Life insurance
Vietnam's life insurance goals may miss 2025 targets
Vietnam's life insurance goals may miss 2025 targets
The government had set goals for 15% of the population to hold life insurance.
1 day ago
SBI Life Insurance 9M 2024 profit catapults 48% YoY
Annualised premium equivalent also jumped by 11% YoY.
1 day ago
HSBC Life records 19.5% share in industry premiums for 9M 2024
The CEO attributed the growth to its HNW business.
1 day ago
Singapore's life insurers eye growth in 2025
The push for innovative healthcare solutions amid slow medical inflation is a challenge.
2 days ago
Hong Kong insurance premiums surge 12.2% in 9M 2024
The period already shows signs of a rebound from the 1.1% fall in 2023.
4 days ago
India's life insurance annual premium equivalent drops 2.3% in December
This was in contrast to the 13.6% YoY increase in December the previous year.
4 days ago
Australia’s life insurers top global data readiness
Worldwide, data readiness was the primary obstacle to maximising AI.
4 days ago
Capital adequacy ratio of S. Korean insurers increased end-September ‘24
When transitional measures were excluded, the ratio stood at 202.7%.
5 days ago
Cambodia’s November gross premiums jump 11% YoY
However, number of policies for the general insurance market fell.
6 days ago
India’s life insurance sector bound for 6.9% annual growth: Swiss Re
Total premium volumes predicted to increase by an average of 7.3%.
6 days ago
Manulife’s new single-premium policy offers annual yield of 4%
The policy is available for a minimum premium of $3,650.
India’s insurance penetration slumps to 3.7% in FY 23-24
Insurance density in India rose slightly, from $92 in FY 22-23 to $95 in FY 23-24.
Dai-ichi Life financial leverage to remain below 23%
The planned bonds are expected to have a call option after 10 years.
Kotak Life launches AI-powered HR assistant
Its chief human resources said it aims to modernise HR services.
Japan’s major life insurers snatch 46% YoY profit surge
Similarly, core business profits also increased by 16.2% YoY.
South Korean insurers bag $80b in premiums for H1 2024
Net income of all insurers for H1 2024 amounted to $6.49b.
HSBC Life Singapore names new chief agency development officer
He previously served as CEO of Infinitum Financial Advisory.