GlobalData

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See below for the Latest GlobalData News, Analysis, Profit Results, Share Price Information, and Commentary. 

Insurers face 13.8% IT surge as legacy systems drag

Insurers face 13.8% IT surge as legacy systems drag

Property and casualty carriers are also projected to post a 12.9% rise this year.

Banks face budget squeeze from AI and legacy systems

Corporate IT allocations are projected to keep climbing through 2027.

IoT boom drives Japan’s mobile revenue to $51.4b, surpassing human users

GlobalData forecasts $2.7b revenue rise by 2030 driven by 7.2% M2M and IoT growth.

APAC battery construction to hit $45.4b by 2027 despite slowdown in execution

EVs and energy storage systems demand will drive regional growth.

Japan life premiums grow 5.4% CAGR amidst yield volatility

Gross written premiums are projected to reach $334b by 2030 following a 2024 contraction.

APAC digital banking market to hit $5.12t by 2033

Market Data Forecast projects a 9.43% CAGR through the next decade.

Can China’s $140b motor insurance market survive a 70% loss ratio?

Loss ratios surged from 57% to 70% in four years as NEV repair costs and parts prices spiked.

Top 25 banks reach $6.1t market value in Q4 2025

GlobalData said banks are entering 2026 with a more stable outlook.

Global wind installations to reach 934.6 GW by 2030

China's major manufacturers are increasingly concentrating global market share leadership.

Can solar and offshore wind replace nuclear as Taiwan’s primary power source by 2035?

Natural gas, meanwhile, will provide essential baseload power following the 2025 nuclear exit.

Why are floods driving Thailand property insurance growth?

Gross written premiums are expected to rise from $1.7b in 2026 to $2b 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.

Why 1 in 5 think AI will replace human insurance agents

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

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

27.4% believe cyber insurance will see the highest increase.

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

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