Global insurance trends

Indonesia In Focus For GlobalData

Latest report from GlobalData; Indonesia’s property insurance industry will grow at a compound annual growth rate (CAGR) of 8.7% from IDR26.6 trillion ($1.7 billion) in 2023 to IDR37.1 trillion ($2.4 billion) in 2027, in terms […]

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GlobalData Report Looks at Indian Insurers Prospects

Some insights from GlobalData; Frequent natural catastrophic (nat-cat) events, such as the heavy rainfall in July 2023 in Northern India and the cyclone Biparjoy that hit Gujarat and parts of Rajasthan in June 2023, will […]

Global insurance trends

GlobalData Report Looks at Singapore Property Sector

The latest report from GlobalData looks at Property insurance in Singapore. Singapore property insurers are expected to remain profitable in 2023 due to disciplined underwriting, adequate reinsurance coverage, and growing premiums from compulsory fire insurance, […]

Global insurance trends

India Life Market in Focus for GlobalData

The latest market report from GlobalData; India’s life insurance industry is set to grow at a compound annual growth rate (CAGR) of 12.5% from INR9.0 trillion ($128.0 billion) in 2023 to INR14.5 trillion ($170.6 billion) […]

Global insurance trends

Growth Market: Spain in Focus For GlobalData

The Spanish insurance industry is expected to grow at a compound annual growth rate (CAGR) of 5.3% from EUR64.1 billion ($76.6 billion) in 2022 to EUR82.9 billion ($101.1 billion) in 2027, in terms of direct […]

Global insurance trends

GlobalData Reinsurance Snapshot: Asia-Pacific

With the Asia-Pacific (APAC) region’s exposure to extreme weather events leading to unsustainable natural hazard losses and high inflation worsening them, reinsurers in the region will face challenges in their growth in 2023, says GlobalData, a […]

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UK Market: Demand For Private Health Insurance Increasing

Latest from GlobalData, who agree with Insurance Edge; private health cover demand is rising as the NHS is gradually collapsing. Makes sense. The NHS is in crisis due to a backlog from the pandemic, underfunding, […]

Global insurance trends

GlobalData Looks at Cyber Risks & Bad State Actors

The latest report from GlobalData looks at the T&Cs surrounding acts of cyber warfare. It isn’t just Ukraine, all sorts of States could take action against an enemy’s supply chain, food distribution systems, energy supply, […]