Life insurance
Resolution Life seals reinsurance deal with Protective for $9.7b
Resolution Life seals reinsurance deal with Protective for $9.7b
The deal is expected to drive further growth in the global life and annuity markets.
Singapore moms juggle family tasks and money matters
Their finances have improved relative to when their mothers were their age.
Singlife’s new endowment plan allows add-on savings
The plan guarantees 100% capital protection at maturity.
New Zealand life insurance registers 2%-5% average growth
Claims accepted are at their highest level since 2020
Philippine pre-need income doubles in Q4 2024
Also, the sector’s total assets grew by 8.12%.
Australia's insurance sectors report revenue growth in Q3 2024
Both the life and general insurance market’s earnings climbed QoQ.
Pru Life UK’s Manila headquarters embraces hybrid work
The office has recreational and wellness areas to help employees recharge.
Insurers, governments must address longevity challenges together
People in developed countries tend to underestimate their lifespans.
Taiwan's life insurers see 22% rise in foreign policy premiums
Traditional insurance products accounted for 85% of the total.
What challenges Asian women's financial readiness?
Healthcare costs are a significant barrier to financial security.
HDFC Life launches new life plan
Additional features include the option to extend life coverage to a spouse.
Bupa adds voluntary health plan in Hong Kong portfolio
It offers high annual benefit limits with no lifetime cap.
Two-thirds worry about healthcare access despite financial readiness
Younger generation also demand simpler and more attractive products.
Sun Life Malaysia Takaful announces new CEO
He succeeds Jeffry Azmi, who has retired.
Sun Life reels new CHRO for Asia
She joins from RSA, where she served as Chief People Officer.
Canara HSBC introduces flexible payout term insurance
It offers policyholders to increase coverage at key life milestones.
Philippines life insurance rises whilst non-life declines in Q4 2024
Both sector’s total assets grew YoY.
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
