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Global insurance trends

Strong Demand For Life Cover in Asia, Says GlobalData

6 June 2022 alastair walker 0

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 […]

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Motor Insurance

Motor: Are Some Renewals 100% More Expensive Than New Customers?

2 June 2022 alastair walker 0

Many in the insurance industry feel that motor insurers are now delivering value, rather than just selling car insurance on price. There seems to be little evidence that existing customers are facing a 100% rise […]

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Global insurance trends

GlobalData Predicts Life Sector Growth in HK

28 March 2022 alastair walker 0

Hong Kong life insurance industry is projected to grow at a compound annual growth rate (CAGR) of 6.6% from HKD543.5bn ($70.0bn) in 2021 to HKD748.6bn ($96.5bn) in 2026, in terms of direct written premiums (DWP), […]

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Insurance claims

More Storms Equals More Flood Damage, Says GlobalData

2 March 2022 alastair walker 0

Insurers saw rising claims as storms Eunice and Franklin battered the UK in February of course, just like most winters. But according to GlobalData the severity and frequency of weather events are increasing, posing challenges […]

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Pet Insurance

Revealed: 41% of Pet Owners Have No Pet Insurance

24 January 2022 alastair walker 0

The COVID-19 pandemic has led to pet ownership soaring in the UK, yet growth of the pet insurance market is lagging behind this trend with price proving the main barrier to uptake, says GlobalData, a […]

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Global insurance trends

GlobalData Takes a Look at Car Insurance Market in Japan

20 January 2022 alastair walker 0

In a highly concentrated Japanese general insurance market, insurers are changing their focus towards property and specialty lines due to decline in motor insurance premiums, finds GlobalData, a leading data and analytics company. Swarup Kumar […]

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Global insurance trends

Looking Ahead To Property Cover Growth in 2022

26 December 2021 alastair walker 0

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 […]

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Global insurance trends

GlobalData Offers Netherlands Market Snapshot

22 December 2021 alastair walker 0

The Dutch economy saw 4% growth in 2021 as the country began to recover from COVID-19. Hot on its heels is the country’s general insurance industry, which is set for growth of 3.7% by the […]

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