Life insurance
Philippine life insurance sector slated for 5.4% CAGR by 2028
The industry will likely increase by 3% this year.
Philippine life insurance sector slated for 5.4% CAGR by 2028
The industry will likely increase by 3% this year.
HSBC Life to keep using tech to stay on top in Hong Kong
The life insurer wants to offer solutions beyond traditional products, its CEO says.
India’s life insurance sector bags 12% CAGR in past five years
The life insurance penetration rate is at 3.8%.
Why ageing Asians prefer critical illness coverage
Japan and India have the largest share of life insurance ownership.
Indian life sector’s new business premiums expected to rise in FY 2025
The industry could maintain a growth rate of 13% in the next 3-5 years.
India’s LIC cuts first-year commission to 20%
This adjustment brings the total first-year commission down from 35% to 28%.
New CTF Life plan enhances inheritance, wealth control
It offers the option to adjust their policy components for improved projected returns.
Sumitomo Life's capital remains solid despite solvency ratio decline
Sumitomo Life’s core profit margin increased to 12%.
New HSBC plan multiplies coverage up to six times
The plan also offers enhanced critical illness coverage.
Taiwan insurers post $9.47b pre-tax profit in August
Its non-life insurance segment witnessed a twofold increase.
Malaysia warns of downside risks for insurers from market volatility
Overall profitability of ITO funds increased in the first half of 2024.
China Life Insurance stays robust amidst national credit concerns
NBV increased by 18.6% year-on-year in the first half of 2024.
Sun Life Hong Kong sees over two-fold APE in H1 2024
It outperformed the industry’s overall growth of 29%.
Interest grows in Asian life insurers' market dynamics
Yet, FX risks loom over Taiwanese life insurers.
China's insurers adjust risk control amidst lower returns
P&C insurers’ underwriting margins may shrink further.
Asia grapples with pension system strain as population ages
Emerging markets face a pension savings shortfall of $74t.
Extended mortality risks loom for insurers
Insurers will need reassessment of mortality portfolios.