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Read the latest edition of AIR and MEIR as an Interactive e-book

Dec 2024

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Asian

India: Survey shows extent of increase in insurance coverage in rural sector

Rural households in India have shown an increase in the take-up of insurance coverage, with the proportion of households with at least one-member insured surging from 25.5% 2016-17 to 80.3% in 2021-22.
 


Malaysia: Takaful association releases strategic transformation plan

The Malaysian Takaful Association (MTA) has officially launched the Hijrah27 framework, a strategic transformation plan with the core objectives of broadening public understanding of takaful and expanding its reach to underserved segments of the country.
 


Singapore: Life market chalks up 23.5% growth in new business premiums in first nine months

Singapore’s life insurance industry recorded a total of S$4.3bn ($3.2bn) in weighted new business premiums for YTD3Q2024, an increase of 23.5% compared to the corresponding period last year, according to the Life Insurance Association, Singapore (LIA Singapore).