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Life & Health tag returned 4004 results

  • Indonesia: Insurance market grows by 8% in 2019 despite Jiwasraya ills

    The Indonesian insurance industry posted growth of 8% in terms of premiums last year, according to data from the Financial Services Authority (OJK), despite the ills afflicting the state-owned financially stricken life insurer Asuransi Jiwasraya.

    Asia | 20 Feb 2020
  • Taiwan: FSC has questions for Nan Shan Life

    The Financial Supervisory Commission (FSC) has directed Nan Shan Life Insurance to explain punishment it meted out to senior managers based on a request from a major shareholder, saying that the decision hurt the firm's corporate governance.

    Asia | 20 Feb 2020
  • Australia: Nearly 50,000 young adults abandon hospital cover in 2019

    Data released by the Australian Prudential Regulation Authority on show that 46,969 fewer people aged between 20 and 34 had hospital cover in December, compared with a year earlier.

    Asia | 20 Feb 2020
  • India: Govt to start IPO process for life giant

    The Department of Financial Services will soon write to the legislative and disinvestment departments to initiate the process for the proposed initial public offering of the country's biggest life insurer, a finance ministry official has said.

    Asia | 20 Feb 2020
  • Algeria: Insurance industry expects anaemic conditions this year

    For the insurance industry in Algeria as a whole, 2019 was a year without growth, Mr Hassen Khelifati, CEO of Alliance Assurances, has said, adding that this was so even if his company managed to increase its turnover by 4%.

    Middle East | 19 Feb 2020
  • Singapore: Great Eastern's 2019 profits climb 36% to exceed S$1bn

    Great Eastern Holdings (the Group) has announced that its profit attributable to shareholders increased by 36% to S$1.0bn ($0.7bn) for the financial year ended ended 31 December 2019 (FY19).

    Asia | 19 Feb 2020
  • India: Population control measures deemed non-urgent for now

    There is no urgency for India to take population control measures because the country is already witnessing a decline in its population growth rate. Couples not only desire but also have fewer children than earlier, says Ms Poonam Muttreja, executive director of Delhi-based non-profit Population Foundation of India.

    Asia | 19 Feb 2020
  • Malaysia: Foreign insurers reportedly eyeing AXA Affin operations

    Singapore's Great Eastern Holdings and Assicurazioni Generali are among potential bidders for the life and general insurance businesses in Malaysia that AXA and Affin Bank own, reported Bloomberg quoting people familiar with the matter.

    Asia | 19 Feb 2020
  • Hackers are exploiting coronavirus fears

    Hackers are exploiting the fears about COVID-19 by sending malicious emails cloaked as warnings about the economic repercussions that could occur as the illness spreads.

    Asia Risk | 19 Feb 2020
  • Manulife survey reveals real cost of being critically ill in Singapore

    A new Manulife study on critical illness found that close to 40% of respondents have spent all or most of their savings battling illness. Furthermore, Singaporeans who become seriously ill do not just struggle with their disease and medical bills, they often feel like a burden to their friends and family (76%), experience emotional and psychological distress (72%) and face the fear of abandonment (58%).

    Agents | 18 Feb 2020


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