Life insurance
China covers 1.07 billion people with basic old-age insurance in 2024
China covers 1.07 billion people with basic old-age insurance in 2024
China’s population aged 60 and above reached 310.3 million last year.
Transamerica Life Bermuda launches indexed universal life in Hong Kong
It offers features including a volatility-controlled VC Uncapped Index Account.
Taiwan life insurers see 6% drop in spillover policy sales
First-year premium income from these products reached $657.2m.
FWD Life rolls out Wealth+ plan for high-net-worth clients in the Philippines
It also provides guaranteed life coverage up to age 100.
Indexed life plans rise as Singapore heirs shun family firms
They offer stability and in-depth estate planning solutions.
Cambodia insurance premiums hold steady at $28m in May 2025
Life insurance premiums grew, whilst general insurance contracted.
Taiwan life insurers see $5.15b in foreign-currency sales
Traditional products accounted 85% of the total.
Japan life insurers double premium income in fiscal year start
The industry saw individual insurance and annuity new businesses climb.
Taiwan’s insurers report $650m loss in H1 2025 earnings
In contrast, non-life insurers posted a pre-tax profit of $0.52b.
Filipinos delay insurance due to other expenses: Survey
The urgency to buy life insurance has declined since the COVID-19 pandemic.
Thailand’s life insurers post $10b in H1 2025 premiums
New business premiums rose 7.38% YoY.
FWD Hong Kong offers new IUL policy with uncapped index tie
Hong Kong ranks first in Asia in wealth per adult.
SBI Life, AU Small Finance Bank partner to expand insurance in rural India
AU SFB will offer SBI Life’s range of protection, savings, retirement, and investment policies.
BRI Life tops Indonesia life insurance market by APE in H1 2025
The insurer recorded an APE of $122.0m.
India’s life insurance market to reach $170b by 2029
It also seen to record $121b gross written premiums this year.
Indian life insurer collaborates with ministry on Bima Sakhi for women agents
Bima Sakhi agents receive the same benefits and privileges as regular LIC agents.
Investors turn to South Korea’s life insurers for growth
Parental support and operational scale remain critical factors for these insurers.
Commentary
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