General insurance industry to grow In Australia

GlobalData’s report, Australia General Insurance: Key Trends and Opportunities to 2025, reveals that the general insurance industry in the country is expected to reach US$67 billion in 2025 – a surprising feat considering the tumultuous year that Australia (and indeed, the rest of the world) has seen.

But Deblina Mitra, Insurance Analyst at GlobalData, notes that this positive outlook is thanks in part to the country’s effective management of the outbreak.