Data insight

australia-life-insurance-breaches-rise-for-third-year-but-impact-significantly-fewer-customers

Australian life insurance code breaches rise for third year, but impact fewer customers

April 9 2024

The Life Insurance Code Compliance Committee reports 9% rise in breaches in 2022-23, but 47% reduction in number of customers impacted.

floods-continue-to-reign-as-asias-top-nat-cat-peril

Floods continue to reign as Asia Pac's top nat cat peril

April 9 2024

Floods were again Asia Pacific's costliest natural catastrophe in 2023, as global protection gap continues to widen.

tech-and-product-innovation-fuels-private-insurers-rise-in-indian-motor-segment-globaldata

Tech and product innovation fueling private insurers' rise in Indian motor segment

April 8 2024

India's motor insurance landscape seeing dynamic shift, says GlobalData.

Indonesian life insurance sector set for bounceback post-2024: GlobalData

April 2 2024

After a challenging period, Indonesia's life insurance industry is anticipated to rebound, driven by regulatory changes and changing demographics.

japan-pi-club-1-4-renewals-saw-further-rate-rises-amid-a-challenging-business-environment

Japan P&I Club sees tonnage drop amid further rate rises in 1.4 renewals

March 30 2024

7.5% rate increase for ocean-going vessels and a 10% increase for Naiko Class mark consecutive hikes for fifth and third year respectively.

hong-kong-life-insurance-sector-begins-recovery

Agent channel continues to gain momentum despite Hong Kong life insurance dip in 2023

March 27 2024

New business premiums shrank 1.8%, but agent sales continue to gain traction amid year-long downturn in bancassurance and broker channels.

aerial-and-satellite-images-employed-to-fast-track-noto-peninsula-quake-claims

Noto earthquake claims rise to 115k, with 59% paid: GIAJ

March 22 2024

Latest numbers show accepted claims have increased from 67k at end Jan, though good progress has been made with 83% of investigations now completed.

Health & Safety surpasses Cyber as key concern for APAC Directors: D&O survey

March 21 2024

Top insurance priorities are multi-jurisdictional claims in Asia and settlement of claims in Australasia, according to WTW and Clyde & Co report.

ICNZ reports 91% of Auckland Anniversary and Cyclone Gabrielle claims settled

March 20 2024

Over NZ$3bn (US$1.812bn) paid out as of March 1, with 92% of property and 94% of contents and motor fully resolved.

losses-hit-singapores-motor-and-health-lines-of-business-for-third-time-in-five-years

Singapore's Motor and Health lines report underwriting losses for third time in five years

March 19 2024

Singapore's domestic General Insurance GWP tops SG$5bn (US$3.7bn), but underwriting profits dip as country's two largest lines of business record losses.

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