Ageing Population

Manulife, UpLink launch innovation challenge to address demographic shifts in Asia

March 26 2025

The initiative aims calls for start-ups to develop solutions for financial resilience, health care access, and active ageing in Asia.

taiwan-aims-for-more-affordable-insurance-policies-for-the-elderly-and-economically-disadvantaged

Taiwan's FSC urges insurers to offer more products for elderly and disadvantaged

February 3 2025

Regulator wants industry to create more micro-insurance and small-amount end-of-life products.

south-koreas-insurance-industry-to-reach-us180bn-by-2029

South Korea’s insurance industry to hit US$180bn in 2029: GlobalData

October 25 2024

3.4% CAGR estimate driven by country’s ageing population and rising demand in health and retirement coverage.

Rapid Asian demographic change to revamp health and wealth coverage

September 30 2024

A massive expansion in Asia’s middle class means that demographic change will be accompanied by an evolution in the type of health and wealth management products that Asian insurers offer.

East Asian insurers and regulators urged to ramp up collaboration on sustainability

September 26 2024

Hard-hitting panel at EAIC urged greater unity across East Asian insurers to incorporate better sustainability practices.

Taiping Re mulls cat bond issuance

September 26 2024

Size of Asia’s catastrophe protection gap means that reinsurers in the region need to look at non-traditional capital sources.

APRA calls for innovation and collaboration in the life insurance industry

May 1 2024

Speaking at the 2024 All Actuaries Summit on the Gold Coast, Suzanne Smith called for innovative products that serve Australia's changing demographics.

Japan's corporate health rates set to hit record high in 2024 - report

April 25 2024

Japan's corporate health insurance societies face a record premium rate and a ¥657.8bn (US$4.25bn) deficit in FY 2024.

2024 Outlook

January 10 2024

Cyber risks and AI will be in focus for (re)insurers in 2024 as the industry looks forward to 12 months of interest rate and regulatory stability.

Japan’s life and health sector ripe for innovation as competition heats up

December 18 2023

Despite demographic challenges, opportunities exist for local and overseas insurers willing to embrace innovation.

nippon-life-targets-aged-care-expansion-with-acquisition-of-nichii-holdings

Nippon Life advances aged care strategy through acquisition of Nichii Holdings

November 29 2023

Nippon Life is set to acquire 99.6% shares of the holding company of leading nursing care business Nichiigakkan for US$1.41 billion, as it seeks to diversify due to Japan's ageing demographic.

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