Life insurance
India eyes FDI cap overhaul for insurers
FDI cap for general or life insurance companies is at 74%.
Australians to gain more life insurance advice options
Over a quarter of Australians thought about getting advice, but have not acted upon it.
India’s pushes for reintroduction of tax exemptions
Tax benefits currently exist for health and life insurance premiums, albeit capped and complex.
Insurers in Taiwan to issue bonds for capital adequacy
Regulatory risk-based capital ratios remained well above the 200% minimum.
Japanese life insurers' premium income hits $18b
Overall operating expenses pencilled in was $4b.
Kyobo Life, SBI Group form digital finance alliance
Both parties are looking into distributing security token offerings.
Japan insurance giants to maintain improved financial performance in FY 2024
Thanks to higher domestic interest rates, diversified investments, and ongoing reforms.
Taiwan's insurance sector posts $5.5b pre-tax profit in May
Its general insurance market surged nearly five times more than last year.
Taiwan's life sector sees 7% growth in foreign-currency sales
Investment-linked insurance products accounted for 15% of the total.
Bangladesh life insurer eyes IPO
The firm intends to allocate Tk8.40 crore for government treasury bonds.
Tokio Marine opens new financial advisory arm in Singapore
The life insurer aims to offer a more integrated financial service experience.
Chubb Life to focus on steady profit in Asia
This is supported by stable business growth and risk control in Hong Kong market.
Japan’s life insurers face moderate credit risk
Thanks to their notable allocation to fixed-income investments.
Taikang Life to maintain strong market position, profitability
As of end-March, its comprehensive and core solvency ratios improved to 276% and 165%.
Australian insurance sector combats inflation with premium hikes
Its life insurance premiums are seen to grow ~3% in 2024 and 2025 modestly.
Cathay Life's capitalisation robust ahead of 2026 standards
The insurer holds a 21.3% market share of premiums in 2023,
CALI pushes for financial advice accessibility amidst rising costs
Only 8% of Australians consider taking financial advice for insurance.
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Insurers need cultural overhaul in digital push
![Insurers need cultural overhaul in digital push]()
Digitalisation seeks to simplify processes, not complicate things.
Digitalisation seeks to simplify processes, not complicate things.
