Insurance
Thai life premiums to hit $22.8b in 2025
Thai life premiums to hit $22.8b in 2025
Whole life plans drive the sector, accounting for 72% of premiums in 2020.
HSBC Life names new global head of customer proposition
HSBC Life has appointed Ying Teoh as global head of customer proposition effective 12 April.
Munich Re Syndicate launches Labuan retakaful window
Labuan FSA has approved the window facility to write sharia-compliant risks.
Retained earnings, foundation funds buoy Nippon Life's capital
But its capital position is vulnerable to a slump in the Japan stock market.
Philippine senator seeks to include HMOs in insurance code
He also wants the Insurance Commission to be placed under the central bank.
Fraught capital markets put Chinese life insurers on edge
Credit exposure has become more vulnerable to rising defaults.
Philippine non-life insurers must apply new catastrophe rates by April 2022
The cession of facility rates will be based on a maximum limit per risk.
Good underwriting, investments boost Taiwan's Shinkong Insurance in 2020
Its capital and surplus have grown 43% over the past five years.
Indian general insurers wary of growth outlook
The sector is still plagued by negative consumer sentiment, and there are concerns for the 2022 financial year.
Indian regulator issues rules on insurance ads
Insurers are required to file a copy of an ad within seven days of release.
Tokio Marine subsidiary acquires New York life insurer for $180m
The transaction is expected to close in Q3.
Generali eyeing AXA's Malaysian assets
It could make Generali the second biggest P&C insurer in the country.
Singapore health ministry forms health insurance body
It will address issues related to the country's health insurance sector.
Malaysia's life insurance will expand to a $15.68b industry by 2025
Demand will be supported by the recent government measures announced.
Paperless life insurance policies in Taiwan in two years: report
Life insurance policies in Taiwan will eventually become paperless, the country’s Central News Agency has reported.
Indian non-life GWPs jump 5.2% in FY2021
General insurers' premiums grew to $22.6b.
Aviva Singlife names new group chief investment officer
Aviva Singlife has appointed Kim Rosenkilde as group chief investment officer effective 8 April.
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