In Focus
South Korea’s general insurance sector bound for 3.8% CAGR through 2029
South Korea’s general insurance sector bound for 3.8% CAGR through 2029
Motor insurance will account for 58.7% of direct written premium (DWP) in 2025.
What insurance brands do Singapore’s wealthy trust most?
AIA and Prudential were ranked 2nd and 3rd most trusted brands.
Why reinsurers hold steady on catastrophe risk in 2025
But insured losses from natural catastrophes reached $137b in 2024.
How much is the Philippine general insurance market worth by 2029?
Property insurance is expected to account for 40% of GWP this year.
Higher premiums loom under Hong Kong’s stricter cyber law
Insurers will play a more active role in clients’ pre-breach cybersecurity strategies.
Why Australian parents say Gen Z least likely to contribute to insurance bills
Only 22% of parents reported that their adult dependants pay their full share.
How much did Singapore’s life insurers pay out in H1 2025?
Investment-linked products made up 43% of new sales in the period.
APAC’s takaful insurance market to grow fastest with 18.4% CAGR by 2032
Globally, the market is projected to bag $126.8b by 2032.
Asia’s reinsurers expand into mature global markets
AM Best’s Asia Reinsurance Composite posted higher net income in 2024.
Over 90% of medical, health insurance and takaful policies saw hikes below 10%
The government has also rolled out the RESET initiative.
Insurers may need to hire remotely to bridge talent gap
There is strong demand for actuaries, while underwriting faces a shortage.
Bangladesh insurance market to reach $16b in 2025
Per capita spending on insurance is projected at $88.22.
APAC insurance analytics market to grow 15.9% through 2027
Globally, the market is projected to grow from $8b in 2019 to $23b.
Indexed life plans rise as Singapore heirs shun family firms
They offer stability and in-depth estate planning solutions.
India’s life insurance market to reach $170b by 2029
It also seen to record $121b gross written premiums this year.
Oona Insurance eyes M&A to boost earnings
Stricter capital rules are pushing weaker players out of the Philippine market.
Hong Kong general insurance market to hit $10.9b by 2029
Personal accident and health insurance is expected to remain the largest segment.
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Claims delays reshape customer loyalty patterns in Indonesia insurance sector.
