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Emerging risks | Growth Opportunities | APAC Insurance

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Wednesday, October 14, 2026

Data insight

south-koreas-insurance-sector-sees-13-2-rise-in-net-income-for-9m-2024
South Korea's insurance sector sees 13.2% rise in net income for 9M 2024 
November 27 2024
Premiums increased 4.8% according to preliminary data from the FSS, but regulator notes concerns over global market uncertainties and potential losses from real estate project financing.
australian-mortgage-insurance-premiums-set-to-bounce-back-to-growth-in-2025-samppwebp
Australian mortgage insurance premiums set to bounce back to growth in 2025: S&P
November 26 2024
Premiums dropped by approximately 36% in 2023, however profitability in the sector has remained sound.
koreas-gi-industry-to-grow-5-in-2024-globaldata
Korea's GI industry to grow 5% in 2024: GlobalData
November 22 2024
Motor and liability to drive growth in 2024, with GlobalData forecasting a 5.2% CAGR through to 2029.
globaldata-projects-singapore-life-insurance-to-grow-to-nearly-sg60bn-by-2029
GlobalData projects Singapore life insurance to grow to nearly SG$60bn by 2029 
November 21 2024
Demand from an ageing demographics and affluent population set to fuel growth. 
apac-m-and-a-activity-slows-in-q3-as-major-deals-face-regulatory-challenges
APAC M&A activity slows in Q3 as major deals face regulatory challenges 
November 21 2024
India, Japan, and South Korea drive regional dealmaking, while Australia sees a sharp slowdown in activity compared to last three quarters.
lic-planned-health-insurance-entry-could-reshape-market-dynamics-globaldata
LIC’s planned health insurance entry could reshape market dynamics: GlobalData 
November 18 2024
LIC aims to leverage its vast customer base to capitalise on India's fastest growing segment.
iccsc-unveils-new-action-plan-to-help-build-trust-in-singapores-insurance-sector
Singapore insurance conduct body unveils plan to help enhance trust in sector
November 14 2024
ICCSC plan includes initiatives to increase consumer awareness, improve policy literacy, and refine claims process.   
singapore-life-industry-sees-strong-premium-growth-through-first-three-quarters-of-2024
Singapore life industry sees strong premium growth through first three quarters of 2024 
November 13 2024
The Life Insurance Association reports a 23.5% rise in weighted new business premiums for the first nine months of 2024.
asia-insurtech-funding-falls-with-global-investment-expected-to-stabilise-at-us4-2bn-in-2024
Asia insurtech funding falls with global investment expected to stabilise at US$4.2bn in 2024
November 8 2024
Following volatile years, funding is expected to level out, with a focus on AI-driven solutions and growing interest in breakout-stage insurtechs.
industry-needs-to-adapt-and-reshape-image-to-attract-young-talent-canopius-report
Singapore insurance industry must adapt to attract young talent: Canopius Survey
November 6 2024
Singapore students believe insurance offers stability and work-life balance, but industry is perceived to lag behind other sectors in advancement opportunities.
mainland-chinese-turn-away-from-hong-kong-health-insurance-post-covid
AFCA data shows 5% increase in complaints for Australia's GI industry
November 1 2024
GI grievances up in 2023-24, but life insurance complaints decreased by 4% over the same period.
APAC_Asia Pacific
Rates easing but APAC remains an attractive growth prospect for reinsurers - S&P
October 31 2024
S&P forecasts stable credit ratings for APAC reinsurers despite geopolitical and natural catastrophe risks.
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