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.
Thought Leadership Centre
In Association with
Most Read
1. Remote job demand in Singapore insurance rises 15.3% 2. India insurance market sees moderating premium growth: Report 3. Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors 4. Manulife to sell MVI Life to Japan’s Asahi Life 5. Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fireResource Center
Read Here
Advertise
Sign Up
Awards
Jul
07
Events
Event News
Showcase your achievements and gain recognition for shaping the future of insurance.
Commentary
AI isn’t replacing insurance, it’s finally making it work