Life insurance

APAC life segment records highest growth rate in over five years in 2021

Life insurance premiums in the region reached a record-breaking $1.3t.

APAC life segment records highest growth rate in over five years in 2021

Life insurance premiums in the region reached a record-breaking $1.3t.

Hong Kong digital life insurer Blue launches outpatient service mobile app

This follows the launch of the Blue WeMedi Outpatient protector plan.

Manulife’s cashless day surgery e-service offered at HKBH Ambulatory Medical Centre

HKBH offers a HK$500 electronic coupon to select customers of Manulife. 

Great Eastern launches first green life insurance product in Singapore

The insurer will donate S$1,000 for every S$1m raised from GREAT Green SP proceeds.

Growth continues for China's insurance market

The country came second behind the US in terms of total premium volume in 2020.

South Korean life insurers' interest payment burden rising: report

Their financial performance is diverse but has decayed amidst the prolonged low interest rates.

Sun Life HK launches new participating insurance plan

Vital offers whole-life protection and potential long-term wealth growth.

AIA Vietnam, e-commerce platform Tiki announce partnership

Tiki customers will have access to life and health plans through the platform.

Malaysian central bank pushes upgrades to insurer, takaful capital framework

These upgrades ensure that the framework remains effective amidst shifting market conditions.

India's life sector projected to hit $98.5b in GWP by 2024

Catalysts include favourable demographic factors and economic recovery expected over H2 2021. 

Taiwan's Shin Kong Life to divest stake in Dingcheng Life

Taiwan’s Shin Kong Life is planning to divest its remaining 25% stake in Beijing-based Dingcheng Life, gaining $66.2m (CNY428m) in the process, according to media reports.

Indian life insurers' new business premiums inch 7% in FY2020-21

Private insurers grew 8% in individual business, whilst group business saw a 20% growth.

Headwinds persist for Japan's life insurers as low rates stifle investment income

However, most domestic life insurers maintain robust risk-adjusted capitalisation.

AIA to buy 25% of China Post Life

China Post Life is a subsidiary of China's postal service operator.

Bharti AXA Life's total premium income inch up 4.3% in FY2021

Renewal premiums jumped 10% in 2020 to 2021, but COVID-19 hit new business premium income.

Zurich Hong Kong life subsidiary granted licence

Zurich life will launch two plans and two digital platforms.

AXA sells Malaysian insurance assets to Generali

The deals will turn Generali into Malaysia's second biggest P&C player.