L&H

Mohanty Becomes First Chief Executive of Life Insurance Corporation of India

April 29 2023

Mohanty will be Chairman until June 2024 and will then assume the role of Chief Executive until at least June 2025

Q1 sees AIA hit US$1 billion Value of New Business for the first time

April 28 2023

The group saw 28% VONB growth, with AIA China and AIA Hong Kong leading the way.

Fitch affirms Fukoku Mutual Life Insurance ratings despite underwriting losses

April 28 2023

The Japanese insurer received ratings of 'A' and 'A-' in the face of covid hospitalisations, thanks to strong capitalisation, profitability and its company profile

Ping An achieves 48.9% rise in Q1 net profit

April 28 2023

Ping An Life saw 8.8% growth and the P&C business experienced a 7.1% rise

Asia leads the way as Chubb sees record-breaking Q1

April 27 2023

Chubb set new records for core operating and investment income - with Asia providing significant contributions across P&C and Life

Photo of bags of Japanese yen next to a wooden representation of house/factory.

Japanese Life insurers seeking safety in domestic bond investments

April 27 2023

A tightening of the BOJ's current monetary policy will result in yield increases for government and domestic bonds

Reliance General becomes first Indian insurer to accept RBI's e-Rupee for premium payments

April 27 2023

India's central bank digital currency (CBDC) is still in pilot stage

AIA to expand presence into third most populous province in China

April 27 2023

The CBIRC has provided regulatory approval for AIA China to begin operations in Henan province

Photo of man reading financial statements. Logos of Samsung Life and FSS in top left and top right.

FSS issues administrative warning to Samsung Life Insurance

April 27 2023

Following its designation as a financial conglomerate last year, Samsung Life is facing increased responsibility

Photo of doctor using an iPad. MS&AD and Cognetivity logos in top left corner.

Mitsui Sumitomo Aioi Life and Cognetivity partner on AI, brain-assessment technology

April 26 2023

Policyholders will have easy access to cognitive assessment technology, which can help provide early detection of issues such as dementia

Bajaj Allianz Life and ICICI Prudential named in fictitious services and fraudulent tax credits probe

April 26 2023

The case could however be without merit with insurers asking IRDAI to backdate a new rule, which cold nullify any case against them

MAS proposes enhanced safeguards for prospecting and marketing of products

April 26 2023

The Singaporean regulator is inviting feedback by June 30th

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25 September