Home insurance
Private mortgage insurance market projected to rise to $9.7b by 2029
Private mortgage insurance market projected to rise to $9.7b by 2029
The market is slated for a 9.5% growth this year.
Home insurers grow as premiums top $6.3t
Insured losses from natural disasters are expected to reach $140b to $150b in 2025.
Australians show stronger knowledge of home insurance excess
Versus their Canadian and American counterparts.
Lenders’ mortgage insurance market to bag $9.85b in 2025
Asia-Pacific is projected to be the fastest-growing region through to 2029.
Singaporean rental platform launches free home insurance
The insurance is embedded directly into the platform in partnership with discovermarket.
Asia-Pacific home insurance market to grow 10.12% by 2032
Globally, the market is expected to bag $477b.
Japan drives Asia’s home insurance growth with rising demand
Globally, the market could bag $254.63b.
Premium spikes threaten home insurance affordability in Australia
Mainly due to rising claims and increasing costs for insurers.
APAC home insurance market to hit $82.4b by 2032
Globally, home insurance is seen to reach a CAGR of 7.3%.
Australia warns of spike in theft claims amidst holiday season
Half of Aussies said they planned for 4-day vacations, leaving homes vulnerable.
Climate change renders Australian home insurance unaffordable
Surge in claims led to an average home insurance premium increase of at least 14%.
Rising property values boost home insurance demand
The market is projected to reach over 7% CAGR.
Zhibao expands homeowners' insurance to Nanjing
The product is backed by six insurers.
Home insurance affordability worsens across Australia
Affordability stress has surged by 30% over the past year.
HKMCI introduces flexible rental options for homeowners
This aims to help homeowners with their needs.
1 in 5 Australians switch home insurance to save costs
Alarmingly, 3% downgraded or dropped their policy completely.
Global non-life reinsurance market to see improved margins
The market witnessed a dramatic increase in average retentions on property reinsurance programmes.
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AI isn’t replacing insurance, it’s finally making it work