South Korea's insurance industry set for $191.2bn by 2029. South Korea's insurance industry is expected to grow at a compound annual growth rate (CAGR) of 3.4% from 2025 to 2029, rising from $167.1bn in 2025 to $191.2bn by 2029, according to...

Asia Insurance Review, Magazine February 2025. Asian. Australia: More companies seek cyber insurance than before. Many businesses in Australia and New Zealand are now considering cyber insurance as an essential addition in their security arsenal according to a …

Taiwan: More affordable policies to be provided to underserved segments To better address the needs of the elderly in Taiwan's super-aged era, the Financial Supervisory Commission (FSC) will promote insurance policies that allow the economically disadvantaged and certain identity groups to obtain basic insurance protection at a lower premium.

Asia Insurance Review, Magazine January 2025. Asian. Australians prefer to protect cars over themselves. Australians are now almost three times more likely to insure their car instead of their biggest asset – themselves and their earning potential – with new research revealing a deepening national crisis in access to affordable financial...

New Zealand: Insurers welcome government's commitment to climate adaptation India: Government to allow 100% foreign investment in insurance, with a caveat China: Consumers most receptive to AI-driven premiums Malaysia: Insurers and takaful companies to jointly address the issue of total loss vehicles

Asia Insurance Review, Magazine December 2023. Asian. Cambodia: Insurance market grows by 2.6% in third quarter. Cambodia’s insurance industry recorded a premium of $87.3m in the third quarter of 2023, up 2.6% from $85m in the corresponding quarter last year, according to a report by the Insurance Regulator of Cambodia (IRC).

Mandiri AXA General Insurance’s (MAGI) strategy has been built around innovation and multi distribution channels. It comprises bancassurance, fast-track digitalisation and rapid adoption of robotisation with all partners including partner banks, brokers, agents, direct sales teams and business-to-consumer.

Pressure to address pricing globally. BROKING. Guy Carpenter’s Mr David Priebe spoke to Asia Insurance Review about the year ahead in APAC, the impending renewals – and what brokers need to do in order to remain relevant in a fast-changing world.

Jan 31, 2025 · For too long, the life insurance sector has been the dull cousin of general insurance – lacking the dynamism and product innovation that grows the market and attracts the best talent.

Asia Pacific: Survey sheds light on Gen Z's insurance awareness level and other traits The middle-class Asian Gen Z demographic is at an earlier life stage, with many currently in the lower middle-class segment. Nonetheless, they are more ambitious and self-confident compared to Millennials and Gen Y, with a strong desire to move...