insurance
Manulife, WEF seek start-ups for health and wealth solutions
The ageing population is expected to double by 2050, imposing significant challenges.
FWD’s new wealth plan targets rising living costs for HK retirees
It guarantees an 8-year maturity return of up to 4.0% per annum.
FWD Philippines targets gamer insurance gaps
The country’s gaming community increased by 14.3% from 2020 to 2023.
Accuro pulled out from AM Best’s roster
UniMed, the receiver of the portfolio, is now the third-largest health insurer.
PwC outlines 10 imperatives for Japanese insurers
BOJ's rate shift could challenge Japanese insurers.
Noto Earthquake claims reach $578.2m in May
Of the total claims collected, 68.7% were paid.
Indian life insurance market expands 12% YoY in May
The overall medium-term outlook remains positive.
AllianzGI gets new CIO for fixed income
Michael Krautzberger will succeed Franck Dixmier.
Gig worker platform offers paid leaves, underwritten by Etiqa
80% of the surveyed wanted traditional benefits.
Zurich pays over $1.53b in life insurance claims in 2023
Lifetime cost estimates for spinal cord injury ranged between $6.8m and $12.9m.
China's insurance premiums increase by 5.1% YoY
Year-to-date, the industry’s assets climbed 10.4%.
Geneva Association elects CEO of AIA as chairman
Three new board members represent Tokio Marine, BNP Paribas, and Achmea.
Korean insurers dominate overseas investment in real estate
Investments mounted to KRW $42.1b.
China’s pension system reels 60 million new individuals
Presently, 762 products are offered in the new pension system.
Mitsui Sumitomo Insurance boasts strong capital base: AM Best
Thanks to its resilient capital base and strategic equity disposal plans.
bolttech maintains a low investment risk profile: Fitch Ratings
Its local solvency ratio was 509% at the end of 2023.