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Life and Health
Meiji Yasuda to acquire American Heritage Life Insurance for US$2bn - report
August 14 2024
The acquisition, which is set to be finalised by June 2025, is part of a broader strategy by Japanese life insurers to expand abroad.
Floss Cheng returns to Aon as Head of Claims, Hong Kong
August 14 2024
Cheng joins after five years with Howden.
Manulife Singapore launch InvestReady Growth
August 13 2024
The new plan aims to address financial concerns highlighted by Manulife's Asia Care Survey 2024.
Mortality protection gap in China narrows as life insurance penetration rises
August 13 2024
Swiss Re reports a 6% reduction in China's mortality protection gap last year, though significant regional disparities remain.
Allianz CEO anticipates double-digit ROI from Income Insurance acquisition
August 13 2024
CEO Oliver Baete sees growth opportunities in underwriting, claims, and product design, and emphasises acquisition is a partnership, "not a sellout."
Higher living costs, mental health concerns drive demand for affordable life insurance in Australia: CALI
August 12 2024
New study from the Council of Australian Life Insurers highlights need for financial advice and accessible information about life insurance products.
Thai Re reports 92% 1H net profit increase for 2024
August 12 2024
Thai reinsurer sees improvements in both personal and commercial lines, while net investment income surged.
Thailand's life insurance GWP to surpass US$22bn by 2028: GlobalData
August 12 2024
Demographic shifts and rising health awareness are key drivers of Thailand's life insurance market growth.
LIC CEO confirms interest in entering health insurance sector via acquisition
August 12 2024
MD & CEO Siddhartha Mohanty says LIC India seeks to acquire a standalone firm for its foray into health insurance “rather than set up a vertical.”
QBE elevates Ed Rainsford as Chief Risk Officer, Australia Pacific
August 12 2024
Rainsford has been with QBE group for nearly a decade.
Shin Kong Life increases accident and health product sales to stabilise margins
August 10 2024
Fitch affirms South Korean insurer's ratings, noting recovery of its regulatory solvency position as a key factor.
QBE signs US$1.6bn deal with RiverStone and Enstar to de-risk reserve exposure
August 9 2024
Deal will de-risk North American middle-market and a small number of other international portfolios.
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