insurance

Why nearly half of S’poreans feel hopeless reaching financial freedom

The average consumer owns 3 types of insurance, but only 57% have life coverage.

Allianz Malaysia’s Q2 2024 earnings show modest growth

The H1 2024 performance of its general segment was offset by its life business.

FWD Life Vietnam’s H1 2024 profit soars 70% YoY

Year-to-date, it reported a loss of $232.5m.

Mega Insurance seen to shift reinsurance strategy amidst domestic concerns

Its investment portfolio has been 90% cash equivalents and fixed-income securities.

China Pacific Insurance poised for stable outlook in the next two years

CPPIC is expected to remain a core subsidiary of CPIC Group.

Premium income of Chinese insurers in H1 2024 climbs 4.9% YoY

Claim and benefit payments amounted to $172.20b.

Pet insurance market slated for 8.1% CAGR by 2032

Several insurance companies now offer multi-pet insurance policies.

Ping An bags $12b net profit in H1 2024

An interim dividend of $0.13 per share in cash was declared.

Nippon Life’s Q1 2024 net income skyrockets to $770m

Total new policies saw $4.1m during the period.

Australian CEOs identify longevity insurance barriers

The meeting brought together 21 life insurers in the country.

Australia’s insurance Industry expands in January to March

Both the life and general insurance segment witnessed surges in profit.