Life insurance

Cathay Life gets to keep crown as leading insurer in Hong Kong: Moody’s

Cathay Life is forecasted to stay profitable in the next 12-18 months.

Cathay Life gets to keep crown as leading insurer in Hong Kong: Moody’s

Cathay Life is forecasted to stay profitable in the next 12-18 months.

Fukoku Life posts record core profit in FY23

Despite a slight dip in premiums, its core profit accumulated $640m.

MetLife relies on Australian arm through 2026

S&P Global says MetLife Insurance would keep a stable outlook.

HK insurers’ Q1 premiums mounts $22b in premiums

On a year-on-year basis, it climbed 12.2%.

Taiwan insurers rebound to $4.76b in profits for April

It was a far cry from the $270m loss in 2023.

Sumitomo Life lags in attractiveness amongst peers

The insurer expects a 15% YoY increase in consolidated insurance premiums.

Savings products to drive global premiyums to $4t by 2034

Swiss Re Insitute says this is all thanks to escalating interest rates.

Philippines insurance sector witnesses surge in premiums

Both its life and non-life sectors climbed 12.0% and 6.98%, respectively.

Chinese insurers to benefit from bancassurance rule-lift

The removal of the rule is seen to increase premium growth.

India's life insurance market to grow 10% annually

The industry is projected to reach $216.1b by 2028.

Improvement in underwriting bolsters Taiwan Life's outlook

Earnings may remain volatile due to the high proportion of interest-sensitive products. 

South Korea's capital adequacy rises to 232.2%

This was an increase of 8.1 percentage points from three months prior.

Moody's says FTLife to maintain profitability

The ratings agency expects strong capital reserves, surpassing regulatory minimums.

Declining yields pose risks to China's insurance sector

In late 2023, regulators eased some C-ROSS rules, prompting insurers to raise capital via perpetual bond issuance.

New Pru Life CEO commits to financial literacy in the Philippines

The CEO met with Insurance Commissioner Atty. Regalado.