Insurance
Cyber insurance market grows 7% to $15b in 2024
Cyber insurance market grows 7% to $15b in 2024
Despite softer demand and rising competition, the sector remained profitable.
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.
What insurance brands do Singapore’s wealthy trust most?
AIA and Prudential were ranked 2nd and 3rd most trusted brands.
Why reinsurers hold steady on catastrophe risk in 2025
But insured losses from natural catastrophes reached $137b in 2024.
APAC’s flood insurance market set for 19.7% CAGR to 2032
Globally, the market is expected to expand 15.6% between 2022 and 2032.
Asia insurance covers just a tenth of catastrophe losses
Global modelled insured average annual property loss rose to $152b.
Asian reinsurers grow abroad as overseas premiums near half share
US premiums now account for 18% of major Asian reinsurers’ portfolios.
Higher premiums loom under Hong Kong’s stricter cyber law
Insurers will play a more active role in clients’ pre-breach cybersecurity strategies.
Why Australian parents say Gen Z least likely to contribute to insurance bills
Only 22% of parents reported that their adult dependants pay their full share.
How much did Singapore’s life insurers pay out in H1 2025?
Investment-linked products made up 43% of new sales in the period.
India’s non-life insurance premiums rise 2.4% in July 2024
The Bima Trinity initiative is expected to drive further sector growth.
APAC’s takaful insurance market to grow fastest with 18.4% CAGR by 2032
Globally, the market is projected to bag $126.8b by 2032.
Asia’s reinsurers expand into mature global markets
AM Best’s Asia Reinsurance Composite posted higher net income in 2024.
Thai life insurance industry grows 4.87% to $10b in H1 2025
New business premiums rose 7.38%.
Insurers may need to hire remotely to bridge talent gap
There is strong demand for actuaries, while underwriting faces a shortage.
GlobalData says 41.9% see green insurance as essential
Meanwhile, 30.5% said such products are not essential.
Singapore life insurers’ H1 2025 weighted new business premiums rise 7.7%
This was driven by Investment-linked policies.
Resource Center
Read Here
Advertise
Sign Up
Awards
Nov
18
Events
Event News
He emphasised that the future belongs to leaders who not only demonstrate strong competence but also uphold a deep sense of moral conscience.
