Cyber, Financial lines, Market report, Non-life, Professional Liability

GlobalData: Asia Pacific liability insurance to grow 50% to US$61.7bn by 2027

Predicted CAGR rate of 11.8% will catapult APAC's liability insurance industry from US$39.4bn to US$61.7bn, with China being the largest contributor, according

Editorial team

September 29, 2023

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2 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.