Industry Segments: Life Page 7 / 53
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- August 25 2021
HKIA report identifies US$880bn mortality protection gap
The findings translate to HK$1.9m per working adult -- around 5.7 times the average annual income.
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- August 19 2021
Indonesia’s life market to recover as consumer confidence rises
GlobalData report predicts GWP in the segment to hit US$13.6bn by 2024.
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- August 19 2021
APRA increases transparency around life and general insurance data
The regulator will now include class of business and product group data in its quarterly publications.
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- August 18 2021
Manulife Hong Kong and Macau H1 profits jump 16%
The life insurer's earnings hit US$420m for the first six months of the year on the back of strong results in its pension business.
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- August 17 2021
AIA sees robust first half performance across Asia
New business grew in all regional markets except Hong Kong as Covid-19 travel restrictions continue to bite.
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- August 16 2021
Ping An P&C to maintain lead despite competition: Moody’s
The general insurer had a combined ratio of 99.1% in 2020 surpassing most of its domestic peers.
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- August 16 2021
HSBC Insurance purchases Axa Singapore for US$575m
The deal would make HSBC the Lion City's seventh largest life insurer.
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- August 13 2021
Singapore life insurers see 61% new business growth in H1 2021
The first half of the year saw a significant growth in the number of policies purchased online.
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- August 12 2021
Aviva to increase stake in India JV: report
The London-headquartered insurer will increase its stake from 49% to 74% when new FDI regulations permit.
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- August 12 2021
Prudential CEO: H1 2021 results ‘resilient’ despite Jackson write-down
After-tax profit from continuing operations was US$1.07bn up from US$622m the previous year.
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- August 10 2021
Allianz H1 2021 APAC profit up 37% to US$402m
Uptick partly driven by insurer's L&H business where operating profit jumped 46% to €279m.
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- August 10 2021
Dai-ichi Life’s Westpac deal highlights APAC ambitions
The deal consolidates the Japan firm's position as the market leader down under.
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- August 9 2021
Carlyle exits stake in India’s SBI Life: report
The US private equity firm had originally invested in the Mumbai-headquartered life insurer in March 2019.
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- August 5 2021
Taiwan’s non-life premiums rose 6.2% to US$6.8bn in 2020
The P&C sector saw pre-tax profits grow 54.4% to NT$12.2bn in H1 2021.
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- August 4 2021
Westpac to sell its life unit to Dai-ichi in US$1bn deal: report
Bloomberg report says official deal announcement could come by the end of August.
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- August 4 2021
RGA sees APAC Q2 loss as Covid claims bite in India
The US-based reinsurer, however, described its experience in the region beyond the pandemic as "favourable".
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- August 4 2021
Sun Life appoints trio to strengthen Asia digital team
Cassandra White, Darren Pigg, Aneesh Chaudhry all take on senior leadership roles.
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- August 4 2021
Generali’s Asia life GWP performs strongly in first half
The Italian giant's P&C GWP declined, however, down 3.5% in H1 2021 to €121m.
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- August 3 2021
APRA stress tests show (re)insurers’ resilience amid Covid-19
The regulator says there is room to improve stress testing capabilities across the insurance industry.
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- August 2 2021
Taiwan’s insurers see H1 profits grow 148.5% to US$9.71bn
FSC data shows P&C profits grew 54.4% in the first half of 2021.
