Accident & Health

QBE promotes Nicola Schroder to Group Head of Sustainability

April 29 2024

Schroder has been with QBE 5 years and brings a rich background in sustainability to her new role.

AIA announces record new business in Q1 2024

April 29 2024

AIA Group reports 31% YoY rise in value of new business, reaching US$1.327bn — a record quarter for the group.

irdai-sets-all-in-one-insurance-product-premium-at-1520-rupees-us18-including-parametric-property-claims

IRDAI sets premium for 'All-in-one' insurance product at 1,520 rupees (US$18)

April 27 2024

India's 'Bima Vistaar' product includes insurance coverage for life, health, personal accident, and property, and a parametric claims process for property.

china-sets-2030-goals-for-green-insurance-development

China sets new 2030 goals for green insurance development

April 26 2024

New guiding opinions outlines roadmap for the insurance industry to support China's environmental and carbon neutrality goals.

HK Insurance Authority finalises RBC rules, extends 'submission transitional period' to three years

April 26 2024

Following conclusion of industry consultation, the Six rules are set to be submitted for review by the Legislative Council in May.

iag-singapore-life-among-new-un-backed-forum-for-insurance-transition-to-net-zero

IAG, Singlife join UN-backed 'Forum for Insurance Transition to Net Zero' as founding members

April 25 2024

FIT launches with 19 founding members plus a team of legal experts to help navigate antitrust and legal concerns that plagued its predecessor.

S&P upholds MSIG Singapore's ratings, foresees modest 2024 growth amid market competition

April 25 2024

S&P upholds MSIG's 'A+' rating, anticipating stability in market position and a balanced revenue stream from personal and commercial lines.

IRDAI approves variable annuity plans for Indian life insurers - report

April 25 2024

Indian Life Insurers look set to be able to offer alternative to fixed annuity plans in the coming months.

Hanwha Life sets sights on Southeast Asia with strategic stake in Indonesia's Nobu Bank

April 25 2024

If approved, Hanwha will set a precedent as the first Korean insurer to enter the overseas banking industry through 40% stake.

long-term-new-business-spikes-in-hk-in-2023-topping-2019-for-first-time

HK long-term new business spikes in 2023, topping 2019 for first time

April 25 2024

2023 a noteworthy year as Hong Kong life industry surpasses 2019 new business premiums, with HSBC Life topping charts for second year running.

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.

koreas-lotte-insurance-on-market-for-us1-5bn-and-drawing-global-interest-reports

Potential Lotte Insurance sale drawing interest, but US$1.5bn valuation faces scrutiny

April 23 2024

Stake acquisition of Korean insurer drawing local and international interest, but questions remain about valuation post-IFRS 17 implementation.

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