General insurance
India’s insurance penetration slumps to 3.7% in FY 23-24
India’s insurance penetration slumps to 3.7% in FY 23-24
Insurance density in India rose slightly, from $92 in FY 22-23 to $95 in FY 23-24.
Singapore’s personal accident, health insurance market to exceed $8b by 2029
PA&H insurance is forecast to rise 8.9% in 2024.
China’s premiums grow sixfold amidst new energy vehicle adoption
But higher claims frequency and repairs challenge profit for some insurers.
Malaysia’s non-life insurance sector sees stable outlook
AM Best also expects insurers to maintain robust underwriting profits.
South Korean insurers bag $80b in premiums for H1 2024
Net income of all insurers for H1 2024 amounted to $6.49b.
Taiwan insurance sector profits hit $11b in November
Thanks to the life industry’s $10.12b profit contribution.
India's non-life insurance climbs 4.4% in November
The modest growth was driven by retail health and motor third-party.
Top 50 list shows recovery in Hong Kong’s insurance premiums
Only four segments in the top 10, all life insurers, posted growth in 2023.
Australia's general insurance sector set to hit $96b by 2029
The market is seen to reach $67.4b next year.
India's non-life insurance sector grows 4.41% YoY in November
Standalone health insurers saw their premiums climb 10% YoY.
Japan slated for 1.74% CAGR through 2028
The market also benefits from the integration of IT and analytic solutions.
Oil and gas drive Malaysia’s non-life insurance demand
Malaysia’s insurance sector operates under a developed regulatory framework.
Australia’s general insurance sector to see profitable 2025 ahead
For FY 2024, gross earned premium grew by 11%.
ICA proposes 17 steps to improve strata insurance outcomes
Key proposals include stricter education requirements for strata managers.
Australian insurers see revenue growth in the September quarter
Total assets totalled $174b during the period.
International Association of Insurance Supervisors sees stable 2025
Supervisors are implementing stress testing and contingency planning to mitigate risks.
Singapore’s general insurance industry to grow 6.2% CAGR by 2029
The industry is expected to expand by 8.0% in 2024.
Thought Leadership Centre
In Association with
Most Read
1. Hong Kong insurance C-Suite pay hits $3m as affluent client focus drives 2026 hiring 2. Etiqa and AIA expand Takaful access via 6,300 agents 3. HSBC Life pushes preventive care shift with new programme 4. Why Indonesia insurers face flat 2026 premiums 5. Tata AIA launches AI and mid-cap funds for ULIPsResource Center
Read Here
Advertise
Sign Up
Awards
Jul
07
Events
Event News
Speakers from Kasikornbank, KPMG Thailand, Systemweb Technology, and Simon-Kucher will share their insights on the industry’s latest trends and challenges.
Commentary
For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness