Life insurance
Dai-ichi Life financial leverage to remain below 23%
Dai-ichi Life financial leverage to remain below 23%
The planned bonds are expected to have a call option after 10 years.
Kotak Life launches AI-powered HR assistant
Its chief human resources said it aims to modernise HR services.
Japan’s major life insurers snatch 46% YoY profit surge
Similarly, core business profits also increased by 16.2% YoY.
South Korean insurers bag $80b in premiums for H1 2024
Net income of all insurers for H1 2024 amounted to $6.49b.
HSBC Life Singapore names new chief agency development officer
He previously served as CEO of Infinitum Financial Advisory.
Taiwan insurance sector profits hit $11b in November
Thanks to the life industry’s $10.12b profit contribution.
OCBC Hong Kong sells 33% stake in Hong Kong Life
Yue Xiu Enterprises (Holdings) bought the stake from the bank.
Top 50 list shows recovery in Hong Kong’s insurance premiums
Only four segments in the top 10, all life insurers, posted growth in 2023.
Taiwan life insurance set for 5% to 10% growth in 2025
The TII also estimates a renewal premium growth rate of approximately 5%.
Taiwan life insurers record $35b in H1 premiums
First-year premium (FYP) income rose 7.24% YoY to $11.62b.
India's life insurance sector grows 20% YoY in November
The sector's two-year compound annual growth rate (CAGR) stood at 1.8%.
Sun Life creates new role, appoints Deng to lead Asia operations
He will join the Asia executive team and report directly to Manjit Singh.
Japan’s insurance sector sees stability amidst premium boom
Premium income has increased over the past two years.
Japan slated for 1.74% CAGR through 2028
The market also benefits from the integration of IT and analytic solutions.
Oil and gas drive Malaysia’s non-life insurance demand
Malaysia’s insurance sector operates under a developed regulatory framework.
Nippon Life eyes $8.2b Resolution Life buyout
If finalised, the deal would be the largest overseas acquisition by a Japanese insurer.
Insurance regulation in Sri Lanka 'developing with limited transparency': Fitch Ratings
The country has one of the lowest insurance penetration rates in Asia.
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