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), […]
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 […]
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 […]
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 […]
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 […]
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 […]
UK SMEs are taking on extra risk by not purchasing employers’ liability insurance as its penetration rate falls again, with nearly a quarter of those believing the risk to their staff is minimal, according to […]
Portugal’s general insurance industry is projected to grow from €5.28bn (US$6.03bn) in 2020 to €6.68bn (US$8.35bn) in 2025 in terms of gross written premiums (GWP), according to GlobalData, a leading data and analytics company. As […]
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