Accident and Health, Data insight, Market report, Motor, News, Non-life, Property

Singapore general insurance market to exceed S$8.6bn by 2030: GlobalData

Health, motor, and property lines will make up over 80% of premiums in 2025, driven by medical inflation and EV demand.

Reih Angeles

November 3, 2025

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2 min read

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Market conditions continue to evolve as businesses review their priorities and plans for growth. The pace of change varies across the region, with local factors shaping how organisations respond.

Attention is turning to the balance between near-term opportunities and longer-term objectives. Decisions made today will help determine how businesses adapt as conditions develop.

While the outlook remains varied, the broader direction reflects a market adjusting to new demands. The implications will become clearer over time as plans move into practice.