Life and Health

Fifth time's a charm?: Korea Development Bank once again attempts to sell KDB Life Insurance

May 31 2023

Samil PWC is understood to have received letters of intent from at least two PE firms for a deal expected to be below 200 billion won.

manulife-singapore-launches-manulife-pro-for-top-performers-which-includes-designation-of-a-dedicated-underwriting-team

Manulife Singapore launches "Manulife Pro" for top performers, which includes access to dedicated underwriting team

May 30 2023

Manulife has described the programme as offering more than just recognition, with privileged access to exclusive resources and tools.

Another day, another exit: Japan's MS&AD and Tokio Marine joins NZIA exodus

May 30 2023

Their departures make it three from three big Japanese insurers who have left the climate Alliance, after Sompo withdrew last week.

Hong-Kong-IA-issues-18-months-ban-on-insurance-agent-who-forged-clients-signature

Hong Kong's IA issues 18 month ban on insurance agent who forged client's signature

May 29 2023

The agent created two forged letters in an effort to rectify an incorrect receipt she had issued.

howden-becomes-fifth-largest-employee-owned-business-in-the-uk-through-global-internal-share-offer

Howden becomes fifth largest employee-owned business in the UK as employees globally grab a slice

May 29 2023

4500 employees have now invested using the ISO scheme, with 43% based outside of the UK.

IRDAI: Availability, Accessibility and Affordability key to Insurance for All 2047 strategy

May 27 2023

Chairman Debasish Panda outlined the Indian regulator's efforts to remove red tape and relax regulations in order to reach the 2047 objective.

A photo of a hydropower with water rushing out in a flood.

Update: Lloyds joins Allianz, AXA, QBE, SCOR, Sompo and Swiss Re in flood of (re)insurers to leave NZIA

May 27 2023

Three members left the NZIA in April; seven more followed suit this week, with Republican anti-trust pressure raising serious doubts about the Alliance's viability.

A photo of a computer screen with analytics data on it.

Fitch downgrades Taiwan Life's Financial Strength rating to Stable

May 26 2023

Fitch asserted that while Taiwan Life's financial performance has declined, pressures on performance and capital should ease gradually.

Generali improves CR to 90.7% in Q1

May 25 2023

The Italian head-quartered insurer saw its P&C GWP increase 10%, however it's life business saw negative net inflows and drops in PVNBP and NBV.

Tencent-backed FuSure maintains A- ratings thanks to strong balance sheet: AM Best

May 25 2023

The accident and health focused insurer has capital support from parent Tencent, who owns 85.01% of FuSure's shares.

IRDAI to host monthly Open House for insurtechs to encourage innovation

May 25 2023

The meetings will take place at The Insurance Regulatory and Development Authority of India head office on the 15th of every month.

Prudential offers free Star Ferry rides as part of 175th-anniversary celebrations

May 25 2023

On May 30th, passengers can ride the iconic Star Ferry for free.

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