GlobalData forecasts sector to grow by 7.3% CAGR to NZ$12.9bn (US$7.87bn) in 2028, but profitability to remain volatile due to nat cats and reinsurance rates.
Data from China's regulator shows P&C premiums grew 6.73% YoY, led by 17.31% rise in Agri; Life & Health grows 10.25%, including 12.75% increase in Life segment.