Life

Hand holding a smartphone with floating KYC and banking icons above the screen on a desk setup.

India to launch shared KYC framework for insurers and banks — report

July 28 2026

The framework aims to simplify customer onboarding and reduce repetitive KYC requirements across the insurance and banking sectors.

Aerial view of a modern city with high-rise buildings, winding rivers, and a distant harbor under a clear blue sky.",

Softlogic Life completes US$1.9m acquisition of Bangladesh insurer

July 28 2026

The Sri Lankan life insurer finalised its purchase of a 60% stake in Diamond Life Insurance.

Crowded railway platform with hundreds of commuters walking beside a stationary train under a shelter on a busy station.

Group schemes drive India's 16.6% life insurance premium growth in Q1 FY2027

July 28 2026

Private insurers grew 27.5% even as policy issuance lagged premium growth.

zurich-and-beazley-confirm-agreement-in-principle-on-possible-8bn-takeover

Zurich’s A$415m ClearView takeover gains shareholder support

July 28 2026

The deal now awaits final court approval with a hearing scheduled for 30 July.

Sign reading 'Council for Insurance Ombudsmen' on a marble wall, third-floor designation in multiple languages.

IRDAI tells insurers to speed up responses to Ombudsman complaints

July 27 2026

Delayed and piecemeal submissions by insurers have been slowing Ombudsman investigations, the regulator said.

Modern office complex exterior with glass facade and a prominent 'Prudent Financial' sign in blue.

Prudential Japan resolves 437 of 498 sales misconduct claims

July 27 2026

The insurer has also reviewed 365 additional complaints across Prudential Life and Gibraltar Life since January, with 125 cases qualifying for reimbursement.

SBI Life posts 29% VNB growth in Q1 amid rising claims and costs

July 27 2026

Protection and non-participating products played a bigger role in new business generation for SBI Life in the first quarter of India's financial year.

BNP Paribas Cardif re-enters India insurance market with IndiaFirst Life stake

July 27 2026

The deal will make BNP Paribas Cardif the second-largest shareholder in IndiaFirst Life and marks the French insurer's return to India's life market.

Waterfront row of colorful shophouses with modern glass skyscrapers behind and a cloudy sky.

FWD Singapore, Ascend Asia ink distribution partnership

July 24 2026

The agreement broadens access to FWD's protection and wealth solutions through Ascend Asia's financial advisory network in Singapore.

Blue glass skyscrapers in a financial district with bank logos DBS, HSBC and Standard Chartered visible on the towers, against a blue sky with palm trees in the foreground

Allianz strikes S$2.7bn deal for HSBC Life Singapore

July 24 2026

The two groups will also enter a 15‑year exclusive bancassurance partnership, with the deal slated for completion in the first half of 2027.

Fanned Japanese yen banknotes, showing 1,000 and 10,000 yen bills, close-up view of the currency stack

Japan's new reinsurance rules unlikely to slow asset-intensive deals despite higher scrutiny: S&P

July 23 2026

Tighter AIR regulation should improve industry-wide risk controls even as Japanese insurers continue to expand use of the structure.

Panoramic city skyline with tall office towers and residential buildings surrounded by trees on a hazy day

Canara HSBC Life's VNB rises 29% as non-par savings and protection gain share

July 22 2026

A larger contribution from non-par savings products, combined with strong protection growth, helped Canara HSBC Life deliver stronger profitability in Q1 FY2027.

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