Sunday, May 28, 2017

Life

Q&A: Daisy Ning

Q&A: Daisy Ning

We speak to the head of life and health products for Asia at Swiss Re about the changing role of actuaries in Asia.

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Top Japanese life firms post steep premium income fall

Top Japanese life firms post steep premium income fall

The negative interest rate policy of Japan’s central bank has weighed on investment income.

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Doubts on HDFC Life, Max Life merger unresolved

Doubts on HDFC Life, Max Life merger unresolved

The proposed merger has not received any opinion from the country’s attorney general.

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Tokio Marine to pare down stake in Malaysia business

Tokio Marine to pare down stake in Malaysia business

The move is part of Bank Negara Malaysia’s ruling for foreign insurers to cut their stake to 70% in local life insurers.

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Korean insurers’ profit climbs on dividend income

Korean insurers’ profit climbs on dividend income

The country’s insurers’ posted a 24.4% on-year combined net profit rise in the first three months of the year.

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Malaysian liberalisation could raise penetration rate to 75%

Malaysian liberalisation could raise penetration rate to 75%

The insurance and takaful penetration rate in the country has ranged between 54% and 56% over the last five years.

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China to check sales activities of life insurers

China to check sales activities of life insurers

The Chinese regulator said it would beef up oversight as part of its crackdown on irregularities in the industry.

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U Mobile, Sun Life ink insurance deal

U Mobile, Sun Life ink insurance deal

The partnership represents the first time any Malaysian telco has offered life insurance to its customers.

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Foresea Life keeps afloat amid Beijing crackdown

Foresea Life keeps afloat amid Beijing crackdown

Company states normal operations and stable cash flow.

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China cracks down on universal life policies

China cracks down on universal life policies

The move is expected to hurt many Chinese insurers that have relied on the practice to fund investments.

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Dai-ichi Life posts sixth straight record profit year

Dai-ichi Life posts sixth straight record profit year

Japan’s third-largest life insurer by revenue posted a net profit increase of 29.6% in the latest fiscal year.

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Singapore’s life insurance coverage up by 10%

Singapore’s life insurance coverage up by 10%

The encouraging first-quarter performance reflects the Lion City’s efforts to narrow the protection gap.

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Korea approves Mirae’s acquisition of PCA Life

Korea approves Mirae’s acquisition of PCA Life

After the acquisition Mirae will become the country’s fifth-largest life insurer based on asset size.

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Premiums in China up by a third

Premiums in China up by a third

However, the pace of growth was lower than the 42% recorded for the same period in 2016.

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Two new life insurers enter Cambodia

Two new life insurers enter Cambodia

Bangkok Life Assurance launched operations this week, while AIA is set to debut today.

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Philippine life market growing at rapid pace

Philippine life market growing at rapid pace

The sector is expected to register one of the fastest growth rates among emerging markets over the next nine years.

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AIG completes sale of Fuji Life to FWD

AIG completes sale of Fuji Life to FWD

The Japanese insurer will become a wholly owned subsidiary of FWD and will continue to operate under its current name.

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Startup Singapore Life raises US$50m in funding

Startup Singapore Life raises US$50m in funding

The Series A funding round is led by Hong Kong-listed Credit China FinTech and UK-based investment firm IPGL.

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Paul Davis, Allianz Global Corporate & Specialty

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