Life insurance
PNB MetLife launches pension multicap fund with Policybazaar
PNB MetLife launches pension multicap fund with Policybazaar
It will be open for subscription from 1 to 15 April at a NAV of ₹10.
AXA Philippines partners with Grab, MOVE IT on gig insurance
The gig workers are eligible for up to ₱1m of insurance coverage.
Singlife Financial Advisers CEO to stick to growth roadmap
The market is ever changing, and SFA would adjust its strategy and pivot when needed.
Taiwan insurers’ pre-tax profit rises 3.1% YoY in February 2025
Life insurance enterprises accounted for $1.64b of the total.
Malaysian Re report calls for healthcare finance reform
The healthcare expenditure in Malaysia accounts for only about 4% of the GDP.
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.
Commentary
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