GlobalData

Property and motor to drive New Zealand GI growth

March 4 2024

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.

hong-kong-pah-industry-to-hit-hk28-5bn-by-2028-globaldata

Hong Kong PA&H insurance to hit HK$28.5bn by 2028: GlobalData

February 21 2024

GlobalData projects 7.4% CAGR over the next five years amid rising health costs and increasing demand.

agri-key-to-12-1-cagr-for-chinas-property-insurance-segment

Agri key to anticipated 12.1% CAGR growth for China's property insurance segment

February 9 2024

GlobalData forecasts gross written premiums to grow to CNY428.3bn (US$67.7bn) in 2028.

nat-cat-infrastrucutre-and-health-demand-to-drive-vietnam-gi-growth

Nat Cat, infrastrucutre, and health to drive Vietnam GI growth

February 1 2024

GlobalData forecasts growth of segment to VND 98.3 trillion (US$3.9bn) in GWP by 2028.

hong-kongs-life-sector-forecast-to-return-to-pre-pandemic-levels-by-2027

Hong Kong's Life segment forecast to return to pre-pandemic levels by 2027

January 18 2024

GlobalData forecasts 4.1% CAGR over the next five years, with the SAR experiencing an economic recovery post COVID-19.

australian-motor-insurance-market-to-grow-to-us23-9bn-by-2028

Australian Motor Insurance segment to grow to AU$35.1bn by 2028

January 17 2024

GlobalData estimates CAGR of 9.9%, fueled by vehicle sales and growth of EVs.

South Korean motor insurance market anticipated to exceed US$19bn by 2028

December 22 2023

GlobalData says rising quantity and value of vehicle sales will outperform shift to digital and more competitive pricing environment.

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.

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.

evs-regulation-to-fuel-chinas-motor-growth

EVs, regulation to fuel China motor insurance growth

November 27 2023

China's motor insurance market is projected to reach CNY1.1 trillion (US$171.9bn) by 2028, driven by EV demand and regulatory changes.

chinas-life-insurance-market-projected-to-reach-cny5-6-trillion-by-2028-globaldata

China's life insurance market projected to grow by CAGR of 9% over next five years

November 15 2023

China's life market is poised to reach CNY5.6 trillion (US$893bn), driven by economic recovery and the needs of its ageing population, according to GlobalData.

globaldata-japan-life-insurance-market-expected-to-surpass-us350bn-by-2028

GlobalData: Japan life market to reach nearly US$360bn in 2028

November 14 2023

Japan's life insurance industry is forecast to expand steadily in the coming years, despite potential challenges from changes in the Bank of Japan's monetary policy.

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