Motor insurance
APAC’s commercial auto insurance set for steady 3.2% CAGR
APAC’s commercial auto insurance set for steady 3.2% CAGR
Globally, the market is forecasted to register CAGR of 9.9%.
Asia Pacific to lead global motor insurance growth
The market is also estimated to have bagged $833.8b last year.
Swiss Re warns motor insurers on rising claims pressures
Last year saw 90 million car sales, which required mandatory motor coverage.
MoneyHero launches integrated car insurance platform with bolttech
The new service allows customers to compare real-time quotes.
Australians spend A$138 monthly average on car insurance
A research also shows that 5% cancelled their car insurance altogether.
ICA calls for reforms as motor insurance premiums hit A$1,052 in 2024
Car repair bills now making up 60% of claim costs.
Motor theft claims surge 96% to $270m in Australia over nine years
Theft claim frequency also rose sharply in Queensland and metro Victoria.
Philippine senate bill seeks broader insurance for rehired, direct overseas workers
Recruitment agencies and foreign employers should be held accountable for their obligations.
Philippines cracks down on unauthorised third-party insurance seller
The government said it will deploy undercover “mystery customers”.
Ping An P&C, FAW Hongqi launch intelligent driving protection services
Ping An P&C developed the first full-scenario solution for intelligent driving.
Rising costs push 1 in 4 Australians risk voiding insurance
Neglecting routine maintenance could lead to consequences at the event of a claim.
Hyundai India partners with Magma for motor insurance
It will be offered across 600+ dealerships across the country.
Guaranteed auto protection insurance market slated for 7% CAGR through 2032
Automobile industry and awareness in China are driving GAP insurance adoption.
Commercial auto insurance sector slated for 6% CAGR by 2032
In APAC, the market is expanding rapidly thanks to increased trade.
Australians pay $585 on average for car insurance
Insurance prices increased by 14% as of September last year.
Lippo General Insurance launches telematics app for safe driving
The app analyses real-time driving data and offers a reward system.
India's non-life insurers premiums surges 13% in FY 23-24
Health insurance remained the largest segment with a 40.29% share.
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Awards
Jul
08
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Hewison highlights how insurers must balance innovation with trust, compliance, and societal impact to remain resilient and relevant in an increasingly complex landscape.
