Life insurance
Why 6 in 10 Gen Zs don’t feel financially secure
Why 6 in 10 Gen Zs don’t feel financially secure
But emergency savings has gained traction amongst the generation.
Sun Life Malaysia reels in Teck Seng as new CEO, Lew retires
Teck Seng brings over 30 years of experience in the insurance industry.
Fubon Financial earnings backed by strong life and bank units
Fubon Life is Taiwan’s second-largest life insurer by premiums.
Ping An Life and P&C seen maintaining stable capital, profits
A planned $2.79b capital injection from Ping An will further support its capital base.
Sun Life Philippines names new President
He has more than two decades of experience.
Fitch expects Hanwha Life to sustain earnings strength
This was supported by a strong contractual service margin.
South Korean life insurers see sharper capital dip in Q1 2025
As of end-March 2025, the average K-ICS ratio stood at 197.9%.
India life insurance ownership hits record 78% in latest IPQ survey
Three in four urban respondents now prioritise coverage over cost.
China life premiums rise 1% as non-life sector grows 5% in 2025
Life insurers are moving towards participating products with lower guaranteed returns.
Shin Kong Life to boost earnings with Taishin Life merger by 2025
The insurer’s risk-based capital ratio rose to 221% in 2024.
Hanwha Life to maintain strong capital and stable earnings
Earnings outlook is stable, backed by $6.6b in accumulated CSM.
LIC fast-tracks claim payouts for Air India Flight 171 victims
The insurer has introduced concessions to ease the claims process.
IRDAI directs insurers to expedite Air India Flight 171 claims
Settlement is to be made directly to nominees listed in policies.
Chubb Life opens Hong Kong wealth hub for high-net-worth clients
Chinese visitors alone spent $8b on life, critical illness, and medical policies in 2024.
South Korean insurers Q1 2025 net income contracts 15.8% YoY
Both its life and general insurance sectors recorded declines.
Japanese life insurers pursue overseas deals as domestic growth slows
Insurers are expected to keep issuing hybrid capital to preserve credit quality.
Singlife offers funeral coverage of up to $9,000 via app
Funeral expenses in the Philippines often exceed $3,600.
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