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Sector Analysis
Hong Kong General Insurance Market Size and Trends by Line of Business, Distribution, Competitive Landscape and Forecast to 2028
Hong Kong General Insurance Market Report Overview The gross written premium of the Hong Kong general insurance market was HKD63.5 billion ($8.1 million) in 2022 and is expected to achieve a CAGR of more than 6% during 2024-2028. The Hong Kong 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...
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Company Insights
Innovation and Patenting activity of American International Group Inc (AIG) Q1 2024
GlobalData, the industry analysis specialist, has released its latest company patent databook "Innovation and Patenting activity of American International Group Inc (AIG) Q1 2024". 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...
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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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Sector Analysis
Singapore General Insurance Market Size and Trends by Line of Business, Distribution, Competitive Landscape and Forecast to 2027
Singapore General Insurance Market Report Overview The gross written premium of the Singapore general insurance market was SGD5.5 billion ($4 billion) in 2023 and is expected to achieve a CAGR of more than 5% during 2024-2028. The Singapore 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...
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Sector Analysis
United Kingdom (UK) Commercial Property Insurance Market Trends, Competitor Dynamics and Opportunities
The gross written premium (GWP) in the UK commercial property insurance market was valued at GBP12.2 billion in 2022. The commercial property insurance market in the UK is predicted to expand gradually at a CAGR of more than 4% from 2022 to 27. It is projected that factors such as rising repair costs and hardening market rates will fuel premium increases in the coming years. UK Commercial Property Insurance Market Outlook 2022-2027 (GBP Billion) Buy The Full Report for More...
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Analyst Opinions
Advanced Biometrics – Emerging Trends and Technologies in Authentication
Advanced Biometrics Trend Analysis Report Overview Biometrics is the practice of using unique physical or behavioral traits for identification and authentication purposes. Its usage has been increasing day by day. Fingerprint recognition, voice recognition, facial recognition, palm recognition, iris recognition, and behavioral biometrics are some of its key modalities. For instance, iris recognition is often used in high-security applications such as border control and access to secure facilities. The "Advanced Biometrics - Emerging Trends and Technologies in Authentication" report offers...
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Company Insights
AIG – Digital Transformation Strategies
AIG Digital Transformation Strategies Report Overview American International Group (AIG) has been focusing on leveraging emerging technologies as a part of its digital transformation strategies. The annual ICT spending of AIG was estimated at $2.5 billion in 2022. A major share of this spending is earmarked for acquiring software, hardware, and ICT services from vendors. AIG is a multi-line insurance group that provides life insurance, property and casualty insurance, retirement products, and other financial services to individuals and businesses. Total...
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Product Insights
United Kingdom (UK) Protection Insurance – Term Assurance Market
United Kingdom (UK) Protection Insurance – Term Assurance Market Report Overview The term assurance market was valued at GBP542.7 million in 2022 and is expected to record a compound annual growth rate (CAGR) of more than 1% during 2022-2027. The number of contracts will also increase over the same period. However, a decline in contracts is also expected for mortgage-related terms in 2023. This will be due to high interest rates and the cost-of-living crisis, which have deterred individuals from...
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Product Insights
United Kingdom (UK) Protection Insurance – Critical Illness Market
United Kingdom (UK) Protection Insurance – Critical Illness Market Report Overview The number of contracts in the UK’s individual protection market declined by 5% in 2022 primarily due to inflation and the cost-of-living crisis that has caused financial constraints for many consumers, making it difficult to afford insurance. The number of contracts in the standalone critical illness market declined by over 4% to 70,600 in 2022. The contracts for critical illness as a rider are much larger than standalone critical...