General insurance

Non-life leads reinsurance market with 57% share as brokers hit 72%

The non-life segment is forecast to grow 7.6% annually through 2035.
2 days ago

Pet insurance market on the road to $27b market value by 2032

APAC accounted for 11% of the global market in 2024.

Philippine insurers trapped by price tariffs as disaster risks escalate

Non-life combined ratios surged to 95.4% as operational costs and disaster risks mount.

South Korean insurers post 14.5% profit drop in 2025

Total premium income reached $179b across life and non-life segments.

Commercial insurance premiums to reach $1.4t in 2025

Reinsurance capital hit $760b, increasing competition across the sector.

New Zealand insurers recover profits as premiums surge 8.6%

The sector posted $7.8b in total premiums in 2024 after steep repricing.

Singapore’s domestic general insurance rises 8.4% in 2025

Despite the growth in revenue, net incurred claims for the domestic market also increased.

Shriram General Insurance expands cover as medical cost gaps widen

The policy can refill the insured amount repeatedly within the same year after each exhaustion.

Hong Kong insurers post weaker 2024 as premiums slip

This is based on the recent data released by the Insurance Authority for the 2024 fiscal year.

Philippines’ insurance penetration stalls at 1.79% as payouts hit $3b

Density jumps to ₱4,414.58 in 2025, crossing ₱4,000 for the first time in 10 years.

HK-China insurers target offshore wealth as agent count hits 5.5-year high

Expanding HK talent schemes drove life insurance agent numbers up 9% by December 2025.

Commercial insurance hits $2t by 2034 as mandates tighten

UNCTAD says Q1 2024 goods trade pushed cross-border exposure.

Non-life insurance outlook holds as India cuts GST to 0%

Individual life and health cover have become more affordable after the tax rate fell from 18%.

Taiwan insurance profits plummet 43.3% to $6.2b in December

Total industry earnings sink as life insurance sector profits halve in 2025.

Shriram General profit jumps 26% in FY 2026 on motor-led growth

Net income reached $18m in Q3 FY 2026 as motor premiums hit $129m.

Hong Kong insurance hiring spikes amidst $55b premium windfall

Massive H1 2025 revenue fuels aggressive hiring for digital transformation roles.