General insurance
Taiwan insurers' profits jump 70.2% in October
Taiwan insurers' profits jump 70.2% in October
Life insurance enterprises accounted for $9.50b of the total.
Top 50 list shows worsening dip in Singapore’s insurance premiums
The thriving nonlife business offset life insurance’s poor showing in 2023.
India non-life premiums leap 28% in October
YTD growth in FY 2025 was subdued compared to FY 2024.
China's personal insurance sector to grow 5% to 10% annually
Pension and health products are expected to account for 50% of the market by 2035.
Thailand's insurance policies grow 6.13% in Q2
Number of policies increased 6.13% YoY.
Cambodia’s life insurance policies doubled in October
The industry saw $25m in gross premiums for the month.
South Korea’s general insurance sector to hit $33.3b by 2029
Liability insurance, the second-largest segment, is expected to expand by 12.2% in 2024.
Allianz General Malaysia Q3 revenue rises, motor segment expands
Total assets grew 7.8% YTD to $6.15b.
114 million Indonesians insured in H1 2024, up 28.4%
Bancassurance generated the highest premium income at $2.33b.
Taiwan's general insurance to grow 6.8% annually to 2028
The industry is forecast to grow by 9% in 2024.
Asia leads in embedded insurance, set to reach $170b by 2030
70% of global losses between 2016 and 2023 from natural disasters are uninsured.
Japan’s general insurance sector slated for$94b by 2028
The industry is seen to grow 1.7% in 2024.
South Korean insurers brace for profit squeeze amidst rate cuts
Direct premiums from long-term products contributed to a 3.7% increase in 2023.
Taiwan insurance sector profits rise to $9.8b, up 3.5% YoY in September
Both life and non-life sectors recorded double-digit growth.
ICCSC launches plan to boost insurance trust in Singapore
Trust indicator scores for general insurers were between 73 and 76.
Cambodian insurers’ premiums climb 5.3% growth in September
The number of policies in the general insurance market dwindled by 19.1%.
Pet insurance market to grow $30.1b by 2028
Estimates show more than 500 million companion animals in the world.
Commentary
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