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.
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.
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.
Market cap of top insurers climbs in Q4, first three months in ‘choppy’ waters
Demand for life and cyber coverage, China's reopening, and the adoption of insurtech could drive the industry forward.
Economic slowdown challenges insurance underwriting; emerging markets show promise
Swiss Re Institute analyst underscored that real premium growth in emerging markets, including China, outpaces the more advanced economies.
Australia’s general insurance sector to surge 9.1% by 2027
The industry is seen to grow by 9.5% in 2023 and 9.8% in 2024.
Taiwan’s life insurance sector will bounce back in 2024 – GlobalData
The industry is forecast to grow at a compound annual growth rate (CAGR) of 3.0% to $91.6b in 2027.
Thailand’s general insurance market to generate $11b by 2027 – GlobalData
Motor insurance accounts for 54.8% of the GWP in 2022, and is expected to grow by 5.6% in 2023.
Indonesia’s insurance M&A to reach $22b in 2027: GlobalData
The increase in MCR for insurers is expected to lead to merger and acquisition (M&A) activities.
SG accident, health insurance to see highest growth of 6.7% annually
Personal accident and health insurance are poised to witness significant growth amidst a thriving general insurance landscape in Singapore.
Bangladesh’s general insurance industry to see 8.8% CAGR in 2027: GlobalData
Its gross written premiums will reach $809m by 2027.
Singapore’s general insurance industry to hit S$7.35b in 2028
The industry will grow at a compound annual growth rate (CAGR) of 5.8%.
APAC’s liability insurance sector to exceed $61b by 2027: GlobalData
Its growth will be underpinned by robust economic development in key markets and enhanced product offerings.
SG’s property insurance to stay afloat in 2023 – GlobalData
Disciplined underwriting and well-diversified portfolios will support profitability, an analyst said.
South Korea’s life insurance industry to exceed $190b by 2027: GlobalData
One of the driving factors is South Korea’s shrinking ageing population.
Life insurance sector in Malaysia to exceed $15.9b by 2027 – GlobalData
For 2023, life insurance in Malaysia is forecasted to grow 2.4%.
Indian life insurance industry to reach $170b in four years: Global Data
This will be bolstered by favourable regulatory policies and more.
Singapore’s property insurance to earn S$1.1b in 2023
On a year-on-year basis, its gross written premiums would grow by 7.6%.
S.Korea insurance industry to see 4.7% jump in GWP in 2027
This is due to a regulatory proposal to deregulate digital insurance innovations.
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Insurers need cultural overhaul in digital push
![Insurers need cultural overhaul in digital push]()
Digitalisation seeks to simplify processes, not complicate things.
Digitalisation seeks to simplify processes, not complicate things.
