Motor insurance
Global auto insurance market to hit $2.27t by 2032
Global auto insurance market to hit $2.27t by 2032
However, the adoption of autonomous vehicles could dampen growth.
ICA to consult on motor vehicle insurance code update
The initial draft was supposed to be released within this year.
Insurance regulation in Sri Lanka 'developing with limited transparency': Fitch Ratings
The country has one of the lowest insurance penetration rates in Asia.
Singapore’s general insurance industry to grow 6.2% CAGR by 2029
The industry is expected to expand by 8.0% in 2024.
Malaysia considers mandatory car insurance for private vehicles
The transport minister said it could affect insurance costs.
Aussies three times more likely to insure cars than themselves: survey
Whilst almost 80% have car insurance, only one-third hold life insurance.
Zurich Malaysia offers motorcycle insurance on Shopee
It includes add-ons like passenger liability, natural disaster protection, and strike coverage.
South Korean insurers brace for profit squeeze amidst rate cuts
Direct premiums from long-term products contributed to a 3.7% increase in 2023.
Car Insurance Aggregators market to hit $5b in 2024
It is also forecasted to see a CAGR of 12.2% through 2028.
MoneyHero, bolttech new car insurance platform to expand in two markets
MoneyHero’s insurance segment accounts for 7% of total revenue in 2023.
How are new energy vehicle sales shaping China's insurance market?
NEV sales saw a 33.3% increase in Q1 2024.
Car insurance premiums rise 16% in Australia
The average car insurance premium across the country is now $1,717.
Income Insurance introduces new EV plan, ‘range anxiety’ coverage
The plan has optional coverage for private charging stations up to $3,880.90.
What will drive the Thai general insurance market to reach $10.9b by 2028?
Motor, the largest segment, is expected a boost from EV registrations.
Philippines motor insurance industry to grow 9% annually by 2029
This is higher than the global CAGR of 5.03%.
Vietnam inspects insurers for motor vehicle regulation compliance
Voters reported challenges in claiming compensation.
Chinese insurance tech meets auto giants in new deal
The company plans to develop a solution for traditional automakers in two years.
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