Life insurance
India’s LIC cuts first-year commission to 20%
India’s LIC cuts first-year commission to 20%
This adjustment brings the total first-year commission down from 35% to 28%.
New CTF Life plan enhances inheritance, wealth control
It offers the option to adjust their policy components for improved projected returns.
Sumitomo Life's capital remains solid despite solvency ratio decline
Sumitomo Life’s core profit margin increased to 12%.
New HSBC plan multiplies coverage up to six times
The plan also offers enhanced critical illness coverage.
Taiwan insurers post $9.47b pre-tax profit in August
Its non-life insurance segment witnessed a twofold increase.
Malaysia warns of downside risks for insurers from market volatility
Overall profitability of ITO funds increased in the first half of 2024.
China Life Insurance stays robust amidst national credit concerns
NBV increased by 18.6% year-on-year in the first half of 2024.
Sun Life Hong Kong sees over two-fold APE in H1 2024
It outperformed the industry’s overall growth of 29%.
Interest grows in Asian life insurers' market dynamics
Yet, FX risks loom over Taiwanese life insurers.
China's insurers adjust risk control amidst lower returns
P&C insurers’ underwriting margins may shrink further.
Asia grapples with pension system strain as population ages
Emerging markets face a pension savings shortfall of $74t.
Extended mortality risks loom for insurers
Insurers will need reassessment of mortality portfolios.
Resolution Life welcomes new president from Swiss Re
Ojeisekhoba will oversee the commercial division of Resolution Life.
India's life insurance APE growth slows to 10.5% in August
LIC's performance in 5M FY 2025 outpaced its private sector peers
Yen products drive 13% revenue boost for Japanese insurers
Ordinary profits increased to US$22.40b.
Ping An Health sees strong return on equity continuity
It reported capital and surplus (C&S) of $1.22b in 2023.
Singlife introduces Legacy IUL for affluent market in Singapore
It’s coverage starts from $250,000 for death and terminal illness protection