India’s Health Insurance Market Poised to Triple by 2032

India’s health insurance sector is set for a major leap, with its market size projected to grow from USD 15.99 billion in 2024 to around USD 38.2 billion by 2032, backed by a compound annual growth rate (CAGR) of...


Hong Kong General Insurance Market to Hit $10.9 Billion by 2029: GlobalData

Hong Kong’s general insurance market is projected to grow at a compound annual rate of 5.1%, reaching HK$85.4 billion (US$10.9 billion) in gross written premiums (GWP) by 2029, according to GlobalData. This forecast aligns with the Insurance Authority’s (IA)...


Japan Insurance Market to Exceed $496 Billion by 2033

Japan’s insurance market is projected to grow from USD 324.77 billion in 2024 to USD 496.53 billion by 2033, marking a compound annual growth rate (CAGR) of 4.83%, according to a recent report by Astute Analytica. The report attributes...


War Risk Insurance Demand Rises Amid Indo-Pak Tensions Following Operation Sindoor

Mumbai (TOI) — Insurance providers across India have begun receiving a surge of enquiries for war risk cover following the recent military initiative, Operation Sindoor, carried out by Indian forces. Industry insiders say the sudden spike in demand is...


Mental Health Insurance Searches Surge 41% in India, Driven by Young Adults and Women

Mumbai — Mental health insurance is gaining significant traction in India, with searches rising by 41% in 2025 compared to the previous year, according to a new survey by Policybazaar. The surge is primarily driven by young adults aged...


Illegal Health Insurance Claims by Foreigners Surge Nearly 30% in South Korea

Seoul (The Korea Times) – Illegal health insurance claims filed by foreigners and overseas Koreans in South Korea saw a sharp rebound in 2024, reversing a years-long downward trend. According to data released by the National Health Insurance Service...


US Auto Insurance Faces Deceleration and Inflation: Swiss Re

The United States auto insurance market remains under pressure as inflation, litigation, and rising repair costs continue to impact both personal and commercial segments, according to a recent analysis by Nelson (Senior Underwriter, CPO P&C Reinsurance at Swiss Re)....


US Tariffs Trigger Financial Strain on China’s Insurance Sector

China’s insurance sector is under growing pressure following the United States’ imposition of steep new tariffs on Chinese exports, a move expected to intensify financial risks across key insurance lines and slow premium growth. According to GlobalData (a leading...


Saudi, IMF, and World Bank Chiefs Reaffirm Commitment to Syria’s Economic Recovery

Wasington DC – In the 2025 Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG), a high-level roundtable on Syria was co-hosted by Saudi Arabia’s Finance Minister Mohammed AlJadaan, IMF Managing Director Kristalina Georgieva,...


South Korea Accuses Chinese AI Firm DeepSeek of Unauthorized Data Transfers

South Korea’s data protection authority has accused Chinese artificial intelligence service DeepSeek of illegally transferring Korean users’ personal information to companies in China and the United States without consent. The accusation was made public on Thursday following an investigation...