Group medical insurance in China has yet to realise its potential as a critical supplement to the national basic medical insurance scheme.
The largest pan-Asian life and health insurer, AIA Group, has reported record results in 2025 with double-digit growth across key financial metrics, including new business value.
Prudential plc's life business in Mainland China, CITIC Prudential Life (CPL), grew new business profit by 27% to $282m in 2025 compared with the prior year, with an increasing proportion of participating business in its sales mix, according to financial statements released by the insurance group.
The annual meetings of the National People's Congress (NPC), which is China's legislature, and the Chinese People's Political Consultative Conference (CPPCC), the country's top advisory body, took place earlier this month during which several delegates discussed major insurance trends and issues.
The largest pan-Asian life and health insurer, AIA Group, has reported record results in 2025 with double-digit growth across key financial metrics for new business value, earnings and cash generation.
Hong Kong women play a dominant role in household financial decision-making, with nearly half (45%) of respondents saying they control long-term family investments, according to the findings of a survey released by life insurer Sun Life. This proportion is the highest among the Asian markets surveyed.
Old Mutual has announced the appointment of Mr Roger Jardine as Chairman Designate. He will assume the chairmanship at the end of the company's Annual General Meeting to be held on 5 June 2026, subject to his confirmation as a director at the AGM.
Muang Thai Life (MTL) has announced its role as the Official Insurance Partner for BYD HYROX Bangkok - the world-class fitness racing event that combines running with functional training.
Australians are at greater risk of scams and dodgy providers as they reveal a deep trust in AI for financial advice, the life insurance industry has warned.
The Ministry of Finance and Economic Planning has unveiled Rwanda's first National Insurance Strategy (NIS). This positions insurance as a critical pillar for economic resilience, aligning with Rwanda's ambitious vision to achieve upper-middle-income status by 2035 and high-income status by 2050, the ministry said in a statement.