Life and Health

South Korea's insurance sector sees 13.2% rise in net income for 9M 2024

November 27 2024

Premiums increased 4.8% according to preliminary data from the FSS, but regulator notes concerns over global market uncertainties and potential losses from real estate project financing.

AIA continues Mainland China expansion with regulatory approval for Zhejiang branch

November 26 2024

The branch approval marks the fourth for AIA in Mainland China over the last month.

QBE names Jamie Kelly as Group Chief Compliance Officer

November 26 2024

Kelly steps into the role following Ed Rainsford's move to CRO in August.

Aon acquires Mitsubishi Chemical Group’s insurance agency

November 26 2024

Aon signs agreement to acquire MCG's in-house insurance agency in a move that will expand its risk and health offerings in Japan.

hdfc-life-launches-investigation-after-data-breach

HDFC Life launches investigation following customer data breach

November 26 2024

HDFC Life disclosed the breach in a regulatory filing, citing an unknown source with "mala fide intent."

IRDAI raises capital requirements for Bima Sugam online platform - report

November 25 2024

Capital requirements for online platform have reportedly increased to 5bn rupees (US$60m), up from earlier estimates of 1–2bn rupees.

Worldcare rebrands to Allianz Travel Insurance in New Zealand

November 25 2024

Along with the rebrand, the company has also changed its offerings to provide customisable policies.

manulife-hong-kong-names-albert-mak-as-new-chief-agency-officer

Manulife promotes Albert Mak to Chief Agency Officer for Hong Kong and Macau

November 25 2024

Mak joined the company in 2019 and has been elevated from his role as Head of Business Development & Agency Training.

Central Bank of India receives RBI approval for insurance JV with Generali

November 25 2024

State-owned bank moves closer to entering insurance sector through joint venture which includes both life and non-life entities.

boltech-looks-market-expansion-with-us50-million-hsbc-venture-debt-facility

bolttech sets eyes on further expansion with US$50m HSBC venture debt facility

November 25 2024

Facility will be used to support bolttech's embedded insurance growth amibitions.

nfra-chief-calls-for-shift-to-value-driven-growth-in-insurance-sector

NFRA chief calls for insurance sector to shift to value-driven growth model

November 25 2024

Li Yunze says industry should integrate sustainable practices and strengthen asset-liability management to enhance resilience in the sector.

Aon taps Mike Yao as Director, Life Insurance Analytics for Asia

November 22 2024

Yao joins Aon from Pacific Life Re, where he most recently served as AVP for Client Solutions.

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25 September