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Sale of insurance by third-party digital platforms to increase e-commerce share in South Korea, says GlobalData

March 20, 2021 Insurance No Comments

The Financial Services Commission (FSC) of South Korea plans to allow third-party digital platforms to sell non-life and micro-insurance as part of the country’s financial ‘sandbox’ program. … Continue Reading

Staycations on the rise as Aussies holiday closer to home

March 17, 2021 Insurance No Comments

New sales data from Travel Insurance Direct shows more families and grey nomads are heading on domestic holidays while younger travellers await the re-opening of international borders.

… Continue Reading

General insurance industry in Taiwan to reach US$8.3bn in 2024, says GlobalData

March 13, 2021 Insurance No Comments

The general insurance industry in Taiwan is projected to grow from TWD188.6bn (US$6.1bn) in 2019 to TWD232.7bn (US$8.3bn) in 2024, in terms of gross written premium (GWP), according to GlobalData, a leading data and analytics company. … Continue Reading

Most Evtol Aircraft Will Struggle To Secure Affordable Insurance

March 11, 2021 Insurance No Comments

Most eVTOL aircraft seeking to become commercially operational will fail to secure insurance at an affordable price as they will be unable to meet the requirements of insurers, which includes providing them enough data for their underwriters to assess the risks. … Continue Reading

Sydney Ranked in the Top 10 Most Popular Cities for Vacation Rentals

February 26, 2021 Insurance No Comments

2020 brought change to the world of travel, as many countries closed their borders to visitors, flights were reduced, and lockdown restrictions were implemented across the world. … Continue Reading

Insurers partner with paytechs to widen distribution in India, finds GlobalData

February 20, 2021 Insurance No Comments

Amid the COVID-19 pandemic induced push towards digitization, there are opportunities for insurance companies to identify new distribution channels. … Continue Reading

General insurance industry in Indonesia to reach US$5.17bn in 2025, forecasts GlobalData

February 20, 2021 Insurance No Comments

The general insurance market in Indonesia, in terms of gross written premium, is projected to grow from IDR63.87 trillion (US$4.50bn) in 2020 to IDR77.53 trillion (US$5.17bn) in 2025, according to GlobalData, a leading data and analytics company. … Continue Reading

General insurance industry in Australia to reach US$67bn in 2025, forecasts GlobalData

February 16, 2021 Insurance No Comments

The general insurance industry in Australia is projected to grow from AUD76.3bn (US$51.8bn) in 2020 to AUD98.0bn (US$66.9bn) in 2025, in terms of gross written premiums (GWP), according to GlobalData, a leading data and analytics company. … Continue Reading

FDI limit hike to accelerate insurance growth in India, says GlobalData

February 13, 2021 Insurance No Comments

The proposed increase in foreign direct investment (FDI) limit in the insurance sector in India from 49% to 74% is expected to accelerate growth, according to GlobalData, a leading data and analytics company. … Continue Reading

Part I – In A Galaxy Far Far Away

February 10, 2021 Insurance No Comments

AARDY.com is one of the leading travel insurance market places in the US. Founded by serial entrepreneur Jonathan Breeze, a former Royal Air Force pilot. … Continue Reading

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