Data insight, Market report, Non-life, Property

Singapore property insurance premiums to exceed S$1.6bn in 2030 on value resiliency, ongoing developments — GlobalData

Digital distribution, rental-platform embedded insurance, faster claims payouts, and rising fire incidents heighten risk awareness, favouring tech-enabled, climate-resilient insurers through 2026–2030.

Leo Laparan II

January 28, 2026

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3 min read

Banner for 22nd SIRC: 'Capacity to Capability'—Building resilience through innovation; futuristic city skyline with a glowing highway; Nov 1–5, 2026 at Sands Expo & Convention Centre.

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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.