Life insurance
Japanese life insurers’ premium income doubles to $159b in November
Japanese life insurers’ premium income doubles to $159b in November
Total assets also doubled to $2.6t.
India's life insurance APE dips 0.9% in January 2025
It was influenced by policy changes in sum assured and commissions.
Sun Life's Q4 net income drops 75% amidst impairment charge
It was partially offset by favourable interest rate impacts.
How did Singapore’s life insurers fare in 2024?
The industry's growth was influenced by higher demand for annual premium products.
HDFC Life, Policybazaar launch new term insurance
It offers a 100% claim assurance.
60% of Singaporeans overlook sustainability in finance
Only a fifth of respondents are aware of investment products linked to sustainability.
Taiwan insurers' earnings leap to $10.3b in December
The life insurance segment made up 92.4% of the total profits.
South Korea’s life insurance market to bag $158b through 2029
The industry is projected to recover in 2024 after a decline in 2023.
FWD Philippines boosts presence in Cebu
It now has 17 business hubs nationwide.
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.
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