Data insight

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.

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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.

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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.

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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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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.

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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.

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