Life insurance
Cambodian insurers grow Q1 gross premiums 6% to $102.3m
Cambodian insurers grow Q1 gross premiums 6% to $102.3m
The industry’s financial income expanded 7% YoY to $11.9m.
South Korean insurers post $159m overseas profit in 2024
Asian operations posted a YoY decline in net income of $16.3m.
Singapore premiums rise sharply as health costs bite harder
Despite the rise in insurance costs, overall price pressures remain contained.
Japan’s top four insurers grow profit 60% in fiscal 2024
However, these insurers expect earnings for fiscal 2025 to ease slightly.
Taiwan life insurers double premium income on spillover-effect plans
As of Q1 2025, the FSC has approved or registered 251 such products.
South Korean insurers bag $10b in profits for 2024
The increase was mainly driven by higher investment income across life and non-life.
Allianz Malaysia Berhad posts 14.3% rise in insurance revenue for Q1 2025
This is equivalent to reaching $367.2m during the period.
Hanwha Life Insurance outlook revised on stronger profitability
This reflects improved product mix, strong distribution via its subsidiary.
How did the Philippines’ insurance market perform in Q1 2025?
The commission expects this momentum to continue through the year.
Malaysia urges youth to apply for i-MULA subsidy before funds run out
Out of the $1.15m, $598,000 has already been disbursed.
Taiwan insurers post $30.7b in Q1 pre-tax profit for 2025
Both life and non-life insurance markets recorded YoY contractions.
Sun Life debuts IUL product in HK to target wealthy investors
The new product links its indexed account value to the performance of a chosen index.
Vietnam life insurance grows 4.3% YoY in new contracts
General insurance products maintained their lead as the primary business line.
India's life insurers report 8.4% rise in premiums for April 2025
Growth in individual non-single premium policies declined by 13.6% YoY.
Integrated Shield Plans coverage expands to 2.98m Singaporean residents in Q1 2025
This marks an increase of 44,000 more residents.
Singlife launches investment-linked plan with flexible premium options
Premium payments can be made via a lump-sum or over three, five, or 10 years.
Singapore life insurance industry sees 10.9% growth in Q1 2025 premiums
The growth was led by the double-digit increase in annual premium policies.
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