More than 81% of respondents surveyed say that technology has improved their access to health services, while 60% believe that it has led to better affordability. These were some of the findings from Prudential Corporation Asia's 'The Health of Asia Barometer' report written by the Economist Intelligence Unit (EIU), which polled 5,000 adults across 13 markets in Asia.
The insurance sector is expected to show improved performance this year, according to an analysis by BMCE Capital Research.
The Max Life India Protection Quotient 3.0 (IPQ 3.0) survey conducted by private life player Max Life in partnership with consultancy firm Kantar has revealed a positive movement of four points in urban India on the protection quotient scale from 35 (IPQ 2.0) to 39. The survey also found that in the backdrop of COVID-19, the country continues to feel financially insecure.
A new study, HSBC FinFit Index, measures the financial fitness of Singapore residents based on four aspects - financial habits, financial knowledge, financial security & safety, and financial planning.
The total premium income of the life insurance industry from January to December last year reached NT$3,025bn ($108bn), a decrease of 7.9% from the previous year, according to statistics from the Life Insurance Association (LIA-ROC).
The insurance and takaful industry is currently working with the Ministry of Health and Bank Negara Malaysia to explore avenues where insurers and takaful operators can ease some of the expenses of COVID-19 patients whose conditions are required to be treated in private hospitals.
Total premiums in Egypt increased to EGP40.1bn ($2.55bn) in the 2020 fiscal year compared to EGP35.2bn in the previous year, an increase of 14%.
Jaslyn Ng, three-time Court of the Table producer, Financial Services Manager and Asia's Top 5 Rookie Insurance Agent at the 4th Asia Trusted Life Agents & Advisers Awards, has a good 15% of her clientele base consisting of C-level executives.
A trio of Covid-19 related risks ranks at the top of Allianz Risk Barometer 2021, reflecting potential disruption and loss scenarios companies are facing in the wake of the coronavirus pandemic. Business interruption (#1 with 41% responses) and Pandemic outbreak (#2 with 40%) are this year's top global business risks with Cyber incidents (#3 with 40%) ranking a close third.
The government is running a pilot health insurance project which reimburses the costs of herbal medicine, in the face of opposition largely from Western-trained medical community.