Life insurance

Why does LIA warn against treating health insurance as savings?

Instead, it provides financial protection against unforeseen medical events.
5 days ago

Wealth and retirement products lift Singapore insurers’ premiums

The Top 50 Insurance 2024 rankings show recovery from the 2023 downturn.
5 days ago

Thai Life Insurance’s product shift lifts premiums but squeezes profitability

The insurer has shifted towards endowment and whole life products.

India life insurers post 23% premium growth in November

CareEdge said growth has stabilised following regulatory-driven fluctuations last year.

CTF Life enables AlipayHK premium payments on mobile app

Of the 4.5 million Alipay HK users, one million are wealth management users.

Universal life insurance market to reach $132.3b by 2033

Countries like China, India, and Japan are leading in APAC.

IndiaFirst Life signs bancassurance deal with DNS Bank

This is DNS Bank’s third major tie-up in the life insurance segment. 

Tata AIA funds beat benchmarks with strong five-year returns

Tata AIA’s assets under management rose 20.81% year-on-year.

Australia’s life insurance market set to hit $19.8b by 2029

Medical inflation remains one of the biggest drivers of rising claims costs.

Taboos, low confidence stall legacy planning across Asia

Two-thirds of Asians fear their wealth will not outlast their children’s generation.

Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors

RHB said the product is designed for customers aged 40 to 70.

What will drive the APAC life insurance market to bag $2t in five years?

India and China are major drivers of the sector’s growth.

How stable is Hong Kong’s insurance market?

Hong Kong saw $13.1b (HK$100.5b) in general insurance gross premiums for 2024. 

Malaysia sees stable non-life growth amidst premium rise

Gross direct premiums reached $5.43b in 2024, up 7% from the previous year.

Insurers invest up to 8% in AI but few indicate measurable financial impact

Global premiums are also forecast to grow 2.3% in real terms in 2026 and 2027.