Life insurance
New Zealand life insurance registers 2%-5% average growth
New Zealand life insurance registers 2%-5% average growth
Claims accepted are at their highest level since 2020
Philippine pre-need income doubles in Q4 2024
Also, the sector’s total assets grew by 8.12%.
Australia's insurance sectors report revenue growth in Q3 2024
Both the life and general insurance market’s earnings climbed QoQ.
Pru Life UK’s Manila headquarters embraces hybrid work
The office has recreational and wellness areas to help employees recharge.
Insurers, governments must address longevity challenges together
People in developed countries tend to underestimate their lifespans.
Taiwan's life insurers see 22% rise in foreign policy premiums
Traditional insurance products accounted for 85% of the total.
What challenges Asian women's financial readiness?
Healthcare costs are a significant barrier to financial security.
HDFC Life launches new life plan
Additional features include the option to extend life coverage to a spouse.
Bupa adds voluntary health plan in Hong Kong portfolio
It offers high annual benefit limits with no lifetime cap.
Two-thirds worry about healthcare access despite financial readiness
Younger generation also demand simpler and more attractive products.
Sun Life Malaysia Takaful announces new CEO
He succeeds Jeffry Azmi, who has retired.
Sun Life reels new CHRO for Asia
She joins from RSA, where she served as Chief People Officer.
Canara HSBC introduces flexible payout term insurance
It offers policyholders to increase coverage at key life milestones.
Philippines life insurance rises whilst non-life declines in Q4 2024
Both sector’s total assets grew YoY.
How did the region’s insurance market rates compare with each other?
Korea, Malaysia, Singapore, and Thailand saw the largest commercial rate drops.
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.
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