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See below for the Latest GlobalData News, Analysis, Profit Results, Share Price Information, and Commentary.
Agencies, bancassurance takes largest slice for life insurance distribution in China
They account for 60.1% and 30% of the share in new business DWP in 2021.
How GBA after-sales service centres will affect Hong Kong insurance
GlobalData’s Sravani Ampabathina believes that the centres will boost health and motor insurance sales.
Automobile sales recovery to boost China’s general insurance market
The market is expected to grow at CAGR of 7.2%.
South Korea reinsurance industry to reach $11.9b in 2026
Climate change and regulatory developments continue to be their drivers.
Japanese insurers to face stagnant growth in the next five years
Sluggish sales of term life and savings products are slowing down the industry.
Life, pension segment boosts growth for Malaysia’s insurance industry
The industry is predicted to grow at a CAGR of 8.4% until 2026.
Frequency of nat cat events to drive demand in commercial insurance in Japan
The general insurance industry in the country is growing at a CAGR of 3%.
Marine, aviation, and transit insurance in APAC to balloon to $16b by 2026
It is estimated to grow at a CAGR of 6.4%.
Nat cat will to hurt Australian property insurers profit margin: analyst
Increasing claims have pushed property insurers' loss ratio to 84.6%.
Thailand’s life and health insurance industry to surge to $36.1b in 2026
The industry is growing at a CAGR 4.7%.
India’s life insurance industry experiencing post pandemic growth: analyst
It is set to grow to $150.6b in 2026.
Taiwan’s general insurance industry growth slows in 2022
However, an analyst predicts it will ramp up in 2023 at a CAGR 5.4%.
What can blindside Australia’s growing general insurance industry
Natural catastrophe may hinder the potential CAGR of 6.4% through 2025, analysts warned.
Increase in profits still too slow for Taiwan’s insurance industry
For a developed country, insurance penetration remains low at 1%.
APAC life segment records highest growth rate in over five years in 2021
Life insurance premiums in the region reached a record-breaking $1.3t.
India general insurance industry doubles growth rate in 2022
From 5% in 2021, it is forecasted to grow by 10.2% by end 2022.
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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.
