Life insurance
How will New Zealand’s life insurance sector perform in 2025?
How will New Zealand’s life insurance sector perform in 2025?
GlobalData expects the market to reach $3.8b in gross written premiums.
Hong Kong boomers concerned over cross-border health insurance claims
Over a third of boomers plan to retire outside of Hong Kong and Macau.
What will drive Japan’s insurance sector to surpass $470b by 2029?
Premium increases in life and general insurance will boost the industry this year.
LIAM names AIA’s Ben Ng as new industry association president
He succeeds Raymond Lew, who served as President, Vice President for over 5 years.
Taiwan life insurers’ foreign-currency policy sales rise 11% in January
Sales of investment-linked insurance products surged by 90% YoY.
Hong Leong Assurance introduces retirement-focused policy
HLA Future Secured offers coverage of up to RM4m.
AXA Philippines partners with Grab, MOVE IT on gig insurance
The gig workers are eligible for up to ₱1m of insurance coverage.
PNB MetLife launches pension multicap fund with Policybazaar
It will be open for subscription from 1 to 15 April at a NAV of ₹10.
Singlife Financial Advisers CEO to stick to growth roadmap
The market is ever changing, and SFA would adjust its strategy and pivot when needed.
Taiwan insurers’ pre-tax profit rises 3.1% YoY in February 2025
Life insurance enterprises accounted for $1.64b of the total.
Malaysian Re report calls for healthcare finance reform
The healthcare expenditure in Malaysia accounts for only about 4% of the GDP.
Asia-Pacific leads universal life market with 29.7% CAGR
Globally, it is seen to reach $280b by 2032.
FWD launches Set for Life Plus amidst career uncertainty
More Filipinos are delaying traditional life choices such as marriage and parenthood.
Taiwan life insurers face rising health insurance losses, report warns
Although, interest surplus remains the primary driver of profitability.
CTF Life earns SBTi approval for its carbon reduction targets
It targets to reduce absolute Scope 1 and 2 GHG emissions by 37.8% by 2029.
Vietnam’s life insurance sector slated for dip this 2025
This follows consecutive contractions of 12% in 2023 and an estimated 5.7% in 2024
Pru Life UK’s NBAPE bags $167m
Total premium income rose to $819.4m.
Commentary
AI isn’t replacing insurance, it’s finally making it work