Life insurance
Universal life insurance market to reach $132.3b by 2033
Universal life insurance market to reach $132.3b by 2033
Countries like China, India, and Japan are leading in APAC.
3 days ago
IndiaFirst Life signs bancassurance deal with DNS Bank
This is DNS Bank’s third major tie-up in the life insurance segment.
4 days ago
Tata AIA funds beat benchmarks with strong five-year returns
Tata AIA’s assets under management rose 20.81% year-on-year.
4 days ago
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.
China life premiums projected to rise from $679.5b in 2026 to $927.5b in 2030
This represents a CAGR of 7.9% in direct written premiums.
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.
People in Asia strengthen retirement planning as financial awareness grows
Three-quarters said financial well-being affects their physical and mental health.
What type of insurance coverage do Indians prefer now?
Women are increasingly choosing Critical Illness (CI) riders.
Manulife and Mahindra form life insurer joint venture in India
Each company has committed up to $400m.
Why Japan’s insurers brace for heavy payouts in projected quake scenarios
Nankai Trough earthquake has a 60% to 90% probability of occurring.
Bajaj Life and Inka Insurance launch Inkapreneur for Indian founders
This aims to help entrepreneurs gain quicker and fairer access to life insurance.
HSBC Life sustains strong growth with stable outlook
S&P also expects it to continue to operate as a core subsidiary of HSBC’s APAC banking arm.
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1. Tata AIA funds beat benchmarks with strong five-year returns 2. IndiaFirst Life signs bancassurance deal with DNS Bank 3. Why 9 in 10 APAC insurers hold stable outlooks 4. Cost and low awareness limit health and life insurance uptake 5. Universal life insurance market to reach $132.3b by 2033Resource Center
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AI isn’t replacing insurance, it’s finally making it work