In Focus
Malaysia's general insurance to grow at 7.8% CAGR by 2028
Malaysia's general insurance to grow at 7.8% CAGR by 2028
The industry could see $5.0b in direct written premiums this year.
Singapore leads in cyber insurance with 96% adoption rate
About 76% of businesses reinforced cyber defences to qualify for insurance.
Australian insurance sector combats inflation with premium hikes
Its life insurance premiums are seen to grow ~3% in 2024 and 2025 modestly.
Insurers face customer churn as prices rise in select products
Experts pin 3 ways to adapt to a more ‘demanding’ customer base.
Rising healthcare fees hinder financial stability amongst HK residents
The survey revealed 19% of people would pay for cheaper plans and fewer benefits.
China's insurance premiums increase by 5.1% YoY
Year-to-date, the industry’s assets climbed 10.4%.
CEO unfolds how Indonesian firms can focus on growth amidst new regulations
Whilst the market drives towards growth, new rules shrink insurer presence.
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.
Global insurance market to see fastest growth in 18 years
The industry bagged $1.2t in premium income in the past three years.
Chinese insurers deem it wise to move to alternative investments
Analysts see new regulations driving a conservative shift as insurers seek stability amidst volatile markets.
India's life insurance market to grow 10% annually
The industry is projected to reach $216.1b by 2028.
Is ‘Londonisation’ good for Asia’s M&A insurance market?
Industry experts dissect the region’s low usage rates for M&A insurance despite more industry players entering the field.
Hong Kong general insurance GWP to reach $10.9b by 2028
Rising consumer prices can affect the industry’s profitability in the short-term.
Pressures mount for less desirable energy insurance placements
Industry experts eye offshore investments as most attractive, yet more expensive.
NZ general insurance GWP to grow 7.3% annually
The industry is seen to climb 8.3% in 2024.
30% of Malaysian millennials grasp insurance basics
66% of Malaysians feel like they can reach their long-term financial goals.
Markel targets professional indemnity market in Australia
Head of professional and financial risks, Kym Beazleigh, explains the game plan in Markel’s strategic expansion.
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AI isn’t replacing insurance, it’s finally making it work