Global insurance trends

Taiwan GI Sector in Focus For New Report

The latest market report from GlobalData; The general insurance industry in Taiwan (Province of China) is projected to grow at a compound annual growth rate (CAGR) of 7.9%, increasing from TWD308.8 billion ($9.7 billion) in […]

Global insurance trends

South Korean Life Sector in Focus: Growth Ahead

The latest market data snapshot from GlobalData; The general insurance industry in South Korea is projected to grow at a compound annual growth rate (CAGR) of 3.8% from KRW33.7 trillion ($25.1 billion) in 2025 to […]

News

GlobalData Looks at Impact of Aviva-Direct Line Deal

Some analysis from GlobalData, plus comment from Aviva below; Following the news that Aviva’s GBP3.7 billion acquisition of Direct Line Insurance Group is set to finalize on or around 1 July 2025 after a High Court Sanction hearing […]

Global insurance trends

GlobalData Report Looks at APAC Market Growth

The latest market snapshot from GlobalData; The Asia-Pacific (APAC) reinsurance market is projected to grow at a compound annual growth rate (CAGR) of 4.8% from an estimated $54.0 billion in 2024 to $68.4 billion in […]

Global insurance trends

Trump’s Tariffs Set to Increase Cost of Spares, Which Means More Claims Inflation

The recent policy announcements from the White House suggest that many US auto insurers and claims specialists will be paying more for spare parts, which of course means higher premiums to pay for those claims. […]

InsureTech

Lack of Expertise is A Hurdle For Insurance Sector, Says GloablData

The latest insights from GlobalData, who see a challenge in terms of expertise when it comes to AI in insurance; A lack of expertise within insurance companies is the biggest challenge to implementing artificial intelligence […]

Global insurance trends

GlobalData Looks at NZ Insurance Market Trends

The latest insurance sector analysis report from GlobalData; The life insurance market in New Zealand is projected to grow from NZD5.9 billion ($3.5 billion) in 2024 to NZD8.3 billion ($4.8 billion) in 2029 registering a […]

Global insurance trends

GlobalData Looks at GI Market in Canada

How are things looking in Canada? GlobalData has some info on the GI market; The Canadian general insurance industry is projected to grow at a compound annual growth rate (CAGR) of 6.0% from CAD86.75 billion […]