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Life & Health tag returned 8090 results

  • Singapore: FWD launches critical illness product

    FWD Singapore has launched a new critical illness (CI) plan that can be purchased online, with no need for a medical examination.

    Agents | 25 Sep 2022
  • Australia: Private health fund returns US$26m in COVID-related claims savings to subscribers

    Listed private health fund, nib Group (nib), has announced that it will return a further A$40m ($26m) in health insurance claims savings to members.

    Asia | 26 Sep 2022
  • Pakistan: United Insurance drawn to life insurance business

    The United Insurance Company of Pakistan, a general insurer, has announced that it will start a life insurance business.

    Asia | 26 Sep 2022
  • Hong Kong: Well Link Life CEO takes on more responsibilities

    Well Link has appointed Mr Thomas Lee as CEO of Well Link Insurance and deputy CEO of Well Link Insurance Group, while continuing to serve as the CEO of Well Link Life. He is responsible for leading the business development of life insurance and general insurance. The appointment has been approved by the regulatory authority. He is a senior executive in the Hong Kong insurance industry. He assumed the role of CEO of Well Link Life in April 2019.

    People | 23 Sep 2022
  • Sri Lanka: AIA appoints board members

    AIA Sri Lanka has appointed Mr Tan Hak Leh as the new chairman of the board of directors. He is the regional chief executive of AIA group with responsibility for the business operations in Thailand, Singapore, Brunei, Malaysia, Cambodia, Myanmar, Vietnam and now, Sri Lanka. He brings in strategic experience and knowledge gained over 30 years across extensive disciplines in the insurance industry in Asia, including 11 years with AIA Group. He is a fellow of the Institute of Actuaries (UK).

    People | 23 Sep 2022
  • Days of double-digit business growth "are over", says major insurance group

    The days of double-digit or even higher growth in the mainland Chinese insurance industry are gone, and steady growth is now the norm, say senior management of China Pacific Insurance (Group) Co [CPIC].

    China | 23 Sep 2022
  • No single foreign or Sino-foreign insurance venture has over 2% of mainland Chinese market

    China's insurance market has grown over 40 years to become the world's second-largest insurance market, after the US. However, the growth has been largely based on the activities of domestic players, notes the Insurance Working Group (IWG) of the European Union Chamber of Commerce in China.

    China | 23 Sep 2022
  • P&C business continues to drive premium income of insurance groups

    China's top five A-share listed insurance groups posted a 4.04% increase in aggregate premiums to CNY1.91tn ($270bn) for the first eight months of this year, compared to the corresponding period in 2021.

    China | 23 Sep 2022
  • European insurers in China seek clarification on setting up Party organ in foreign-invested ventures

    The European Union Chamber of Commerce in China, through its Insurance Working Group (IWG), has called on the CBIRC to clarify whether or not foreign-invested insurance companies in JVs are subject to requirements to integrate the corporate CCP (Chinese Communist Party) leadership into all aspects of corporate governance.

    China | 23 Sep 2022
  • European trade chamber renews call on CBIRC to train local bureaux to handle licensing

    Part of the problem for insurers in expanding branches in mainland China, particularly foreign insurers, is that local CBIRC offices lack experience in dealing with foreign-invested insurers, says the Insurance Working Group (IWG) of the European Union Chamber of Commerce in China. This has an impact on licence applications and business development.

    China | 23 Sep 2022

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