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The Life Insurance Association recommends critical illness coverage 3.9 times the annual income.

The investment will result in a 5% dilution of the firm's equity.

The investment will accelerate continued growth and its plans to consolidate its position in the United States. 

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

ZYIC has reported net profits consistently over the past five years.

This is due to banks and insurers trying to appease activist shareholders, QRC said.

It should complement AIA's operations and expansion strategy in China.

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.

LISS will help banks, asset managers, and corporates access trade credit insurance coverage.

Those aged between six months to 85 years can avail of the programme.

The sector also has three key areas of main focus and concern.

The insurer will grant a maximum of $2,052 for hospitalisations.

The Green2Green Single Risk solution provides insurance to green transactions.

Gross premiums during that period fell 7.1%.