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Personal Accident and Health Insurance Industry Outlook in Asia Pacific in 2022

Published: 21 September 2022 Code: GDRC0921

GlobalData’s ‘Personal Accident and Health Insurance Market in Asia-Pacific’ report provides a comprehensive overview of the Asia-Pacific PA&H Insurance sector.

  • This report provides the market size of the Personal Accident and Health Insurance sector in the Asia-Pacific region. Asia-Pacific was a fast-growing region during the review period. It is expected to record a predicted growth at a CAGR of 12.9% over the forecast period of 2021-2025.
  • China was the market leader accounting for 69.6% of the region’s PA&H insurance premiums in 2021. At 88.9%, India recorded the highest loss ratio in the region in 2021. The report provides details on the market size of PA&H insurance premiums for the 20 largest markets in the Asia-Pacific region along with their profitability ratios.
  • COVID-19 pandemic had a significant effect on the PA&H market of the APAC region, driving growth in certain countries such as China while slowing expansion of the market in others such as Australia. The report provides insight into key trends, technology developments, and further areas of development in the PA&H insurance sector.
  • The report provides a comparative analysis of leading insurers in the region.
  • The report throws light on the regulatory requirements in the region including licensing rules, capital requirements, taxation regime, and ownership quotas.
  • The report also highlights recent regulatory developments in the APAC PA&H insurance industry.

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