GlobalData

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

How did APAC insurers fare in 2023?

The average premium earned by these companies grew by just 1.3%.

India’s general insurance sector slated to expand 11.2% in 2024

Motor insurance is anticipated to account for 31.1% of GWP.

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.

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.