China General Insurance Industry $313b
China general insurance penetration rate below market average: analyst
This is despite the prediction that the industry would reach $313b by 2025.
China general insurance penetration rate below market average: analyst
This is despite the prediction that the industry would reach $313b by 2025.
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1. bolttech secures $50m venture debt from HSBC, expands market 2. Life insurance premiums forecast to grow by 3% yearly until 2026 3. Prudential launches AI lab in Singapore 4. Manulife enters into $5.4b reinsurance agreement with Reinsurance Group of America 5. Asia leads in embedded insurance, set to reach $170b by 2030Resource Center
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Humans need to be in insurance’s genAI loop
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Employees still need to interpret AI-generated data and make decisions to minimise risks.
Insurance
Humans need to be in insurance’s genAI loop
Employees still need to interpret AI-generated data and make decisions to minimise risks.
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