marine, aviation and transit insurance
APAC’s marine, aviation, transit insurance to reach $14.5b by 2025
APAC’s marine, aviation, transit insurance to reach $14.5b by 2025
Japan and China accounted for 60% of MAT premiums in APAC.
APAC MAT written premiums to hit $14.5b in 2025
The sector will grow at a CAGR of 4.4% from 2019 to 2025.
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1. Hong Kong regulator guts insurance referral fees with 50% cap 2. HSBC says 'no decision' made in Singapore insurance review 3. Can China’s $140b motor insurance market survive a 70% loss ratio? 4. TS Holdings merges Shin Kong Life and Taishin Life 5. PNB MetLife launches dividend fund linked to insuranceResource Center
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Howden Re flags Asia, Europe as top loss drivers
28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.