News

GlobalData Says 1 in 5 People Interested in Cyber Cover

One in five individuals are interested in purchasing a cyber insurance policy, according to GlobalData’s 2020 UK Insurance Consumer Survey, as interest from the commercial space moves into personal lines. At present, the personal cyber […]

Global insurance trends

China’s GI Market Set to Slow Down After Covid-19

China’s general insurance industry is forecast to grow by 3.8% in 2020, compared to 5.7% registered in 2019, according to GlobalData, a leading data and analytics company. GlobalData has revised China’s general insurance forecast in […]

Motor Insurance

GlobalData Sees Tough Times Ahead for Australian Motor Insurance Sector

The Australian motor insurance market is forecast to contract by 4.4% in 2020 due to COVID-19, a sharp decline from 3.6% growth in 2019, according to GlobalData, a leading data and analytics company. GlobalData has […]

Global insurance trends

GlobalData Predicts Slowdown in Indian Motor Insurance Sector

Here’s the latest from GlobalData, who see tough times ahead in the Indian motor market. The Indian motor insurance business is expected to contract by 27.2% in 2020, a sharp decline from the 10.1% growth […]

News

GlobalData Say Motor Insurers Found Lockdown Boosted Bottom Line

RSA and Direct Line have posted positive H1 2020 results despite COVID-19 due to being active in the motor market, according to GlobalData. GlobalData’s 2019 UK Insurance Consumer Survey found that Direct Line is the […]

News

GlobaData Report Highlights Importance of Life Sector in France

France’s top ten insurers overwhelmingly depend on the life insurance sector for their premiums, generating 84% of their business from this area. This leaves them exposed to high claims as a result of the COVID-19 […]

Insurance Brokers

GlobalData Says Boom in Pet Ownership is an Opportunity for Insurers

The number of individuals purchasing pets in the UK has surged since the lockdown measures were implemented by the government. Many people who live alone have struggled to sope with the restrictions on movement, shopping […]