Life insurance
Cambodian insurers’ premiums climb 5.3% growth in September
Cambodian insurers’ premiums climb 5.3% growth in September
The number of policies in the general insurance market dwindled by 19.1%.
Taiwan life insurers shift focus to protection products
The accident and health insurance market grew 16% YoY in 9M 2024.
Singlife’s new whole life plan offers additional cover of up to 400%
The plan also includes a Retrenchment Benefit.
SG life sector’s weighted new business premiums surge 24% YoY in 9M 2024
Q3 2024’s weighted new business premiums grew by 18.2% YoY.
Malaysia’s life insurance market to hit $17.2b by 2028
Endowment insurance is projected to represent 77.3% of total DWP.
Canara HSBC Life launches India manufacturing fund for ULIPs
The portfolio focuses on Automobiles, Capital Goods, Defence, Healthcare, and Metals.
HSBC Life to keep using tech to stay on top in Hong Kong
The life insurer wants to offer solutions beyond traditional products, its CEO says.
India’s life insurance sector bags 12% CAGR in past five years
The life insurance penetration rate is at 3.8%.
Why ageing Asians prefer critical illness coverage
Japan and India have the largest share of life insurance ownership.
Indian life sector’s new business premiums expected to rise in FY 2025
The industry could maintain a growth rate of 13% in the next 3-5 years.
India’s LIC cuts first-year commission to 20%
This adjustment brings the total first-year commission down from 35% to 28%.
New CTF Life plan enhances inheritance, wealth control
It offers the option to adjust their policy components for improved projected returns.
Sumitomo Life's capital remains solid despite solvency ratio decline
Sumitomo Life’s core profit margin increased to 12%.
New HSBC plan multiplies coverage up to six times
The plan also offers enhanced critical illness coverage.
Taiwan insurers post $9.47b pre-tax profit in August
Its non-life insurance segment witnessed a twofold increase.
Malaysia warns of downside risks for insurers from market volatility
Overall profitability of ITO funds increased in the first half of 2024.
China Life Insurance stays robust amidst national credit concerns
NBV increased by 18.6% year-on-year in the first half of 2024.
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