Life insurance

Their financial performance is diverse but has decayed amidst the prolonged low interest rates.

Vital offers whole-life protection and potential long-term wealth growth.

Tiki customers will have access to life and health plans through the platform.

These upgrades ensure that the framework remains effective amidst shifting market conditions.

Catalysts include favourable demographic factors and economic recovery expected over H2 2021. 

Taiwan’s Shin Kong Life is planning to divest its remaining 25% stake in Beijing-based Dingcheng Life, gaining $66.2m (CNY428m) in the process, according to media reports.

Private insurers grew 8% in individual business, whilst group business saw a 20% growth.

However, most domestic life insurers maintain robust risk-adjusted capitalisation.

China Post Life is a subsidiary of China's postal service operator.

Renewal premiums jumped 10% in 2020 to 2021, but COVID-19 hit new business premium income.

Zurich life will launch two plans and two digital platforms.

The deals will turn Generali into Malaysia's second biggest P&C player.

It is expected to maintain good capital buffers to support business expansion.

Life insurers saw better profits in 2020, whilst non-lifers saw improved loss ratio.

The decline was observed in group insurance.

The training market is adjusting through rehashing their portfolios.