APAC
Parametric insurance sees 12.6% CAGR through 2034
Parametric insurance sees 12.6% CAGR through 2034
China is expected to be one of the fastest-growing parametric insurance markets.
Willis appoints Daphne Duan as Asia risk consulting director
She joins Willis from Marsh Asia.
Why renewables remain a challenge for insurers
The market has a mixed record of delivering profits to insurers.
Allianz Commercial names Nina Simons as global head of MidCorp underwriting
Simons has been with Allianz for 15 years.
Deloitte sees AI aiding insurers in climate risk resilience
AI could prevent around $70b in infrastructure losses yearly.
Why 6 in 10 Gen Zs don’t feel financially secure
But emergency savings has gained traction amongst the generation.
APAC leads in travel insurance growth with 22.1% CAGR
Globally, the market’s premiums are slated for $107b.
APAC to lead global reinsurance growth through 2031
The global market is expected to register a CAGR of 10.8%.
Asian Re grows profit with disciplined underwriting in 2024
AM Best expects performance to be supported by underwriting and investment income.
Blockchain in insurance to grow to $60b by 2032
Asia-Pacific is expected to register the highest CAGR in the coming years.
APAC seen as fastest region in medical insurance market with 12.4% CAGR
The global medical insurance market was valued at $1.7t in 2023.
Insurers cut coal mine coverage as carbon policies gain traction: Study
Carbon underwriting decisions are a potentially powerful tool in the insurance sector.
Health insurance market to hit $4.45t by 2032
The market is expected to grow 9.7% yearly.
Surety market to grow 5% annually through 2030
Markets like Australia and South Korea are expected to remain stable.
This week in insurance: Air India crash pressures reinsurers, Japan expands overseas, Gen Zs suspicious of insurance
The Philippines’ pre-need sector also by 31.23% year-on-year.
Insurance analytics market to reach $44b by 2032 on data demand
Asia-Pacific is emerging as the fastest-growing region.
Asia’s construction casualty insurance market to stay stable
Premium reductions are more likely in softer markets like Korea and China.
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AI isn’t replacing insurance, it’s finally making it work