Life insurance
Cambodia’s December gross premiums increase by 9.4% YoY
Cambodia’s December gross premiums increase by 9.4% YoY
This was larger than the previous month’s $25.6m.
HDFC Life, SATYA MicroCapital to boost life insurance in rural areas
The venture aids SATYA MicroCapital’s mission to help women entrepreneurs.
South Korea's insurance industry to hit $191.2b by 2029
This year, the industry is expected to grow by 2.2%.
India life insurance premiums rise 6.1% in FY 2023-24
Insurers also issued 291.77 lakh new policies under individual businesses.
Tokio Marine Singapore, T. Rowe Price partner on investment-linked plans
Clients will have access to two funds.
Vietnam's life insurance goals may miss 2025 targets
The government had set goals for 15% of the population to hold life insurance.
SBI Life Insurance 9M 2024 profit catapults 48% YoY
Annualised premium equivalent also jumped by 11% YoY.
HSBC Life records 19.5% share in industry premiums for 9M 2024
The CEO attributed the growth to its HNW business.
Singapore's life insurers eye growth in 2025
The push for innovative healthcare solutions amidst medical inflation is a challenge.
Hong Kong insurance premiums surge 12.2% in 9M 2024
The period already shows signs of a rebound from the 1.1% fall in 2023.
India's life insurance annual premium equivalent drops 2.3% in December
This was in contrast to the 13.6% YoY increase in December the previous year.
Australia’s life insurers top global data readiness
Worldwide, data readiness was the primary obstacle to maximising AI.
Capital adequacy ratio of S. Korean insurers increased end-September ‘24
When transitional measures were excluded, the ratio stood at 202.7%.
Cambodia’s November gross premiums jump 11% YoY
However, number of policies for the general insurance market fell.
India’s life insurance sector bound for 6.9% annual growth: Swiss Re
Total premium volumes predicted to increase by an average of 7.3%.
Manulife’s new single-premium policy offers annual yield of 4%
The policy is available for a minimum premium of $3,650.
India’s insurance penetration slumps to 3.7% in FY 23-24
Insurance density in India rose slightly, from $92 in FY 22-23 to $95 in FY 23-24.
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