Life insurance
Sumitomo Life reports $5b premium income in Q1 2025
Sumitomo Life reports $5b premium income in Q1 2025
New business annualised premiums rose 18.4%.
Singlife partners CapBridge to offer life and health insurance
This enables CapBridge’s financial advisers to provide Singlife policies.
Bangladesh insurance market to reach $16b in 2025
Per capita spending on insurance is projected at $88.22.
SBI Life Insurance launches flexible term cover with three plan options
Death benefit payouts can be structured as a lump sum.
India life insurers post 22.4% rise in July new business premiums
The market is expected to grow 10% to 12% annually over the next 3-5 years.
Singapore life insurers’ H1 2025 weighted new business premiums rise 7.7%
This was driven by Investment-linked policies.
Nippon Life Insurance lifts Q1 2025 premiums 6.7% with subsidiary gains
Core profit rose 16.5% to $1.42b.
Australians regret delaying life insurance after major milestones
Only 10% recommended waiting until their 50s or later.
Group life insurance market to hit $216.48b by 2029 forecast
Asia-Pacific is forecast to be the fastest-growing region.
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.
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