Insurance premiums

SBI General Insurance 9M 2025 profit skyrockets

The company’s gross written premium (GWP) rose by 10.9% YoY.

India life insurance premiums rise 6.1% in FY 2023-24

Insurers also issued 291.77 lakh new policies under individual businesses.

India's non-life insurance premiums dip slightly in December 2024

Because of revised reporting requirements that defer long-term policy recognition.

India’s life insurance sector bound for 6.9% annual growth: Swiss Re

Total premium volumes predicted to increase by an average of 7.3%.

Manulife’s new single-premium policy offers annual yield of 4%

The policy is available for a minimum premium of $3,650.

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. 

Commercial insurance set to grow at 7.5% CAGR by 2032

Asia Pacific led the market with a share of over 23% in 2023.

Taiwan life insurers record $35b in H1 premiums

First-year premium (FYP) income rose 7.24% YoY to $11.62b.

Japan P&I Club hikes premiums 7% for 2025

The decision comes as the association grapples with a high volume of claims.

ICA backs Senate's recommendations on climate risk impact on insurance premiums

Insured losses reached $2.19b between 2023 and 2024 due to four extreme weather events.

Life insurance premiums forecast to grow by 3% yearly until 2026

Global life insurance premiums are expected to rise to $4.8t by 2035.  

NorthStandard raises premiums by 5% for 2025-2026

By mid-2024, NorthStandard recorded 14 large claims exceeding $1m.

APAC reinsurance market sees stable pricing in 2024

Although, extreme weather and NatCats could disrupt current pricing stability.

FWD Hong Kong sees first year premiums surge 33% in H1 2024

This was higher than the industry average of 12%.