Shaping the Future of Insurance

Deloitte presented its 2026 Insurance Outlook  at the Insurtech Insights Asia 2025 event in Hong Kong, for which it served as the Knowledge Partner. During the event, Deloitte hosted a VIP luncheon for C-suite and senior executives from leading insurers and key players in the insurtech ecosystem, facilitating insightful discussions on the evolving insurance landscape and the transformative trends and innovations set to reshape the industry in the region over the next decade.

According to Deloitte's Outlook, heading into 2026, insurers face considerable uncertainty marked by economic volatility, geopolitical tensions, and escalating catastrophic risks. As a result, premium growth is expected to slow across property and casualty (P&C), life and annuity (L&A), and group insurance segments worldwide. To counter this trend, insurers should act proactively to refine their business models, prioritize modernization, and engage with stakeholders to position themselves more competitively in the market.

Arthur Calipo, Deloitte Asia Pacific Insurance Leader, says, “Despite global headwinds, the Asia-Pacific region remains the engine of global insurance growth. Life insurance premiums are projected to grow by 5.3% annually until 2035, fuelled by strong demand in China, India, and Southeast Asia. The region’s rising middle class, evolving customer demands, and widening protection gaps present unparalleled business opportunities. To thrive in this diverse market landscape, insurers must embrace demographic shifts, digital agility and resilience, and forge strategic partnerships to future‑proof their businesses.”