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Life & Health tag returned 4287 results

  • Hong Kong: High-level panel proposes tax measures to enhance insurance industry

    The Financial Services Development Council (FSDC) is proposing several tax measures for both insurance companies and individual policyholders. The goal is to foster the competitiveness of the insurance industry in Hong Kong and encourage Hong Kong citizens to better protect their day-to-day health from risks and accidents through insurance.

    Asia | 31 Mar 2020
  • South Korea: 2nd biggest life insurer's counter shrinks into a penny stock

    Hanwha Life Insurance, South Korea's second largest life insurer, became a penny stock this month, reported Bloomberg.

    Asia | 31 Mar 2020
  • Sri Lanka: Local insurer to cover all COVID-19 claims

    As the number of coronavirus cases continues to rise in Sri Lanka, local insurer Arpico Insurance announced that it would cover all related medical and life insurance claims.

    Asia | 30 Mar 2020
  • Hong Kong: Insurance regulator extends validity and coverage of COVID-19 measures

    In view of the latest COVID-19 developments, the Insurance Authority (IA) has decided to implement extended temporary facilitative measures (TFM) for insurance sales in Hong Kong whereby more types of life insurance products can be distributed through non-face-to-face methods to minimise the risk of infection during the selling process.

    Asia | 30 Mar 2020
  • Australia: S&P revises insurer's outlook due to COVID-19

    Amid financial market volatility triggered by COVID-19, Australia's largest provider of annuities, Challenger Life (CLC), has a slightly higher asset risk exposure than that of peers and required some de-risking. However, the firm is expected to maintain its substantial financial profile and strong business profile according to S&P Global Ratings which revised its outlook for CLC to stable from positive.

    Asia | 30 Mar 2020
  • Malaysia: MSIG donates funds to government for COVID-19

    MSIG Malaysia is channelling funds for initiatives taken by the ministry of health (MoH) in fighting COVID-19 cases in Malaysia.

    Asia | 30 Mar 2020
  • Botswana: Insurance group eyes new markets

    Botswana Insurance Holdings Limited (BHL), the country's largest diversified financial group, is boosting its expansion strategy, including reviving an insurance target and moving into the pension fund and medical aid administration sector.

    Africa | 30 Mar 2020
  • Nigeria: Insurance market sees M&A deals

    Private equity firm Verod Capital Management is set to buy all 100% of Law Union & Rock Insurance and recapitalise the insurer.

    Africa | 30 Mar 2020
  • Egypt: Biggest life insurer eyes growth via branch and online channels

    Misr Life Insurance, Egypt's largest life insurer, is working to complete by next month its comprehensive IT development plan that will result in automated insurance operations to enable online services. In addition, the company plans to establish branches nationwide by 30 June 2021.

    Middle East | 30 Mar 2020
  • Oman: Regulator directs insurers to provide online services to curb spread of virus

    Oman's insurance regulator, the Capital Market Authority (CMA), has urged insurance companies to provide electronic insurance services to their customers and suspend counter services, so as to curb the spread of COVID-19.

    Middle East | 30 Mar 2020


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