Data insight

Economic rebound, rising claims to drive Malaysia’s GI GWP beyond US$7bn by 2028: GlobalData

October 23 2024

Global Data notes the recovery of the country’s economy, which expanded by 4.4% this year, as a key factor.

rising-nat-cat-awareness-construction-projects-to-drive-japanese-property-insurance-recovery-in-2024-globaldata

Nat cats, new construction projects drive Japanese property insurance recovery in 2024: GlobalData

October 17 2024

GWP contracted in 2023, but GlobalData expects steady growth in the coming years, projecting the segment to top US$24bn in 2028.

asset-risk-higher-for-asia-pac-pampc-insurers-than-us-carriers

Asset risk higher for Asia Pac P&C insurers than US carriers

October 16 2024

P&C insurers in three major North Asian markets of China, Japan, and Taiwan hold almost three times the amount of regulatory capital for asset risk than US carriers.

emering-asias-middle-class-women-have-appetite-to-spend-more-on-insurance-peak-re-report

Emerging Asia’s middle class women have appetite to spend more on insurance: Peak Re report

October 14 2024

There is a "significant opportunity" for insurers to develop products that provide financial security and resonate with priorities of the demographic.

Lower cyber loss severity in Asia, but region seeing a noticeable uptick in incidents: Allianz

October 11 2024

Asian firms face rising cyber threats despite lower loss severity, as Allianz warns of increasing incidents and evolving regulatory landscape.

Indonesia non-life market shifts up a gear ahead of motor insurance mandate

October 9 2024

Strong economic fundamentals support the sector which posted strong first quarter figures in a number of product lines.

HK Insurance Authority warns of rising cyber threat

October 8 2024

Cyber insurance penetration in Hong Kong is half the level of Singapore as a percentage of GDP.

regulations-a-key-catalyst-for-rapid-expansion-of-apac-cyber-market-gallagher-re

Regulations among key catalysts for continued growth momentum of APAC cyber insurance: Gallagher Re

October 4 2024

Low penetration rates, evolving risks, regulatory environment, and digitalisation means cyber should continue to grow swiftly in the region.

Insurance claims for Typhoon Shanshan exceed US$180m

October 1 2024

The typhoon battered southwest Japan from 28 Aug to 1 Sep, causing widespread destruction and displacing up to 5.2 million people.

Japan's life insurance premiums to reach just shy of US$350bn by 2029: GlobalData

September 24 2024

An ageing population and long life expectancy should boost demand for life insurance products in the country.

The Inaugural Recognising excellence in Asia's insurance industry Find out more → Entries close
28 August