Data insight

Thailand's non-life insurance industry rebounds to profitability in 2023: AM Best

March 3 2025

Regulatory support, market consolidation, and shifting premium dynamics are reshaping country's non-life landscape.

high-net-worth-individuals-lead-medical-insurance-expansion-in-hong-kong

High-net-worth individuals to lead medical insurance expansion in Hong Kong

February 28 2025

Nearly half of Hong Kong's high-net-worth individuals plan to purchase new health policies, significantly outpacing Singapore’s 30%, a survey showed.

p-and-i-clubs-hike-premiums-for-sixth-straight-year-amid-surging-claims

P&I clubs hike premiums for sixth straight year amid surging claims

February 24 2025

Despite record-high free reserves, The majority of International Group P&I clubs increased rates between 4% to 7.5% in the Feb renewals.

APAC motor insurance market to top US$300bn by 2029, GlobalData forecasts

February 21 2025

China, Japan, Australia, South Korea, and India to be key drivers of growth in the region.

japan-insurer-mampa-deals-eclipse-asia-pac-market-in-2024

Japan insurer M&A deals eclipse Asia Pac market in 2024

February 21 2025

Nippon Life’s $8bn December move for Resolution Life was twice the size of five largest 2024 Asia Pac M&A deals combined.

GlobalData projects Vietnam life industry to decline again in 2025

February 20 2025

GlobalData projects industry will contract by around 1.3% following declines of 12% in 2023 and around 5.7% in 2024.

“Unprecedented” Saltoro cherry loss may shake up cargo coverage limits

February 20 2025

Singapore-flagged Maersk Saltoro has docked in Nansha port, with initial inspections revealing extensive damage to 24,000 metric tons of Chilean cherries.

Insurers prioritising existing MGA partnerships over acquisitions

February 19 2025

70% of global insurers expect their MGA-sourced premiums to grow, according to a survey by AM Best.

Investment-linked plans surge 41% in Singapore's life insurance sector in 2024

February 18 2025

Sector records robust growth as consumers turn to investment-linked plans for wealth accumulation.

Global data projects New Zealand life insurance market to reach US$4.73bn by 2029

February 14 2025

7% CAGR estimate driven by demographic shifts, healthcare costs, and macroecomic factors.

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