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Company Insights
China Life Insurance Company – Digital Transformation Strategies
China Life Insurance Company (China Life) has been focusing on using artificial intelligence, big data and Internet of Things (IoT) to digitally transform its operations. The annual ICT spending of China Life was estimated at $5.8 billion for 2021. A major share of this spending is earmarked for acquiring software, hardware and ICT services from vendors. China Life offers a range of life insurance products. It provides term life insurance, whole life insurance, endowment insurance, universal life insurance, group life...
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Government & Regulation
Employee Benefits in Australia 2020
Australia has one of the most developed and well-established welfare systems. In order to ensure decent living conditions for its citizens, the Australian government operates various welfare schemes. The main outgoing expenditures of the Australian government include income support payments and the payment of expenditures to families, including retirement benefits and other pensions. The Australian pension system is divided into three pillars: the first is funded through general taxation revenue with a flat rate benefit regardless of the individual’s previous...
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Sector Analysis
Guatemala Insurance Industry: Key Trends and Opportunities to 2023
GlobalData’s 'Guatemala Insurance Industry: Key Trends and Opportunities to 2023’ report provides a detailed outlook by product category for the Guatemalan insurance industry. It provides values for key performance indicators such as written premium, density, loss ratio, premium ceeded and penetration during the review period (2014–2018) and forecast period (2018–2023). The report gives a comprehensive overview of the Guatemalan economy and demographics. The report brings together GlobalData’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics...
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Sector Analysis
Poland Reinsurance: Key trends and Opportunities to 2023
GlobalData’s 'Poland Reinsurance: Key Trends and Opportunities to 2023’ report provides a detailed outlook by product category for the Polish reinsurance segment. It provides values for key performance indicators such as premium accepted, premium ceded and cession rates, during the review period (2014–2018). The report brings together GlobalData’s research, modeling and analysis expertise, giving reinsurers access to information on segment dynamics and competitive advantages, and profiles of reinsurers operating in the country. The report also includes details of insurance regulations,...
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Sector Analysis
UK Reinsurance: Key trends and Opportunities to 2023
GlobalData’s 'UK Reinsurance: Key Trends and Opportunities to 2023’ report provides in-depth market analysis, information and insights into the UK reinsurance segment. This report provides a detailed outlook by product category for theUK reinsurance segment. It provides values for key performance indicators such as premium ceded and cession rates, during the review period (2014-2018). The report brings together GlobalData’s research, modeling and analysis expertise, giving reinsurers access to information on segment dynamics and competitive advantages, and profiles of reinsurers operating...
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Sector Analysis
Belgium Reinsurance: Key trends and Opportunities to 2023
GlobalData’s 'Belgium Reinsurance: Key Trends and Opportunities to 2023’ report provides in-depth market analysis, information and insights into the Belgian reinsurance segment. This report provides a detailed outlook by product category for theBelgian reinsurance segment. It provides values for key performance indicators such as premium ceded and cession rates, during the review period (2014-2018). The report brings together GlobalData’s research, modeling and analysis expertise, giving reinsurers access to information on segment dynamics and competitive advantages, and profiles of reinsurers operating...
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Sector Analysis
Malaysia Reinsurance: Key trends and Opportunities to 2023
GlobalData’s 'Malaysia Reinsurance: Key Trends and Opportunities to 2023’ report provides in-depth market analysis, information and insights into the Malaysian reinsurance segment. This report provides a detailed outlook by product category for the Malaysian reinsurance segment. It provides values for key performance indicators such as premium accepted, premium ceded and cession rates, during the review period (2014-2018). The report brings together GlobalData’s research, modeling and analysis expertise, giving reinsurers access to information on segment dynamics and competitive advantages, and profiles...
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Sector Analysis
Iran Life Insurance Market Size, Trends by Line of Business, Distribution Channel, Competitive Landscape and Forecast, 2020-2025
Iran Life Insurance Market Report Overview The direct written premium of the Iran life insurance industry was IRR164 trillion ($3.9 billion) in 2021. The market is expected to achieve a CAGR of more than 24% during 2020-2025. The Iran life insurance industry research report provides in-depth market analysis, information, insights, and a detailed outlook by product category for the Iran life insurance segment. It also provides values for key performance indicators such as direct written premium, loss ratio, retail and...
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Sector Analysis
Iran General Insurance Market Size, Trends by Line of Business (Personal, Accident and Health, Liability, Financial Lines, Property, Motor, Marine, Aviation and Transit Insurance, and Miscellaneous), Distribution Channel, Competitive Landscape and Forecast, 2020-2025
Iran General Insurance Market Report Overview The gross written premium of the Iran general insurance industry was IRR900 trillion ($21.4 billion) in 2021. The market is expected to achieve a CAGR of more than 23% during 2020-2025. The Iran general insurance industry research report provides in-depth market analysis, information, insights, and a detailed outlook by product category for the Iran general insurance segment. It also provides values for key performance indicators such as gross written premium, loss ratio, retail and...
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Sector Analysis
Mexico Reinsurance: Key trends and Opportunities to 2023
GlobalData’s 'Mexico Reinsurance: Key Trends and Opportunities to 2023’ report provides in-depth market analysis, information and insights into the Mexican reinsurance segment. This report provides a detailed outlook by product category for the Mexican reinsurance segment. It provides values for key performance indicators such as premium accepted, premium ceded and cession rates, during the review period (2014-2018). The report brings together GlobalData’s research, modeling and analysis expertise, giving reinsurers access to information on segment dynamics and competitive advantages, and profiles...
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