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Product Insights
NewUnited Kingdom (UK) Professional Indemnity Insurance Market Dynamics, Trends, Opportunities and Future Market, 2024 Update
UK Professional Indemnity Insurance Market Report Overview The UK professional indemnity insurance (PII) market was worth GBP3.3 billion in 2023. With improved profitability, capacity is returning to the market, both in the form of new entrants and existing insurers which have ambitious growth targets. Premium rates are therefore now stable or declining and market growth is forecast to be much slower by 2028. However, market conditions remain very profession-specific and are affected by the size and profile of risk. Professional...
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Company Insights
Innovation and Patenting activity of Tokio Marine Holdings Inc Q4 2023
GlobalData, the industry analysis specialist, has released its latest company patent databook "Innovation and Patenting activity of Tokio Marine Holdings Inc Q4 2023". The databook highlights patenting activity of the company in terms of growth in filings and grants, regions protected, impact of various themes, sector applicability of technologies protected. It provides contextual analysis of technical peers, their strategy, dominance (Grant share) and their recent activities. This is an on-demand databook that will be delivered upon request. The report will...
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Thematic Analysis
NewAutonomous Vehicles in Insurance – Thematic Intelligence
The primary challenges to the insurance industry relating to autonomous vehicles are largely technological and regulatory. More specifically, insurers need to understand the impact of in-car technology on collisions to accurately quantify the risk of a vehicle. They also need to understand the cost of this technology and how it is likely to change over time so that they can manage these costs. To fully understand the potential of autonomous vehicles on road safety (and ultimately insurance premiums), insurers are...
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Thematic Analysis
NewPersonalization in Insurance – Thematic Intelligence
Personalization in Insurance Thematic Report Overview Insurance companies are recognizing the value of personalized policies to attract and retain customers. Insurers can personalize policies based on policyholder behaviors, preferences, and risk profiles, with unprecedented accuracy by leveraging AI and machine learning algorithms. Personalized policies not only provide customers with coverage that meets their specific requirements but also demonstrate an understanding of their unique circumstances, fostering trust and loyalty. The ‘Personalization in Insurance’ thematic intelligence report gives you an in-depth insight...
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Thematic Analysis
Net Zero Strategies in Financial Services – Thematic Intelligence
Net Zero Strategies in Financial Services Thematic Overview Financial services are facing new challenges in achieving net zero by 2050. Companies achieve net zero emissions by cutting greenhouse gas (GHG) emissions to as close to zero as possible, with any remaining emissions then “offset”. The main contributors to these emissions are office heating, company-owned vehicles, and purchased electricity and steam. Efforts to reduce Scope 1 and 2 emissions include carrying out green renovations on corporate offices and data centers, purchasing renewable...
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Sector Analysis
Myanmar Insurance Industry – Key Trends and Opportunities to 2028
Myanmar Insurance Market Overview The gross written premium of the Myanmar insurance market was MMK1.1 trillion ($506.7 million) in 2023. The market is expected to achieve a CAGR of more than 13% during 2024-2028. The Myanmar insurance market research report provides in-depth market analysis, information, and insights into the Myanmar insurance industry. It provides values for key performance indicators such as gross written premium, penetration, premium accepted and ceded, profitability ratios, and premium by line of business, during the review...
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Sector Analysis
Japan General Insurance Market Size and Trends by Line of Business, Distribution, Competitive Landscape and Forecast to 2028
Japan General Insurance Market Report Overview The gross written premium of Japan general insurance market was JPY11.9 trillion ($89.8 billion) in 2023 and will achieve a CAGR of more than 3% during 2024-2028. The Japan general insurance market research report provides in-depth market analysis, including insights into the lines of business in the country’s general insurance industry. Furthermore, the report provides a detailed outlook by product category as well as values for key performance indicators, including gross written premium, penetration,...
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Analyst Opinions
Immersive Enterprise – Sector Impact of Alternative Reality Technologies
Immersive Enterprise – Sector Impact of Alternative Reality Technologies Report Overview The immersive platform landscape is being shaped by a host of convergent trends, such as advanced hardware, 5G roll-out, cloud computing, miniaturization, and collaborative features among others. This report serves as an invaluable resource for gaining insights into how the adoption of immersive platforms not only enhances user experiences but also cultivates customer-centric strategies. In addition, the report highlights advantages, such as fostering greater engagement, accelerating training and learning,...
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Sector Analysis
Taiwan General Insurance Market Size and Trends by Line of Business, Distribution, Competitive Landscape and Forecast to 2027
Taiwan General Insurance Market Report Overview The gross written premium (GWP) of the Taiwan general insurance market was TWD233.7 billion ($7.4 billion) in 2022. The market is expected to achieve a CAGR of more than 6% during 2023-2027. The Taiwan General Insurance market research report provides an in-depth analysis of various product categories in the Taiwanese GI market. The report gives an overview of the country’s economic outlook and the general insurance regulatory and compliance framework. Taiwan General Insurance Market...