Life insurance
Philippine general insurers’ net income expands to $90b in H1 2024
Total assets also increased by 6.86% YoY.
Life Insurance Corporation of India’s Q1 profit up 9.6% YoY
Total premium income for Q1 2024 stood at $1.4b.
Australia’s insurance Industry expands in January to March
Both the life and general insurance segment witnessed surges in profit.
Thailand's life insurance industry slated for CAGR of 4.4% by 2028
In 2023 the sector grew by 3.7%.
Life insurance reduces mortality risks in China
Still, the protection gap stood at $73.6b in 2023.
Pru Life UK nets $85m in new premiums this quarter
It also totalled $400m in premium income for variable life insurance products.
Meiji Yasuda to keep premiums modest in FY 2024 with 1.5% YoY rise
Despite the challenges, Meiji Yasuda's credit quality remains robust.
Max Life's profit jumps 46% YoY in Q1 FY25
Embedded Value also grew by 30% YoY.
Life Insurance Corporation of India eyes ~3% growth in new business margin
It also announced plans to acquire a majority stake in standalone health insurance.
Fukoku Life's solvency ratio expected to reach 300%
Positive investment spread will continue to widen over the next 3-5 years.
Why AmMetLife CEO relies on digital to boost customer experience
The CEO coined four Cs to enhance customer experience.
Sun Life Asia's Q2 2024 net income surges 24% YoY
The group’s EPS stood at $1.11.
SG's life insurance total weighted new business premiums surge 27% YoY in H1'24
Employment in the market was stable, a slight decrease of 0.5% versus last year.
Insurance market to hit $44.8b by 2032
APAC is the fastest-growing market for insurance analytics.
Ping An ranks 53rd in the Fortune 500 list 2024
Marking their 15th consecutive year on the list.
Great Eastern Life sees mixed Q2 performance in Singapore, Malaysia
Its performance offers insights for competitors like Prudential and AIA.
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1. LIA Singapore appoints Wong as president with new 2025 goals 2. Vietnam’s life insurance sector slated for dip this 2025 3. BFSI sector leads cyber insurance adoption at 35% to 40% share 4. Malaysia’s healthcare system faces funding, cost challenges 5. This week in insurance: Singapore's insurance sector sees market growthResource Center
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