Demographics

south-korean-insurers-targetting-tailored-products-for-women-report

South Korean insurers targetting more tailored products for women - report

May 10 2024

Korean insurers are increasingly targeting female customers, responding to growth including higher insurance subscription rates among women.

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.

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Changing demographics to drive Australia's PA&H growth

April 16 2024

Market set to grow to AU$41bn by 2028, driven by increasing health awareness and ageing demographics

Indonesian life insurance sector set for bounceback post-2024: GlobalData

April 2 2024

After a challenging period, Indonesia's life insurance industry is anticipated to rebound, driven by regulatory changes and changing demographics.

korea-life-insurers-targets-hybrid-insurance-pension-and-overseas-markets-for-growth-report

Korean Life insurers target hybrid, pension, and overseas markets for growth - report

March 20 2024

KLIA Chairman says industry needs to find new growth opportunities amid declining population and market saturation,

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Nat Cat, infrastrucutre, and health to drive Vietnam GI growth

February 1 2024

GlobalData forecasts growth of segment to VND 98.3 trillion (US$3.9bn) in GWP by 2028.

Economic recovery and demographic shifts to fuel Australia's life industry to pre-pandemic levels

December 20 2023

GlobalData projects segment to grow to AU$44.7bn (US$30.4bn) by 2028.

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.

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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.

Foreign currency-denominated products solidify Japan's Life Insurance outlook

October 17 2023

AM Best maintains 'Stable' outlook, taking into account surge in foreign currency-denominated savings products, potentially higher domestic interest rates, and improved core profits.

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