Prudential says "Cha-Ching" initiative has now reached over 3.5 million children and trained more than 90,000 teachers across Asia and Africa since its launch.
The reinsurer is also expecting insurers to focus on the “decumulation phase,” offering products like annuities and long-term care to address longevity risk.
Business insolvencies around the world are expected to rise for a fifth consecutive year, with a 6% increase expected in 2025 and 5% in 2026 before easing slightly by 1% in 2027.