Data insight

philippine-life-insurance-industry-forecast-to-surpass-us7bn-by-2028-globaldata

Philippine life insurance industry forecasted to surpass US$7bn by 2028: GlobalData

August 22 2024

The data and analytics firm expects demographic trends, favourable regulatory developments, and technology to contribute to growth.

High loss multiples highlight investor’s ‘persistent’ cyber cat bond uncertainty

August 22 2024

Loss multiples on cyber cat ILS are as much as three times higher than those found in similar nat cat linked securities.

IAG reports 79% jump in full-year insurance profit

August 21 2024

Increase to AU$1.44bn (US$970bn) driven by 11.3% rise in GWP, with motor and home insurance seeing strong growth.

Complaints received by Hong Kong’s Insurance Authority fall 10.6% in 2023

August 20 2024

Conduct issues still lead to complaints, but complaints are down YoY, with a comparison of data from the first half of 2024 revealing a further downward trend.

philippine-hmo-industry-sees-return-to-profitability-in-2024

Philippine HMO industry sees return to profitability in 1H 2024

August 20 2024

Insurance Commission reports higher revenues for health maintenance organisations in 1H 2024 despite a surge in benefit payouts.

rising-repair-cost-threaten-to-dent-aviation-insurers-profits

Rising repair costs threaten to dent aviation insurers' profits

August 13 2024

Aviation repair costs are on the rise but a drop in ‘mask rage’ has seen cabin disruption claims fall since the Covid 19 pandemic ended.

thailand-life-insurance-gwp-to-surpass-us22bn-by-2028-globaldata

Thailand's life insurance GWP to surpass US$22bn by 2028: GlobalData

August 12 2024

Demographic shifts and rising health awareness are key drivers of Thailand's life insurance market growth.

japan-p-and-i-club-reports-lowest-level-of-claims-in-five-years

Japan P&I Club reports lowest level of claims in five years

August 9 2024

Claims fell in 2023 but a challenging global macro and geopolitical outlook means the association raised member premiums in 2024.

Fitch: Korean insurers foreign commercial real estate losses ‘tolerable’

August 7 2024

Korea’s insurers have felt the pinch from the global CRE downturn but strong capital levels mean that any pain should be manageable by the sector.

China Life overtakes Ping An as largest Asia-Pacific insurer by market cap

August 1 2024

Japanese insurers saw significant market cap growth despite regulatory scrutiny and scandals over the last 12 months.

h1-2024-nat-cat-losses-exceed-five-ten-and-thirty-year-averages-munich-re

US$67bn in H1 nat cat losses significantly higher than ten-year average: Munich Re

July 31 2024

Japan's Noto Peninsula earthquake was costliest nat cat globally, while a landslide in PNG resulted in the largest loss of life.

Insurers expect CrowdStrike incident to lead to price recalibration

July 29 2024

At an AM Best panel, industry experts highlight importance of understanding technology dependencies and supply chain risks in cyber insurance.

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