insurers see 6.2% growth in average premiums
China Life Insurance topped its regional peers and was in 5th place globally.
Cyber risk outshines industry threats, surpassing natural disasters
As more firms store data, they become more vulnerable to attacks.
Insurance patents for clean energy, carbon capture surge
Patents for clean energy insurance rose from 1,537 in 2014 to 3,004 in 2023.
Insurers, employers key to mental health access: GlobalData
Vietnamese consumers showed the most concern for their mental well-being.
Malaysia's general insurance to grow at 7.8% CAGR by 2028
The industry could see $5.0b in direct written premiums this year.
What will drive Australia’s PA&H industry to reach $27.8b premiums in 2028?
The market is projected to expand by 5.9% in 2024.
India’s private insurers outperform with tech edge
The market share of the top 10 insurers fell to 71.2% last year.
Indonesia's life insurance to reach $12.1b GWP by 2028
Endowment insurance is forecasted to decline by 7.0% in 2024.
Hong Kong general insurance GWP to reach $10.9b by 2028
Rising consumer prices can affect the industry’s profitability in the short-term.
NZ general insurance GWP to grow 7.3% annually
The industry is seen to climb 8.3% in 2024.
Japan's property insurers stay afloat post-earthquake – GlobalData
Economic losses are estimated between $8.6b to $20.3b.
AI insurance tech receives $2b investment in 2023
Insurers need to stay ahead amidst tech disruptions, says GlobalData head.
Vietnam's general insurance to hit $3.9b by 2028
Motor insurance holds the third-largest share in 2023’s GWP.
Taiwan’s property insurance to spike after 7.4 quake spurs millions in losses
Taiwan's general insurance industry's profitability isn't likely to be significantly affected.
Australia's life insurance to grow 5.9% CAGR by 2028
Favourable macroeconomic and demographic factors will be catalysts for its 2024 performance.
China’s general insurance sector to surge 7.4% in CAGR by 2028
The sector’s CAGR is seen to climb 6.9% this year.
Commentary
For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness