insurance
IRDAI sets rural coverage mandates for insurers
Coverage providers must offer a minimum level of protection in villages.
IRDAI sets rural coverage mandates for insurers
Coverage providers must offer a minimum level of protection in villages.
Indonesia's life insurance to reach $12.1b GWP by 2028
Endowment insurance is forecasted to decline by 7.0% in 2024.
BMS appoints new Auckland director
Richmond previously with Marsh in various global roles.
FWD Insurance launches affordable microinsurance for Malaysians
Qaseh Bakti Plus offers three plans for individuals aged 18 to 55.
Allianz, GIFT, doctorShare boost remote healthcare in Indonesia
The initiative provided floating hospitals to remote islands in the country.
Global trade risks prompt exporters to consider insurance
45% of Chinese exporters are expecting their turnover to grow this year.
Insurance loyalty rises despite market challenges – Bain & Co.
Consumers increasingly value insurers excelling in ethics, legacy protection, and anxiety reduction.
Finance, banking sectors show the most interest in pension plans
About 142 IPPs and ISPs were established over the last five years.
India's life insurance APE grows 22% YoY in April
New business premiums surged by 61.2%.
Australian summers bring higher disease risk
High temperatures could impact agricultural production and health.
Persistent issues with late payments in Vietnam call for reform
A proposal to introduce separate criminal sanctions to address this issue has been raised.
Singlife introduces first market insurance for dementia care
Dementia is the 5th leading cause of disability in the country.
Manulife expands in Macau with new YOHO Group lease
It is a multi-year lease for a 64,000 sq ft space.
SG’s life insurers see 32.2% leap in new business premiums in Q1’24
This is equivalent to S$1.4b.
OCBC's bid for Great Eastern Life to boost sector valuations
OCBC has been a shareholder in Great Eastern Life since 1958.
Generali China deal tops Q1’24 APAC transactions
Generali agreed to buy a 51% stake in Generali China Insurance.
South Korea's capital adequacy rises to 232.2%
This was an increase of 8.1 percentage points from three months prior.
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Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
