Life insurance
Singlife warns of gap in care costs with ageing population
Singlife warns of gap in care costs with ageing population
Long-term care costs have risen to an average of nearly S$3,000 per month.
Canara HSBC launches SecureInvest with high life cover
Policyholders also benefit from Loyalty Additions starting from year 10.
Great Eastern unveils plans to aid multigenerational needs in Singapore
It also covers parents for late-stage critical illnesses like dementia and Parkinson’s.
Annuity insurance market to grow 4% annually, reaching $1.5t by 2032
But high cost of annuities and other constraints hinder market growth to some extent.
Kotak Life launches term plan for emerging affluent Indians
The new offering expands Kotak Life’s range of term insurance products.
Hong Kong general insurance market to hit $10.9b by 2029
Personal accident and health insurance is expected to remain the largest segment.
Hongkongers link insurance to better ageing health outcomes
43% expect to spend more on medication.
PNB MetLife combines insurance with value-based equity investing
It will be open for subscription from 15 to 28 July, 2025.
Sun Life survey notes dip in insurance ownership claims
Only 8% of Singaporeans are planning more than 10 years ahead.
Term life insurance sector slated for 8.7% CAGR through 2032
Regionally, Asia-Pacific is projected to see the strongest growth by 2032.
Bharti AXA introduces insurance plan for middle-income India
It provides life insurance protection worth up to 30 times the annual premium.
India’s life insurance premiums fall 3.1% in June 2025
The decline was mainly due to lower credit life sales.
Taiwan life insurers gain 36% in investment-linked products
Traditional insurance product sales reached $3.59b.
HSBC Life unveils indexed universal life policy with gold tracking
Families in APAC are expected to transfer about $5.8t in wealth by 2030.
Sun Life upgrades savings insurance with wealth transfer tools
It also introduces a rare multiple Contingent and Interim Policy Owner Arrangement.
Thailand’s insurance sector posts $29.1t in total premiums for 2024
Its life insurance sector bagged $20.2t.
Resolution Life seals first Hong Kong reinsurance deal worth $1b
The deal covers a portfolio of in-force participating whole life and annuity policies.
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
