Global insurance trends

Strong Demand For Life Cover in Asia, Says GlobalData

The latest from GlobalData; Asia-Pacific’s life insurance industry recorded 7% growth in 2021, the highest since 2016, due to increased insurance awareness as macroeconomic imbalances highlighted the importance of financial security in the wake of […]

Global insurance trends

GlobalData Sees Rising Premiums Down Under

Are insurance premiums heading up too fast down under? GlobalData seems to think so, but IE reckons that the application of data based cover, with real time insights on natural catastrophes, will mean people and […]

Global insurance trends

Beazley Extends Safeguard Product to Australia

Beazley has extended its Safeguard product, which helps businesses minimise the risk of sexual abuse within their organisations, to the Australian market. Beazley Safeguard is designed to help clients reduce the risk of abuse within […]

Global insurance trends

Deals: Europ Assistance Buying InsureandGo Australia

Europ Assistance (“EA”), a subsidiary of the Generali Group, today announced the acquisition of MAPFRE Asistencia’s Australia operations based in Sydney. Europ Assistance has acquired MAPFRE Insurance Services Australia Pty – to be renamed Europ […]

Global insurance trends

Looking Ahead To Property Cover Growth in 2022

Latest from GlobalData; The property insurance industry in Asia-Pacific (APAC) is projected to grow from $85.8bn in 2020 to $137.5bn in 2025, in terms of written premiums, according to GlobalData, a leading data, and analytics […]

Global insurance trends

Australia Aims to Export Solar Generated Electricity

One of the world’s largest renewable energy infrastructure projects, the AUD30+ Billion Australia-Asia PowerLink (AAPowerLink), which will supply renewable electricity to Darwin and Singapore, reaches another milestone with the announcement of the Integrated Project Delivery […]