Data insight, Market report, Non-life, Property

APAC property insurance GWP to exceed US$150bn in 2028: GlobalData

The projected 10.8% compound annual growth rate for the region is expected to outpace the 8.1% CAGR projected for the global market.

Editorial team

July 22, 2024

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4 min read

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Market conditions continue to evolve as businesses review their priorities and plans for growth. The pace of change varies across the region, with local factors shaping how organisations respond.

Attention is turning to the balance between near-term opportunities and longer-term objectives. Decisions made today will help determine how businesses adapt as conditions develop.

While the outlook remains varied, the broader direction reflects a market adjusting to new demands. The implications will become clearer over time as plans move into practice.