Life insurance
Taiwan life insurers stable for now as Fitch sees capital strength
The appreciation of the NT$ is also driving up currency hedging costs.
BOC Life maintains solid capital as profitability stays steady
The insurer remains majority-owned by BOC Hong Kong.
Australians average two hospital insurance claims a year
21% rated hospital cover as their most essential form of insurance.
Taiwan’s life insurers post $2.22b in foreign policy sales
Investment-linked insurance products generated $311m.
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.
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