insurance

Manulife Singapore upgrades income-generating product

About 9 in 10 S’poreans said they want to earn without working.

Manulife Singapore upgrades income-generating product

About 9 in 10 S’poreans said they want to earn without working.

Moody's says FTLife to maintain profitability

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

Indonesia's vehicle sales drop risks finco asset quality

Fitch expects finco sector receivables to grow at a high-single-digit rate in 2024.

Insurers adapt to EV demands with specialised risk products

EV insurance is estimated to surge $687.62b by 2029.

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.

Overseas ventures of South Korean insurers post mixed results in FY’23

Insurers have operated 41 overseas businesses in 11 countries as of yearend.

New Zealand supports comprehensive reform of insurance legislation

The ICNZ also pledges to collaborate with the government and regulators.

Prosper Health joins AXA to strengthen healthcare in China

AXA customers gain access to medical facilities across 296 cities in China.

Sun Life unveils new ESG-focused critical illness plan

The plan covers 188 illnesses and 38 complex surgeries.

HKIA welcomes World Bank’s second Cat bond, worth $150m

It will offer coverage against storm risks in Jamaica.

Triple P Capital acquires 85% stake in MAAGAP

The investing group aims to boost its presence in the Philippines.

Philippines' microinsurance premiums jump to $240m in 2023

The year saw 56.62 million Filipinos covered under microinsurance policies.

Hang Seng upgrades annuity plan

Only 22% of professionals felt confident about their retirement funds. 

Chubb, Maryland to discuss $350m compensation deal: Report

Analysts anticipate total insurer payouts could reach $4b.

Microinsurance sees $41.4b market potential

71.5% of APAC received insurance for property or loss-of-income.

Insurance incentives sweeten EV deal for consumers

Tax incentives and the introduction of charging stations are boosting the EV market.

How are Insurance-Linked Investments profitable?

Schroders says ILS is primarily driven by natural events rather than corporate factors.