Private health insurance is the top choice of 86% of mainland Chinese seniors who were polled in a survey on the needs of ageing consumers in Asia.
Four of the five largest "A"-share listed insurance companies in China have issued profit estimates for the first nine months of this year, with year-on-year increases of at least 60%.
China's five largest listed insurance companies in the 'A'-share market posted a combined total premium income of CNY2.38tn ($334.2m) in the first three quarters of this year, rising by 5.79% compared to the corresponding period of 2023.
On EAIC Insurance Day, which falls every year on 18 October, the general secretary of the East Asian Insurance Congress (EAIC) , Mr Masayuki Tanaka has sounded the need to raise awareness of bio-diversity loss in Asia.
Taiwan life insurers will continue to strengthen their capital position in response to the implementation of Taiwan-localised Insurance Capital Standard (TW-ICS) and IFRS 17 in 2026, by refining their business mix, optimising investment strategies, and issuing capital-qualifying bonds, alongside the regulator's various transition measures, says Fitch Ratings.
Among a sample of high-income retirees polled in Singapore, 15% have been caught off guard by higher-than-expected costs, despite only 4% failing to plan for their retirement expenses, a new survey by Sun Life Asia reveals.
Private-sector life insurers are preparing to adjust commission structures for distribution channels, following regulations that came into effect on 1 October requiring insurers to offer higher surrender values for endowment policies.
The recent floods in the GCC region were an eye-opener for all stakeholders to act to deal with weather-related perils and their impact on the societies and economies of the region, said speakers at the 19th Gulf Insurance Forum in Dubai earlier this week.
Life insurers are ready to leverage generative AI to innovate their policyholders' experience and optimise operations according to new research by Capgemini.
Chow Tai Fook Life Insurance Co (CTF Life) recently celebrated its upcoming 40th anniversary with the launch of its MyWealth Savings Insurance Plan 2, which empowers customers with faster and higher projected returns, greater autonomy and greater flexibility in inheritance planning.