Motor insurance
Commercial vehicle insurance market to reach $199b by 2029
Commercial vehicle insurance market to reach $199b by 2029
The market was valued at $141.52b in 2024.
How India’s two-wheeler insurance claims rose 15% in 2024
EV-related claims are 18% to 20% more frequent than petrol bike.
Zurich Malaysia launches EV insurance with charger cover
Zurich has also partnered with Gentari Green Mobility to boost EV charging visibility.
bolttech and Harmony Auto launch EV insurance for BYD in Indonesia
It supports Indonesia’s goal of putting 2 million electric cars on the road by 2030.
AXA Hong Kong and Macau unveil typhoon parametric cover for MOTOGO members
It also unveiled a travel insurance coverage of up to $38,220.21.
Allianz Commercial flags battery overheating as key EV insurance concern
Allianz noted that 15% to 30% of EV fires are linked to charging.
QBE launches minor car damage coverage in the Philippines
It allows car owners to get small cosmetic repairs without a claim.
China EV brands log stronger insurance counts in late July
Nio recorded 3,250 insurance registrations.
Tokio Marine rebrands direct auto insurance unit to expand digital visibility
TMDI will operate alongside Tokio Marine Nichido.
Auto insurance market to reach $2.27t by 2032
Asia-Pacific is forecast to be the fastest-growing region through 2032.
Global insurance telematics market to grow 18.9% yearly through 2034
China is emerging as a key growth driver in Asia-Pacific.
Zurich Kotak launches EV Protect add-on for electric vehicles
It also addresses risks such as power surges.
APAC motor insurance slated for 5.6% CAGR by 2029
China, Japan, Australia, South Korea, and India are top market performers.
Philippines proposes motor premium hikes with wider cover
The revised premium structure retains fixed additional charges.
Auto insurers under strain from high-tech repairs
Fixing EVs is expensive, leading many to declare these as a loss.
YAS deploys AI to adjust premiums for Hong Kong taxis
It will initially cover around 1,000 hybrid and electric taxis.
Shriram General wins ₹28.6m claim case with fraud ruling in Rajasthan
The case involved a Toyota Fortuner insured by SGIC.
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