Life and Health

Max Life, SBI Life refute speculative reports on bancassurance limits

November 29 2024

Both insurers deny any directives or communication with the IRDAI about regulator's plans to impose caps on bancassurance business.

sumitomo-lifes-capitalisation-to-remain-solid-despite-rising-investment-risks-s-and-p

Sumitomo Life’s capitalisation to remain solid despite rising investment risks: S&P

November 29 2024

S&P affirms A+ ratings, taking into account 2024 acquisition of Singapore Life and changes in asset allocation.

bnm-orders-review-of-insurance-premium-hikes-from-insurers-takaful-operators

BNM orders insurers, takaful operators to review premium hikes

November 29 2024

Move comes after reports of sharp increases in health insurance premiums of between 40% to 70% in Malaysia.

LIC eyes ManipalCigna stake for health insurance entry - report

November 28 2024

State-owned insurer is reportedly considering up to a 50% stake as part of its strategic move into health.

s-and-p-upgrades-nan-shan-life-credit-rating-on-improve-capital-adaquecy

S&P upgrades Nan Shan Life's ratings on improved capital adaquecy

November 28 2024

The insurer’s long-term financial strength and issuer credit ratings have been revised to “A-“ from “BBB+”.

Malaysian MP urges Bank Negara Malaysia to investigate health insurance premium hikes

November 28 2024

Health insurance premiums in Malaysia have reportedly increased by up to 70%.

Fitch affirms Taikang Life's IFS at 'A', withdraws ratings for commercial reasons

November 27 2024

Affirmation reflects Taikang Group's strong solvency buffer, stable profitability, and extensive market presence, despite elevated exposure to risky assets.

India planning to amend insurance laws to allow composite licences and 100 FDI - report

India looking to amend insurance laws to allow composite licences and 100% FDI - report

November 27 2024

Current parliamentary session may bring about key rule changes to insurance sector.

apac-p-and-c-growth-struggles-to-keep-pace-with-gdp-and-global-peers

APAC P&C growth struggles to keep pace with GDP and global peers

November 27 2024

McKinsey reports that rate-driven growth in APAC's P&C market is failing to capture new risks.

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.

The Inaugural Recognising excellence in Asia's insurance industry Find out more → Entries close
28 August