Japan’s life insurance market is projected to grow from JPY38.7 trillion ($266.2 billion) in 2026 to JPY47.8 trillion ($337.7 billion) in 2030, registering a compound annual growth rate (CAGR) of 5.4% in terms of gross written premiums (GWP), according to GlobalData, a leading data and analytics company. GlobalData’s Global Insurance Database indicates that the Japanese […]

Small and medium enterprises (SMEs) are more likely to buy cyber insurance because of professional advice or perceived risks such as AI, rather than because the company has been a victim of a cyberattack. As the market becomes more preventative, specialized cyber policies may reduce the barrier to entry and help provide adequate protection for […]

Artificial intelligence (AI), cyber insurance, and climate change/natural catastrophes are the three themes that will have the biggest impact on insurance in 2026, according to the annual predictions from GlobalData, a leading intelligence and productivity platform. Ben Carey-Evans, Senior Insurance Analyst, GlobalData, comments: “Insurers that establish themselves as leaders in these themes will see improved […]

Severe flooding across southern Thailand in recent weeks has resulted in widespread destruction, with economic losses estimated at over THB500 billion ($14 billion), as per the Ministry of Finance. Recurrent natural disaster events have kept catastrophe risk firmly in focus and are expected to support sustained property premium growth in the country over the next […]

The general insurance industry in South Africa is projected to grow at a compound annual growth rate (CAGR) of 7.4%, increasing from ZAR207.7 billion ($10.8 billion) in 2026 to ZAR276.1 billion ($13.2 billion) in 2030, in terms of gross written premiums (GWP), according to GlobalData, a leading data and analytics company. According to GlobalData’s Global […]

The motor insurance industry in Singapore is projected to grow at a compound annual growth rate (CAGR) of 5.7%, increasing from SGD1.4 billion ($1.1 billion) in 2026 to SGD1.7 billion ($1.3 billion) by 2030, in terms of gross written premium (GWP), according to GlobalData, a leading data and analytics company. GlobalData’s Insurance Database estimates that […]

The personal accident and health (PA&H) insurance industry in Australia is projected to grow at a compound annual growth rate (CAGR) of 4.6% from AUD35.7 billion ($23.5 billion) in 2026 to AUD42.8 billion ($27.7 billion) by 2030, in terms of direct written premium (DWP), according to GlobalData, a leading data and analytics company. According to […]

Over half of UK consumers express a desire for greater female representation in insurance company boardrooms, highlighting growing consumer awareness of gender representation in senior leadership roles within the insurance sector, according to a survey by GlobalData, a leading data and analytics company. GlobalData’s 2024 UK Insurance Consumer Survey* reveals that 50.7% of consumers would […]

The life insurance market in Singapore is projected to grow from SGD64.6 billion ($48.9 billion) in 2026 to SGD83.9 billion ($63.5 billion) in 2030, registering a compound annual growth rate (CAGR) of 6.8% in terms of gross written premiums (GWP), according to GlobalData, a leading data and analytics company. GlobalData’s Global Insurance Database reveals that […]

The Dutch general insurance industry is projected to grow at a compound annual growth rate (CAGR) of 5.8% between 2026 and 2030, increasing from EUR83.7 billion ($91.4 billion) in 2026 to EUR105.0 billion ($114.5 billion) in 2030, in terms of gross written premiums (GWP), according to GlobalData, a leading data and analytics company. According to […]

On November 9, 2025, super-typhoon Fung-Wong struck the Philippines, affecting millions of people and causing significant devastation. Additionally, it caused flash flooding, storm surges, landslides, and gale-force winds. These natural disasters have far-reaching impacts on the insurance industry, significantly impacting property and casualty insurers and reinsurers in the Philippines. However, successive typhoons and flood events […]

Cyberattacks are evolving and employing more sophisticated techniques, making even the largest businesses increasingly vulnerable. However, a substantial proportion of UK businesses remain unprotected against cyberattacks despite the rising frequency of these unforeseen events, as per a survey conducted by GlobalData, a leading data and analytics company. According to GlobalData’s 2025 UK SME Insurance Survey*, […]

The Asia-Pacific (APAC) life insurance industry is projected to grow at a compound annual growth rate (CAGR) of 7.3%, from an estimated $1.2 trillion in 2025 to $1.6 trillion in 2029, in terms of written premiums, according to GlobalData, a leading data and analytics company. GlobalData’s 2025 Global Life Insurance Market Report reveals that the […]

The life insurance market in China is projected to grow from CNY4.9 trillion ($679.5 billion) in 2026 to CNY6.6 trillion ($927.5 billion) in 2030, registering a compound annual growth rate (CAGR) of 7.9% in terms of direct written premiums (DWP), according to GlobalData, a leading data and analytics company. GlobalData’s Global Insurance Database indicates that […]