The property insurance industry in the Asia-Pacific (APAC) region is poised for remarkable growth over the next five years, with market premiums expected to surge from $93.1 billion in 2023 to $152.2 billion by 2028. This phenomenal increase, representing a compound annual growth rate (CAGR) of
July 24, 2024In an effort to mitigate the palpable economic challenges within the property insurance market, North Dakota lawmakers have made a notable move by allocating $1.5 million to the state’s Insurance Department. This study, highlighting the intricate intersection of severe weather events, global e
July 8, 2024The home insurance market is at the cusp of a significant transformation as we march toward the year 2030. A multitude of factors ranging from increased risk awareness to technological advancements in risk assessment are indicating a sharp uptick in this sector's growth potential. The
June 27, 2024As we stand on the edge of a new decade, one burgeoning market segment that holds promising potential for growth is Child Education Insurance. This specialized insurance market is rapidly expanding, with projections indicating a sustained uptrend through 2030. Driving this momentum is an increasing
June 7, 2024The global Usage-Based Insurance (UBI) market is undergoing a significant transformation, propelled by advancements in technology and shifting consumer preferences. As we look toward the future, it's clear that technology will not only continue to drive the UBI market but is also expected to
June 6, 2024The Small Business Health Insurance sector is currently undergoing significant shifts, spurred by recent events on a global scale. Essential to the economy, small businesses confront distinct difficulties in delivering health benefits to their workforce. This analysis delves into the evolving
April 4, 2024