Life insurance
Asia-Pacific leads universal life market with 29.7% CAGR
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.
LIA Singapore appoints Wong as president with new 2025 goals
She succeeds Dennis Tan.
Prudential Singapore launches Wealth Suite for high net worth clients
From 2023 to 2024, the insurer saw a 16% rise in its HNW customer base.
Private insurers offset LIC premium drop amidst policy changes
The decline was driven by adjustments to the sum assured and commissions.
Chubb Life rolls out insurance covering ICU stays under critical illness
The plan offers coverage for 144 illnesses and four payment options.
Sun Life veteran named CFO for Asian operations
He has been interim CFO since September last year.
How much of Malaysians have financial legacy plans?
48% of cited conflict prevention as a key reason for legacy planning.
India’s life insurance first-year premiums fall 11.6% in February
Meanwhile, number of policies and schemes for the month dipped by 22.22% YoY.
Term insurance uptake by women in India rises to 18%
Salaried women make up nearly half of buyers.
How financially prepared are Filipino women?
Over half of women are saving for their parents' current or future elderly care.
Tata AIA’s new plan offers flexible financial security, wealth creation
It also ensures continued benefits if the policyholder passes away.
Singapore life annuity insurance market to grow by $603m by 2028
The attractiveness of fixed annuities has been a key driver.
Thought Leadership Centre
In Association with
Most Read
1. Hong Kong regulator guts insurance referral fees with 50% cap 2. Can China’s $140b motor insurance market survive a 70% loss ratio? 3. PNB MetLife launches dividend fund linked to insurance 4. Taiwan life insurers face rising risk in $32b FX mismatch 5. India set to outpace China, US in premiums by 2030Resource Center
Read Here
Advertise
Sign Up
Awards
Jul
07
Events
Event News
28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
