Alyssa Divina
India's Star Health raises $164m in pre-IPO funding
India's Star Health raises $164m in pre-IPO funding
Singapore's GIC led the funding, investing $182m (INR6b).
Singapore life insurers to lower caps on policy illustrations
The upper illustration rate will be capped at 4.25% p.a. and the lower rate at 3% p.a.
Mixed core profit reveals Japan top life insurers' disjointed investments
Only Dai-ichi Life posted higher core profit.
Chinese insurers pouring $36.6b into elderly care sector
Ten insurers have invested in 47 community care projects.
Regulators approve Taishin acquisition of Prudential Life Taiwan
Taishin will retain all Prudential employees and increase required capital.
Indonesia's IFG Life seeks more funds amidst Jiwasraya takeover
Extra funds will come from fundraising or new capital injections.
Commentary
AI isn’t replacing insurance, it’s finally making it work