L&H

AM Best assigns stable outlook to New Zealand life insurance, affirms stable outlook for non-life sector

November 12 2024

Kiwi insurers demonstrating resilience amidst market challenges, says AM Best.

Malaysia Takaful Association unveils new strategic framework

November 11 2024

Launch of Hijrah27 framework comes as Malaysia’s Takaful sector achieves a 20% penetration rate, driven by increased demand and digital adoption.

indias-insurance-regulator-calls-for-reforms-to-allow-100-foreign-direct-investment

IRDAI Chair calls for reforms to allow 100% foreign direct investment

November 11 2024

Debasish Panda is looking for policy changes to allow full FDI and greater operational flexibility for insurers.

Asia insurtech funding falls with global investment expected to stabilise at US$4.2bn in 2024

November 8 2024

Following volatile years, funding is expected to level out, with a focus on AI-driven solutions and growing interest in breakout-stage insurtechs.

chow-tai-fook-life-sees-strong-vnb-growth-despite-margin-decline-in-fy24-fitch

CTF Life reports strong VNB growth in FY24 despite margin decline: Fitch

November 8 2024

Fitch affirms CTF Life's ratings, citing stable capital position and improved return on equity.

Everest Singapore rolls out AI-driven employee health product

November 7 2024

Product aims to streamline employee healthcare through greater precision.

Philippines Insurance Commission issues first takaful licences to Pru Life and Etiqa

November 7 2024

The IC said it also plans to expand takaful offerings to include microtakaful for wider financial inclusion.

industry-needs-to-adapt-and-reshape-image-to-attract-young-talent-canopius-report

Singapore insurance industry must adapt to attract young talent: Canopius Survey

November 6 2024

Singapore students believe insurance offers stability and work-life balance, but industry is perceived to lag behind other sectors in advancement opportunities.

Niva Bupa to IPO on November 7

November 5 2024

Indian health insurer looks to raise 22bn rupees (US$261.58m) through initial public offering.

AM Best withdraws ratings for Generali Life Hong Kong at company's request

November 5 2024

AM Best affirms ratings and then withdraws them with Generali Life HK deciding to discontinue its participation in the ratings process.

Pacific Life Re, Kakao Pay Insurance partner on app-exclusive health insurance

November 5 2024

The partnership in South Korea aims to blend Kakao Pay’s digital capabilities with the reinsurer’s global expertise.

Waterdrop considers secondary listing in HK - report

November 1 2024

Waterdrop CEO says secondary listing would enable the insurance broker to reach investors closer to home.

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