News
India’s insurance penetration slumps to 3.7% in FY 23-24
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.
Global chronic disease management market to reach $1.1t by 2029
The economic burden of the condition is projected to cost the global economy $47t by 2030.
Retail, consumer brands to boost AI investments by 52% in 2025
Companies plan to allocate an average of 3.32% of their revenue to AI this year.
Emerging Asia leads as top investment destination of Western FIs
Four of the priority markets are in ASEAN: Malaysia, Singapore, the Philippines, and Indonesia.
What factors drive the global cell and gene therapy tools market?
One drive is the rising prevalence of chronic diseases like cancer and diabetes.
South Korean insurers bag $80b in premiums for H1 2024
Net income of all insurers for H1 2024 amounted to $6.49b.
10 capabilities driving delivery predictability according to McKinsey
Agile funding, product management, and iterative controls are top capabilities driving effectiveness.
Low carbon energy amongst trends to watch in 2025
Battery and solar markets are projected to remain oversupplied.
Global senior living market to grow by $127.4b by 2028
Mobile apps, trackers, and smart alarms are witnessing high demand.
SME insurance is seen to reach $417b through 2032
Smaller organisations lack the resources and experience to form a separate risk department.
New playbook guides startups against costly cybersecurity breaches
PwC Indonesia and AC Ventures have launched a ‘Cybersecurity Playbook for Startups.’
Halal startups growth hindered by regulatory and education gaps
Varying regulations and awareness are stalling market expansion.
Nearly 1 in 5 holiday e-commerce transactions in HK flagged for fraud
65% of consumers plan to make over half of their holiday purchases online.
Gen MZ drives South Korea’s second-hand luxury boom
This shift is driven primarily by younger generations.
Confidence amongst China CEOs hits lowest post-COVID
Around 41% CEOs said business conditions are worse than six months ago.
Over 80% of Chinese consumers now consider wellness a top priority
85% said they purchased more in the healthy-aging category.
Hybrid setup reshapes employment, collaboration amongst Filipino workforce
Flexible setups reduce commuting and increase access to rural talent.
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