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What will drive Singapore’s general insurance market to bag $6.5 by 2030?

What will drive Singapore’s general insurance market to bag $6.5 by 2030?

PA&H market alone is projected to make up a fourth of the sector’s total premiums.

In Focus

1 day ago

Why 1 in 5 think AI will replace human insurance agents

Over half were comfortable using AI with a human option available.

News

2 days ago

Why is cyber insurance the most in-demand coverage today?

27.4% believe cyber insurance will see the highest increase.

In Focus

6 days ago

Japan’s hip reconstruction market to be valued at $570m by 2036.

The country accounted for around 30% of the APAC market in 2024.

News

Why Taiwan’s insurance outlook remains solid through 2029

The market is projected to expand by 8.8% this year.

In Focus

What will drive Malaysia’s life insurance market to bag $20.4b by 2029?

Policy ownership has increased from 41.5% in 2019 to 45.5% in 2024.

In Focus

South Korea’s general insurance sector bound for 3.8% CAGR through 2029

Motor insurance will account for 58.7% of direct written premium (DWP) in 2025.

In Focus

GlobalData says 41.9% see green insurance as essential

Meanwhile, 30.5% said such products are not essential.

News

Insurers broaden AI use beyond underwriting in Q3 2025

The industry saw higher AI adoption rates in customer service.

News

Hong Kong general insurance market to hit $10.9b by 2029

Personal accident and health insurance is expected to remain the largest segment.

In Focus

Global insurers post 6.8% premium gain in 2024 on expansion

Eighteen out of the 20 companies reported premium growth.

News

South Korea’s motor insurance grows 2.4% in 2025 with rate hikes

Motor insurance remains the largest segment in the general insurance industry.

In Focus

World’s installed renewable capacity to reach 11.2TW by 2035

Thanks to declining costs and policy support.

News

Vietnam general insurance market to grow 7% annually through 2029

The sector is expected to grow 5.9% year-on-year this 2025.

In Focus

What will drive the reinsurance sector to bag $68b in four years?

In 2023, APAC accounted for 13.3% of global reinsurance premiums.

In Focus

Global transformers market to reach nearly $90b by 2030

APAC will lead this growth.

News

Physicians divided over patient choice in biologics vs biosimilars

China’s physicians expressed the highest support amongst surveyed countries.

News