The COVID-19 crisis has ensured that the provision of comprehensive health benefits for employees will become a top priority for UAE organisations in 2021, according to new research from Aetna International.
S&P Global Ratings has revised QLM Life & Medical Insurance's financial strength rating to A- from A. The outlook is stable.
Great Eastern has unveiled a S$1 million GREAT Vaccine Fund. The Fund provides a daily hospital cash benefit of S$300 per day up to a maximum of seven days, if one is hospitalised due to COVID-19 vaccinations. Coverage will be valid for three months from the day of the first dose of Health Sciences Authority (HSA)-approved vaccinations.
Korea's aging population poses a key challenge to the country's insurers in coming decades, with the share of the population aged 65 or above set to double to 32% by 2040 from 16% in 2020, according to a new report by Moody's Investors Service.
Mr Akio Negishi, chairman of the Life Insurance Association of Japan (LIAJ) has said that because of the COVID-19 pandemic, there is a need to figure out the way forward for some time and that the present high degree of uncertainty will continue.
The 6th Asia Trusted Life Agents & Advisers Awards, the region's most prestigious Awards recognising the best in financial advisory with an independently-audited judging process, is now open for nominations.
Medical insurers in Kenya posted KES891m ($8m) in underwriting profit in the six months ended June last year, their highest-ever underwriting gains, according to data from the Insurance Regulatory Authority (IRA).
The Egyptian government is seeking to strengthen the partnership between the government, civil society and the private sector to achieve integration between the comprehensive health insurance system, the medical insurance industry and the healthcare sector to improve health services for the public, said Dr Mohamed Maait, Minister of Finance and chairman of the General Authority for Comprehensive Health Insurance.
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China's insurance sector is forecast to record double-digit new business value growth this year, because of demand recovery and moderated asset/liabilities risk.