General insurance
Indonesia to consider mandatory TPL insurance
This move is driven by the increasing number of accidents on the road.
Indonesia to consider mandatory TPL insurance
This move is driven by the increasing number of accidents on the road.
India’s private insurers outperform with tech edge
The market share of the top 10 insurers fell to 71.2% last year.
Thailand focuses on industry transparency standards
In the past year, the association was able to achieve four missions.
South Korea's capital adequacy rises to 232.2%
This was an increase of 8.1 percentage points from three months prior.
Hong Kong general insurance GWP to reach $10.9b by 2028
Rising consumer prices can affect the industry’s profitability in the short-term.
Zurich Japan, Loyalty Marketing expands into digital offerings
Both entities have been partnering since 2013.
NZ general insurance GWP to grow 7.3% annually
The industry is seen to climb 8.3% in 2024.
The global insurance market projects a 4.5% CAGR increase by 2027
Demand for car and travel insurance is increasing, amidst mandatory coverage.
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.
GWP of Sri Lankan insurers witness 8.38% YoY in Q4’23
Claims incurred totalled Rs137b.
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.
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Humans need to be in insurance’s genAI loop
![Humans need to be in insurance’s genAI loop]()
Insurance
Employees still need to interpret AI-generated data and make decisions to minimise risks.
Employees still need to interpret AI-generated data and make decisions to minimise risks.
