GlobalData

GlobalData is a leading provider of data, analytics, and insights on the world's largest industries.

See below for the Latest GlobalData News, Analysis, Profit Results, Share Price Information, and Commentary. 

India’s private insurers outperform with tech edge

The market share of the top 10 insurers fell to 71.2% last year.

Indonesia's life insurance to reach $12.1b GWP by 2028

Endowment insurance is forecasted to decline by 7.0% in 2024.

Hong Kong general insurance GWP to reach $10.9b by 2028

Rising consumer prices can affect the industry’s profitability in the short-term.

NZ general insurance GWP to grow 7.3% annually

The industry is seen to climb 8.3% in 2024.

Japan's property insurers stay afloat post-earthquake – GlobalData

Economic losses are estimated between $8.6b to $20.3b.

AI insurance tech receives $2b investment in 2023

Insurers need to stay ahead amidst tech disruptions, says GlobalData head.

Vietnam's general insurance to hit $3.9b by 2028

Motor insurance holds the third-largest share in 2023’s GWP.

Taiwan’s property insurance to spike after 7.4 quake spurs millions in losses

Taiwan's general insurance industry's profitability isn't likely to be significantly affected.

Australia's life insurance to grow 5.9% CAGR by 2028

Favourable macroeconomic and demographic factors will be catalysts for its 2024 performance.

China’s general insurance sector to surge 7.4% in CAGR by 2028

The sector’s CAGR is seen to climb 6.9% this year.

Hong Kong’s PA&H insurance sector to reach $28.5b in 2028

This growth was driven by the increased health awareness brought by the pandemic.

Motor insurance segment in S. Korea to exceed $19b by 2028: GlobalData

Healthy loss ratio driven by lower claims will assist insurers in re-assessing their risk exposure.

Property insurance in China could reach $41b in 2024

The industry saw a higher demand for property insurance driven by NatCat events in 2023.

Chinese life insurance set for 9% annual growth, to reach $893b by 2028: GlobalData

Increased awareness of health and better financial planning are a few of the growth drivers of China’s life insurance sector.

Mainland Chinese tourists fuel growth in Hong Kong’s life insurance market

The industry will grow 4.1% by 2028 due to more mainland tourists and the super aging population.