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Life and Health
Suncorp completes sale of Asteron Life to Resolution
February 3 2025
The deal sees Resolution Life acquire the New Zealand-based business for NZ$410m (US$227m)
Lockton names Lesley Jamieson as Regional Senior Vice President - Operations, Asia
February 3 2025
Jamieson returns to Hong Kong for the new role.
Taiwan's FSC urges insurers to offer more products for elderly and disadvantaged
February 3 2025
Regulator wants industry to create more micro-insurance and small-amount end-of-life products.
India clarifies GST treatment for co-insurance, reinsurance transactions
February 3 2025
The government’s decision includes retrospective regularisation of GST treatment from 2017 to 2024.
Indian Finance Minister reaffirms 100% insurance FDI ambitions
February 3 2025
Nirmala Sitharaman said this enhanced limit will be available to firms which invest the entire premium in India
Generali bullish on China life prospects despite low rate risks
February 3 2025
CEO Giulio Terzariol says demographics mean the long term prospects for the firm’s Chinese life and general insurance businesses are good.
Taiping Life’s NBV grew 84% in H1 2024, says Fitch
January 31 2025
Fitch Ratings affirms ratings, though negative outlook persists.
IRDAI caps senior citizen health insurance rate hikes at 10%
January 31 2025
The move follows the regulator’s decision to abolish the age cap of 65 years for purchasing health insurance.
Fitch affirms Tong Yang Life's ratings amid uncertainty over ownership change
January 30 2025
CSM grows, however Fitch notes credit profile uncertainty due to Worri Financial's possible acquisition.
IRDAI grants Niva Bupa extension to meet expenses of management limit: Report
January 30 2025
Regulator gives insurer until FY26 to meet new requirements.
Cambodia’s insurance industry sees 3.5% gross premium growth in 2024
January 30 2025
Premiums grow but gross claims incurred surge, according to data from the Insurance Regulator of Cambodia.
Fitch affirms ratings of NZ’s First Insurance as portfolio transfer looms
January 30 2025
Insurance portfolio set to be transferred to Provident Insurance and Pinnacle Life by end-March.
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