Life and Health

Korean life insurers face falling interest rate challenge in 2025

January 9 2025

Premium sales figures and solvency capital levels are both under pressure from the BOK’s October reversal of interest rate policy.

aia-tops-global-mdrt-rankings-for-tenth-consecutive-year

S&P Global upgrades outlook of AIA Group and core subsidiares to 'positive'

January 8 2025

Group ratings affirmed, with outlook revision reflecting the likelihood of credit profile improvement within the next two years.

irdai-urges-unlisted-insurers-to-outline-listing-plans-within-two-to-three-years-report

IRDAI urges major unlisted insurers to outline listing plans - report

January 7 2025

The regulator’s push for public listings aims to enhance transparency, governance, and investor confidence in India’s expanding insurance market.

Tsuyoshi Ijichi to lead FWD Japan as CEO

January 7 2025

He joins FWD following an 11-year stint with MetLife Insurance.

Etiqa reintroduces Takaful product in Singapore

January 6 2025

Etiqa launches first Takaful product in over ten years, partnering with Maybank Singapore for distribution on the Shariah-compliant investment-linked plan.

koreas-life-insurance-industry-to-top-us140bn-by-2029-globaldata

Korea’s life insurance industry to grow steadily to US$140bn by 2029: GlobalData

January 6 2025

South Korea's life insurance market is set to grow to KRW206.2 trillion by 2029, driven by economic recovery and an ageing population.

prudential-appoints-ray-farris-as-chief-economist-for-eastspring-investments

Prudential appoints Ray Farris as its first Chief Economist

January 6 2025

Newly created role will see Farris provide economic analysis and insight for both Prudential and its asset management arm, Eastspring Investments.

Christina Ong joins Lockton Asia as Executive Director

January 6 2025

Ong joins from Price Forbes Asia where she was Chairman.

Bupa HK appoints Raymond Young as Director of Distribution and Sales, Medical Insurance

January 3 2025

Young will lead Bupa Hong Kong’s insurance sales team in his new role.

bank-negara-malaysia-launches-framework-for-digital-insurers-and-takaful-operators

BNM directs insurers to spread health premium hikes over three years

January 3 2025

Regulator directs insurers, takaful operators to stagger hikes following backlash over expected single year hikes of between 40 to 70%.

singapores-personal-accident-and-health-insurance-industry-set-to-surpass-8b-by-2029-globaldata

Singapore’s personal A&H industry set to hit US$8.6b by 2029: GlobalData

January 2 2025

The sector is expected to grow at a rate of 6.6% annually.

Healthcare workers in scrubs beside a modern hospital building, with a stylized city skyline and mountains in the background.

Rebuilding APAC's healthcare insurance model

January 1 2025

As healthcare affordability reaches a crisis point, APAC markets are exploring more sustainable healthcare insurance ecosystems.

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