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Taiwan’s general insurance industry growth slows in 2022

Taiwan’s general insurance industry growth slows in 2022

However, an analyst predicts it will ramp up in 2023 at a CAGR 5.4%.

News

What can blindside Australia’s growing general insurance industry

Natural catastrophe may hinder the potential CAGR of 6.4% through 2025, analysts warned.

Exclusive

Increase in profits still too slow for Taiwan’s insurance industry

For a developed country, insurance penetration remains low at 1%.

Exclusive

APAC life segment records highest growth rate in over five years in 2021

Life insurance premiums in the region reached a record-breaking $1.3t.

In Focus

India general insurance industry doubles growth rate in 2022

From 5% in 2021, it is forecasted to grow by 10.2% by end 2022.

News

Nat Cat makes home insurance unaffordable in Australia

This could ultimately lead to underinsurance or no insurance at all.

In Focus

APAC PA&H insurance premiums to more than double in 2026

The segment is growing at an annual growth rate of 13%.

In Focus

Malaysia general insurance industry to reach $5.5b in 2026

The industry’s growth was boosted by strong performance in motor insurance.

News

South Korea life insurance industry to reach $117b in 2026

Its growth will be driven by product innovations by insurers.

News

Hong Kong life premiums projects steady growth to $96.5bn by 2026

The easing of restrictions is bringing back demand from Chinese mainlanders.

News

Vietnam general insurance industry to reach $3.5b in 2026

Natural disasters and growing compulsory insurance classe is boosting the industry.

News

Cyber threats to grow Hong Kong’s general insurance industry to $10b in 2026

Strong performance from liability, property, and financial lines insurance to boost the industry.

In Focus

Taiwan general insurance industry growth tapers off in 2022

Gross written premiums’ annual growth rate peaked at 10.1% in 2021.

News

Indonesia life insurance industry to grow to $17.4b in 2025

After rebounding in 2021, the industry is set for a massive growth trajectory.

News

South Korea premiums to swell to $229.5b by 2025

Life segment to revive in 2022, driven by increased awareness.

News

Taiwan life insurance industry to reach $121.2b in 2025

It is projected to grow at a compound annual growth rate of 0.4%.

News

APAC’s motor insurance industry premiums to reach $294.2b in 2025

Growing sales of electric vehicles supported the recovery of premiums in 2021.

News