Data insight

scale-beginning-to-counter-higher-ev-loss-ratios-in-china-am-best

Large scale countering higher EV loss ratios in China: AM Best

January 8 2025

China’s largest motor insurers are leveraging scale advantages to overcome higher NEV loss ratios, said AM Best.

koreas-life-insurance-industry-to-top-us140bn-by-2029-globaldata

Korea’s life insurance industry to grow steadily to US$140bn by 2029: GlobalData

January 6 2025

South Korea's life insurance market is set to grow to KRW206.2 trillion by 2029, driven by economic recovery and an ageing population.

singapores-personal-accident-and-health-insurance-industry-set-to-surpass-8b-by-2029-globaldata

Singapore’s personal A&H industry set to hit US$8.6b by 2029: GlobalData

January 2 2025

The sector is expected to grow at a rate of 6.6% annually.

Thai GI industry to reach GWP of approximately US$8.5bn in 2025: GIA

January 2 2025

Thai General Insurance Association forecasts GWP growth of up to 2.5% in 2025 despite challenges from economic headwinds.

Australia's GI industry to hit nearly AU$150bn by 2029 - GlobalData

December 13 2024

Growth being driven by rising demand for nat cat coverage, increasing health awareness, and higher vehicle sales.

singapores-gi-industry-to-top-sg8bn-by-2029-globaldata

Singapore’s GI industry to top SG$8bn in 2029: GlobalData

December 2 2024

Economic recovery, rising healthcare costs, and government EV initiatives will be key drivers in shaping growth trajectory.

apac-p-and-c-growth-struggles-to-keep-pace-with-gdp-and-global-peers

APAC P&C growth struggles to keep pace with GDP and global peers

November 27 2024

McKinsey reports that rate-driven growth in APAC's P&C market is failing to capture new risks.

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.

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 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.

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