Life insurance
Indian life insurance market expands 12% YoY in May
The overall medium-term outlook remains positive.
Indian life insurance market expands 12% YoY in May
The overall medium-term outlook remains positive.
Japan's life insurers see profit rise amidst lower claims
The industry is projected to deliver better core profits in FY2024.
Mitsui Sumitomo Insurance boasts strong capital base: AM Best
Thanks to its resilient capital base and strategic equity disposal plans.
Life insurance reaches new high in Hong Kong
This marked a 57% year-on-year in annualised new premiums.
Singlife cuts costs by $4m yearly with AWS integration
At least 70% of its staff earned at least one AWS certification.
How private equity will mould the region’s life insurance market
Asia saw $25b in private equity-backed reinsurance transactions in 2023.
Cathay Life gets to keep crown as leading insurer in Hong Kong: Moody’s
Cathay Life is forecasted to stay profitable in the next 12-18 months.
Asahi Life’s core profit soars fivefold in FY23
This was equivalent to $190m.
Fukoku Life posts record core profit in FY23
Despite a slight dip in premiums, its core profit accumulated $640m.
MetLife relies on Australian arm through 2026
S&P Global says MetLife Insurance would keep a stable outlook.
HK insurers’ Q1 premiums mounts $22b in premiums
On a year-on-year basis, it climbed 12.2%.
Taiwan insurers rebound to $4.76b in profits for April
It was a far cry from the $270m loss in 2023.
Sumitomo Life lags in attractiveness amongst peers
The insurer expects a 15% YoY increase in consolidated insurance premiums.
Savings products to drive global premiyums to $4t by 2034
Swiss Re Insitute says this is all thanks to escalating interest rates.
Philippines insurance sector witnesses surge in premiums
Both its life and non-life sectors climbed 12.0% and 6.98%, respectively.
Chinese insurers to benefit from bancassurance rule-lift
The removal of the rule is seen to increase premium growth.
India's life insurance market to grow 10% annually
The industry is projected to reach $216.1b by 2028.
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Indonesia enters era of digital insurance distribution
![Indonesia enters era of digital insurance distribution]()
Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
