Insurance

SME insurance is seen to reach $417b through 2032

SME insurance is seen to reach $417b through 2032

Smaller organisations lack the resources and experience to form a separate risk department.
20 hours ago

Top 50 list shows recovery in Hong Kong’s insurance premiums

Only four segments in the top 10, all life insurers, posted growth in 2023.
2 days ago

Japan’s insurance sector sees stability amidst premium boom

Premium income has increased over the past two years.

Recession, inflation top business risks for G20 leaders in next 2 years: survey

Other concerns include poverty and inequality and extreme weather events.

Taiwan insurers' profits jump 70.2% in October

Life insurance enterprises accounted for $9.50b of the total.

Top 50 list shows worsening dip in Singapore’s insurance premiums

The thriving nonlife business offset life insurance’s poor showing in 2023.

Cyber insurance premiums to hit $23b by 2026

S&P anticipates APAC to have one of the fastest growth rates.

China's personal insurance sector to grow 5% to 10% annually

Pension and health products are expected to account for 50% of the market by 2035.

114 million Indonesians insured in H1 2024, up 28.4%

Bancassurance generated the highest premium income at $2.33b.

Only 20% of insurers assess tech risks fully

50% of CROs are already using early-warning KPIs to monitor risks.

Taiwan's general insurance to grow 6.8% annually to 2028

The industry is forecast to grow by 9% in 2024.

Asia leads in embedded insurance, set to reach $170b by 2030

70% of global losses between 2016 and 2023 from natural disasters are uninsured.

Japan’s life insurance slated for 4.7% CAGR through 2029

The industry is forecasted to expand by 6.8% in 2024.

India's life insurance growth slows to 10.6% in October

The industry is expected to grow by 1% to 13% over the next three to five years.

South Korean insurers brace for profit squeeze amidst rate cuts

Direct premiums from long-term products contributed to a 3.7% increase in 2023.

Taiwan insurance sector profits rise to $9.8b, up 3.5% YoY in September

Both life and non-life sectors recorded double-digit growth.