Singapore’s new group life policies continue to climb, but insured lives drop sharply from 2024 peak
Group policies rose 47.3% in Q2, but the number of lives insured under new group coverage fell to historical range following 2024’s spike.
Hong Kong IA complaints rise 33% in H1 2025 but remain below pre-pandemic levels
Of the complaints received from the Insurance Authority, operational issues and conduct matters were the leading concerns.
South Korea life insurance market to grow 4.5% annually through 2030 on reforms, ageing population
GlobalData estimates direct written premiums will expand to KRW234.3 trillion (US$167bn) in 2030.
Korean Insurers’ solvency ratios strengthen in Q2
Regulators' capital easing, stronger earnings, and bond sales lifted insurers’ solvency positions in the second quarter.