Insurance
APAC home insurance market to hit $82.4b by 2032
APAC home insurance market to hit $82.4b by 2032
Globally, home insurance is seen to reach a CAGR of 7.3%.
1 day ago
Singapore's life insurers eye growth in 2025
The push for innovative healthcare solutions amid slow medical inflation is a challenge.
1 day ago
India’s insurance penetration slumps to 3.7% in FY 23-24
Insurance density in India rose slightly, from $92 in FY 22-23 to $95 in FY 23-24.
Singapore’s personal accident, health insurance market to exceed $8b by 2029
PA&H insurance is forecast to rise 8.9% in 2024.
South Korean insurers bag $80b in premiums for H1 2024
Net income of all insurers for H1 2024 amounted to $6.49b.
Asia-Pacific insurers told to start targeting Gen Z
They are less aware about insurance products than Millenials.
SME insurance is seen to reach $417b through 2032
Smaller organisations lack the resources and experience to form a separate risk department.
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.
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.