by AIP Online Bureau | Nov 23, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
An analysis of GlobalData’s Global Insurance Database reveals that motor insurance was the largest general insurance line in Singapore with a GWP share of 25.8% in 2020. Electric vehicles sales grew by over 80% during September 2020–2021, supporting the demand for...
by AIP Online Bureau | Nov 16, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance
Deblina Mitra, Senior Insurance Analyst at GlobalData, comments: “Despite being the second-largest general insurance industry globally, China’s general insurance penetration at 1.3% is way below the developed markets’ average of 4%. This is mainly because the general...
