Life insurance

South Korean insurers bag $10b in profits for 2024

The increase was mainly driven by higher investment income across life and non-life.

Allianz Malaysia Berhad posts 14.3% rise in insurance revenue for Q1 2025

This is equivalent to reaching $367.2m during the period.

Hanwha Life Insurance outlook revised on stronger profitability

This reflects improved product mix, strong distribution via its subsidiary.

How did the Philippines’ insurance market perform in Q1 2025?

The commission expects this momentum to continue through the year.

Malaysia urges youth to apply for i-MULA subsidy before funds run out

Out of the $1.15m, $598,000 has already been disbursed.

Taiwan insurers post $30.7b in Q1 pre-tax profit for 2025

Both life and non-life insurance markets recorded YoY contractions.

Sun Life debuts IUL product in HK to target wealthy investors

The new product links its indexed account value to the performance of a chosen index.

Vietnam life insurance grows 4.3% YoY in new contracts

General insurance products maintained their lead as the primary business line.

India's life insurers report 8.4% rise in premiums for April 2025

Growth in individual non-single premium policies declined by 13.6% YoY.

Singlife launches investment-linked plan with flexible premium options

Premium payments can be made via a lump-sum or over three, five, or 10 years.

Singapore life insurance industry sees 10.9% growth in Q1 2025 premiums

The growth was led by the double-digit increase in annual premium policies.

60% of Australians feel financially secure, but 23% still underinsured

23% of life insurance holders said they did not believe their cover was sufficient.

FWD Singapore, IPP eye Gen Zers amidst wealth influx

Assets are being passed down through families from one generation to the next.

Mainland visitor volumes plateau as Hong Kong life insurance steadies

Tourism volume tempers optimism for a large rebound in cross-border life insurance.