UK Insurance Trends

GlobalData Sees Tough Sell Ahead For SME Insurance Brands

It’s no secret that the UK economy is suffering after the Covid borrowing splurge, useless lockdowns and the endless go-slow in the public sector as WFH becomes the excuse for every delay under the sun. […]

Global insurance trends

GlobalData Predicts Growth in Netherlands

The latest market snapshot from GlobalData; In terms of gross written premiums (GWP), the Netherlands’ general insurance industry is expected to grow at a compound annual growth rate (CAGR) of 3.8%, from €64.4 billion ($76.2 […]

Global insurance trends

South Korea Reinsurance Market in Focus

Little South Korea market snapshot from GlobalData; The South Korean reinsurance industry will grow at a compound annual growth rate (CAGR) of 7.0% from KRW9.6 trillion ($8.4 billion) in 2021 to KRW13.4 trillion ($11.9 billion) […]

Technology

GlobalData Report Looks at Blockchain – Don’t Believe The Hype?

The latest from GlobalData; More than 20% of global executives are of the opinion that blockchain technology is all hype, as doubts about its industrial applicability increase due to the recent collapse of the Blockchain […]

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 […]

Motor Insurance

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

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 […]

Global insurance trends

GlobalData Predicts Life Sector Growth in HK

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), […]