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Emerging risks | Growth Opportunities | APAC Insurance

(Re)in Asia logo
Sunday, October 18, 2026

Data insight

india-reinsurance-premiums-shrink-but-life-grows-in-2022-23
India reinsurance premiums shrink but life grows in 2022-23
January 5 2024
Following cuts to obligatory cession rates at GIC Re, reinsurance premiums shrink 12.17% in 2022-23 in India, says IRDAI.
globaldata-chinas-gi-industry-on-track-for-us361bn-of-gwp-by-2028
Motor will continue to drive China's GI industry to US$361bn GWP in 2028
December 21 2023
GlobalData predicts 7.4% CAGR over five years for China's general insurance market, driven by economic recovery and regulatory reforms.
hong-kong-insurance-complaints-fall-10-in-first-nine-months-of-2023
Hong Kong insurance complaints fall 10% in first nine months of 2023
December 21 2023
Insurance Authority data shows a 10% decrease in overall complaints for the first nine months of 2023, though there was a slight increase in conduct-related cases.
economic-recovery-and-demographic-shifts-to-fuel-australias-life-industry-to-pre-pandemic-levels
Economic recovery and demographic shifts to fuel Australia's life industry to pre-pandemic levels
December 20 2023
GlobalData projects segment to grow to AU$44.7bn (US$30.4bn) by 2028.
17-asian-carriers-in-sps-inaugural-top-50-global-life-insurers
17 Asian carriers in S&P's inaugural top 50 life insurer ranking
December 13 2023
Asia takes second to fifth positions and finishes second behind only Europe in regional rankings.
sp-releases-inaugural-global-ranking-of-pc-reinsurers
S&P releases inaugural global ranking of P&C (re)insurers
December 13 2023
China's PICC second, with 11 Asia Pac insurers in the top 50.
hong-kong-life-industry-sees-modest-declines-in-first-three-quarters-of-2023
Hong Kong life industry sees modest declines through first three quarters of 2023
December 4 2023
Total revenue down 1.7% YoY, while HSBC tops new business charts for Q3 and first nine months of the year.
hong-kongs-property-segment-sees-hk217m-underwriting-loss-in-q3-following-record-rain
Hong Kong’s property segment sees US$28m underwriting loss in Q3 following record downpour
December 1 2023
Accident & health and property losses weigh heavily on Hong Kong's GI market in the first nine months of 2023, culminating in a HK$1.4 billion underwriting shortfall year-on-year.
malaysias-gi-premiums-up-7-3-but-profits-slide-for-h1-2023
Malaysia's GI premiums up 7.3% in H1 2023, but profits slide
November 28 2023
Underwriting profits fall 37.8%, predominantly due to increased motor and property insurance claims.
positive-trends-in-hull-and-cargo-but-asia-seeing-slower-growth-iumi
Positive trends in hull and cargo, but Asia seeing slower growth: IUMI
November 22 2023
Global marine premiums rise to US$35.8bn amid China's ascent in shipping tonnage, though Asia's growth lags due to weaker currencies and economic headwinds.
innovation-can-help-revitalise-sluggish-asia-pc-growth-mckinsey
Innovation can help revitalise sluggish Asia P&C growth: McKinsey
November 16 2023
McKinsey report highlights opportunities for growth in Asia's P&C insurance market — including digitalisation, the SME sector, adapting to electric vehicle adoption, and evolving climate and cyber...
motor-cover-continues-to-dominate-asia-pac-non-life-market
Motor continues to dominate APAC non-life market
November 13 2023
Gallagher Re report shows APAC GWP reached US$1.7 trillion in 2022 — dominated by motor, but low overall insurance penetration highlights region's growth potential.
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