China's insurance industry has outlined three major priorities for high-quality development during the 15th Five-Year Plan period (2026-2030) to support economic and social development, deepen reform and opening-up, and strengthen risk prevention, according to a research report released at the Annual Conference of Financial Street Forum 2026 in Beijing.
Helvetia has announced the promotion of Ms Tan Siew Choo to the role of CEO Asia, effective 1 January 2027 and subject to regulatory approval. She will continue to lead the engineering and property solutions Asia team after the transition.
Generali's Board of Directors has approved the evolution of the Group's organisational setup, as proposed by the Group CEO, Mr Philippe Donnet, to underpin the final phase of the 'Lifetime Partner 27: Driving Excellence' strategic plan and looking ahead to the next 2028 to 2030 strategic cycle.
Ageas Federal Life Insurance in India has promoted Mr Puneet Suri to the dual-capacity role of National Head and Chief Administrative Officer (CAO).
Shinhan Financial Group has signed a stock purchase contract to acquire a 77.04% stake in Lotte Non-Life Insurance from JKL Partners for KRW693.3bn ($515m), marking a major move to expand its non-banking portfolio and elevate its standing in South Korea's non-life insurance sector.
Four pension companies in Shanghai are participating in a pilot programme for commercial pension business. The four are China Life Pension, PICC Pension, Taiping Pension and Guomin Pension.
Income Insurance has announced that Mr Khoo Kah Siang will be taking over as its new CEO, effective 23 January 2027 and subject to regulatory approval.
Ageing New Zealanders are finding it difficult to make the two ends meet as the surging cost of living hits them hard, according to a new survey.
The ageing global population is fundamentally reshaping the financial services industry while placing significant strain on public pension and insurance models. As populations transition toward retirement, financial institutions are pivoting from simple wealth accumulation to complex decumulation, longevity risk management, and intergenerational wealth transfer services. Meanwhile, governments are paring back or will eventually have to reduce the financial support for the elderly population as the fiscal burden becomes too much to bear.
Sukoon Insurance, a leading insurer in the UAE, and the trade body, Dubai Chambers, have signed a Memorandum of Understanding (MoU) to give members of the Dubai Chamber of Commerce access to customised insurance, investment, and employee benefit solutions.