Nippon Life is set to acquire 99.6% shares of the holding company of leading nursing care business Nichiigakkan for US$1.41 billion, as it seeks to diversify due to Japan's ageing demographic.
In an interview with the FT, Satoru Komiya committed to facing the increasing threat of climate change in order to act as a 'shock absorber for society.'
South Korean car insurance premiums are set to decrease by 3% as part of President Yoon Suk Yeol's economic initiative to support SMEs and low-income individuals.
Partnership aims to strengthen the Philippines' defence against annual US$3.5bn nat cat losses through improved through improved insurance and risk management practices.
APRA underscores importance for insurers to adopt better data management practices, as multi-year study reveals gap between current and ideal approaches.
The Life Insurance Corporation (LIC) plans to spur double-digit growth with new products offering guaranteed returns and a digital overhaul, including the possibility of launching a dedicated fintech...
