Life insurance
AIA’s medical plan introduces first-in-market rewards system
The plan integrates Signature Healthcare Circle, concierge services, and personalised health programmes.
3 hours ago
AIA’s medical plan introduces first-in-market rewards system
The plan integrates Signature Healthcare Circle, concierge services, and personalised health programmes.
3 hours ago
InLife’s retirement plan guarantees monthly payout
The plan also includes a life insurance component.
4 hours ago
Cambodia’s life insurance policies doubled in September
The industry saw $25m in gross premiums for the month.
1 day ago
7 in 10 Gen Zs doubt health in old age
Prudential emphasised the role of financial planning to manage future healthcare costs.
1 day ago
Global insurance market to hit $28.5t by 2032
Technology advancements may be lucrative for market players.
1 day ago
Allianz General Malaysia Q3 revenue rises, motor segment expands
Total assets grew 7.8% YTD to $6.15b.
2 days ago
Singapore’s life insurance slated for $43b premiums in 2029
Due to the ageing population, health awareness, and consumer spending.
2 days ago
Only 14% of rich people prioritise life insurance despite awareness
41% of SEA saw potential family disputes from lack of a plan as top concern.
5 days ago
Global life risk protection grows at 2.7% annually
Demand for protection products shows less sensitivity to interest rate changes.
6 days ago
114 million Indonesians insured in H1 2024, up 28.4%
Bancassurance generated the highest premium income at $2.33b.
6 days ago
Life insurance premiums forecast to grow by 3% yearly until 2026
Global life insurance premiums are expected to rise to $4.8t by 2035.
Asia leads in embedded insurance, set to reach $170b by 2030
70% of global losses between 2016 and 2023 from natural disasters are uninsured.
Taiwan reports growth in foreign-currency insurance end-August
Traditional insurance products accounted for 84% of the total.
Taiwan life insurers see mixed Q3 2024 results
The FSC approved 240 spillover-effect insurance products from 15 life insurers.
Japan’s life insurance slated for 4.7% CAGR through 2029
The industry is forecasted to expand by 6.8% in 2024.
India's life insurance growth slows to 10.6% in October
The industry is expected to grow by 1% to 13% over the next three to five years.
Japanese life insurers' premium income doubles to ¥16t YoY
Assets of Japanese insurers also doubled to $2.56t.
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1. Manulife enters into $5.4b reinsurance agreement with Reinsurance Group of America 2. Singapore’s life insurance slated for $43b premiums in 2029 3. APAC emerges as leader in renewables insurance 4. MAS updates rules on life insurance product launches 5. Rising healthcare costs drive growth in Indian insurance: McKinseyResource Center
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Humans need to be in insurance’s genAI loop
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Insurance
Employees still need to interpret AI-generated data and make decisions to minimise risks.
Employees still need to interpret AI-generated data and make decisions to minimise risks.
