Life insurance
Two-thirds worry about healthcare access despite financial readiness
Two-thirds worry about healthcare access despite financial readiness
Younger generation also demand simpler and more attractive products.
1 day ago
Sun Life Malaysia Takaful announces new CEO
He succeeds Jeffry Azmi, who has retired.
2 days ago
Sun Life reels new CHRO for Asia
She joins from RSA, where she served as Chief People Officer.
3 days ago
Canara HSBC introduces flexible payout term insurance
It offers policyholders to increase coverage at key life milestones.
3 days ago
Philippines life insurance rises whilst non-life declines in Q4 2024
Both sector’s total assets grew YoY.
3 days ago
How did the region’s insurance market rates compare with each other?
Korea, Malaysia, Singapore, and Thailand saw the largest commercial rate drops.
5 days ago
This week in Insurance: Meiji Yasuda’s $2.3b deal, Allianz eyes RAC, and regional growth gains
Taiwan, Singapore, and the Philippines recorded positive market growths.
Singapore's life insurance workforce shrinks by 2.3% in 2024
Higher demand was noted in integrated shield plans and riders coverage.
Japanese life insurers’ premium income doubles to $159b in November
Total assets also doubled to $2.6t.
India's life insurance APE dips 0.9% in January 2025
It was influenced by policy changes in sum assured and commissions.
Sun Life's Q4 net income drops 75% amidst impairment charge
It was partially offset by favourable interest rate impacts.
How did Singapore’s life insurers fare in 2024?
The industry's growth was influenced by higher demand for annual premium products.
HDFC Life, Policybazaar launch new term insurance
It offers a 100% claim assurance.
60% of Singaporeans overlook sustainability in finance
Only a fifth of respondents are aware of investment products linked to sustainability.
Taiwan insurers' earnings leap to $10.3b in December
The life insurance segment made up 92.4% of the total profits.
South Korea’s life insurance market to bag $158b through 2029
The industry is projected to recover in 2024 after a decline in 2023.
FWD Philippines boosts presence in Cebu
It now has 17 business hubs nationwide.
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Embrace AI or be left behind, an expert said at the Asian Banking & Finance and Insurance Asia Summit today.
Commentary
Ageing populations and rising mortality main concerns for life insurers and reinsurers