Life

LIA Singapore confirms 2024-25 management committee, launches consumer underwriting guide

March 15 2024

The Life Insurance Association renews Management Committee, while launching a consumer guide explaining medical underwriting.

am-best-affirms-fidelity-lifes-ratings-with-anticipation-of-improved-operating-performance

AM Best affirms Fidelity Life's ratings with operating performance anticipated to improve

March 15 2024

New Zealand insurers earnings impacted following acquisition of Westpac Life, but improvements anticipated due to increased operational scale and technological capabilities.

insurance-law-amendment-set-to-put-further-downward-pressure-on-vietnamese-bancassurance

Regulatory amendment set to put further downward pressure on Vietnamese bancassurance

March 15 2024

Amendments to curb mis-selling will foster long-term consumer confidence, but cause short-term decline in sales, says AM Best.

aia-groups-vonb-soars-33-to-us4-03bn-in-2023

AIA's VONB soars 33% to US$4.03bn in 2023

March 14 2024

Hong Kong leads AIA's value of new business surge, with an 82% increase compared to 2022.

Regulators outline preparatory steps for Australian insurers ahead of 2025 FAR implementation

March 14 2024

APRA and ASIC urge insurers to prepare for the upcoming Financial Accountability Regime.

fitch-maintains-nippon-lifes-a-rating-outlook-stable

Fitch maintains Nippon Life's ratings as profits continue to rebound post-Covid-19

March 14 2024

Nippon Life's underwriting recovery and strategic health acquisition signal robust financial health amid market presence, says Fitch

FWD Group reports 22% increase in new business value in 2023

March 13 2024

NBV hits US$991m as group achieves operating profit across all four geographic business segments for the first time.

Insurance Authority suspends agent for seven months over unauthorised policy sign-up

March 12 2024

Insurance agent banned for seven months after taking out and paying for policy without client's approval, in a bid to climb sales rankings.

SCOR announces new organisational structure

March 12 2024

In APAC, Mukul Kishore (pictured left) will be Head of P&C, while Chloe Wang (pictured centre) and Dion Russell (pictured right) take on Head of L&H for Fast Growth Markets and Head of L&H...

Australian Government to introduce financial sector regulatory initiatives grid

March 11 2024

New regulatory initiative aims to streamline financial sector, including insurance, enhance business operations and reduce compliance costs.

Sun Life appoints Mahima Tankha Marwah as Chief Client Experience and Marketing Officer for Asia

March 11 2024

Marwah joins from FWD where she was Vice President, Digital Bancassuarnce.

hong-kong-underwriting-profits-and-gross-premiums-fell-sharply-in-2023

Hong Kong underwriting profits fell sharply in 2023

March 8 2024

Extreme weather and a struggling property market paved the way for big drops across multiple lines, according to provisional Insurance Authority data.

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