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Life & Health tag returned 3816 results

  • Australia: APRA report questions viability of life products being offered

    Given that the life insurance sector faced deteriorating conditions in 2019, its sustainability has been questioned by financial regulator Australian Prudential Regulation Authority (APRA) in its latest publication.

    Asia | 17 Jan 2020
  • AIA Singapore appoints Mr Delon Choo as CEO of AIA Financial Advisers

    AIA Singapore today announced the appointment of Mr Delon Choo as CEO of AIA Financial Advisers (AIA FA), with effect from 23 December 2019.

    People | 17 Jan 2020
  • Economic outlook 2020/21: Slow recovery

    Allianz assumes that global economic growth will remain subdued this year and next. "We expect GDP growth to slow further to 2.4% in 2020 from 2.5% in 2019. However, from the second half of 2020, we expect the pace to accelerate again and forecast that the global economy will grow by 2.8% in 2021. Political uncertainties remain, but they are unlikely to reach the record levels of 2019," said Ludovic Subran, Chief Economist of Allianz SE. Against the background of this growth scenario, Allianz expects global insolvencies to increase by 6% in 2020, after 9% in 2019

    Agents | 16 Jan 2020
  • Some confusion over insurance opening in Phase One China-US trade deal

    The Phase One trade agreement between the United States and China has caused confusion among lawyers in the Asian nation, reported Bloomberg.

    China | 17 Jan 2020
  • Chubb endorses China-US Phase One trade agreement

    Chubb, the world's largest publicly traded property and casualty insurance company, has expressed its support of the signing of the Phase One trade agreement between the US and China.

    China | 17 Jan 2020
  • Few buy commercial health insurance with funds from individual medical accounts

    A municipal lawmaker in one of China's most advanced cities has made proposals to promote the purchase of commercial medical insurance with funds from personal health insurance accounts.

    China | 17 Jan 2020
  • Allianz's insurance holding company in China opens its doors

    Allianz officially opened China's first fully foreign-owned insurance holding company yesterday, positioning the global insurer for future growth and strengthening its proposition in the fastest growing economy in the world.

    China | 17 Jan 2020
  • Giant life insurance group posts operating income of over US$130bn in 2019

    China Life Group's combined operating income in 2019 exceeded CNY900bn ($131bn), with its combined premium income exceeding CNY700bn and combined investment income surpassing CNY210bn, according to group data released at a 2020 working conference in Beijing yesterday.

    China | 17 Jan 2020
  • Indonesia: Govt and lawmakers act on state owned insurers

    Indonesia will appoint state financial firm Bahana Pembinaan Usaha Indonesia as a holding company for state insurers to improve their finances, a deputy minister said yesterday, as the government puts together a rescue plan for a second troubled insurer, reported Reuters.

    Asia | 17 Jan 2020
  • India: Estimates are hypertension plagues 1/3 of population

    One third of India's population is likely to suffer from hypertension, with around 20% of the rural populace too becoming victims, say health experts.

    Asia | 17 Jan 2020


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