General insurance

The global insurance market projects a 4.5% CAGR increase by 2027

Demand for car and travel insurance is increasing, amidst mandatory coverage.
2 days ago

The global insurance market projects a 4.5% CAGR increase by 2027

Demand for car and travel insurance is increasing, amidst mandatory coverage.
2 days ago

India’s non-life premiums see double-digit growth in FY’24

The industry is projected to grow 13% to 15% in the medium term.

1 in 5 Australians don't have adequate insurance

About 9% indicated a need for health insurance.

How insurance can aid potential exposures under new patent system – Aon

China's IP office received around 1.62 million patent applications in 2022.

Global non-life reinsurance market to see improved margins

The market witnessed a dramatic increase in average retentions on property reinsurance programmes.

Malaysia's insurance industry grows 7.8% in 2023

On the other hand, underwriting profit contracted by 26%.

6 of 10 Thais are confident in sharing data for personalised coverage

Key factors like value for money, affordable premiums, and brand trust remain significant influences on insurance purchasing decisions.

S’pore’s general insurance sector climbs 10.1% YoY in 2023

The healthcare sector suffered an underwriting loss due to rising costs.

Commercial property insurance to see 10.4% CAGR by 2028

Persistent economic climate significantly influences insurers' underwriting practices and pricing strategies.

Australian regulator calls for better claims handling

ASIC expects the industry to improve its response to recent events and prioritise the resolution of outstanding claims related to 2022 floods.

MSIG Singapore upgrades investment analytics with Clearwater tech

This will enable digital reporting, ensuring compliance with international standards such as IFRS 9.

Surge in demand for cyber, marine, cargo, and property insurance in SG and Malaysia

Success in both markets relies heavily on how they’ll navigate uncertainties.

Operating performance strong for ICICI Lombard: AM Best

Its underwriting results are offset by its reliance on investment income.