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Life & Health tag returned 6989 results

  • Nepal: Insurance regulator mandates 100% cession to the two domestic reinsurers

    The Insurance Board, Nepal's insurance regulator, in a recent circular has mandated all life and non-life insurance companies to seek 100% reinsurance support from domestic reinsurance companies only.

    AIRPlus | 02 Dec 2021
  • Japan: Insurance sector's underwriting fundamentals expected to be stable

    Japanese life and non-life insurers' underwriting fundamentals are likely to be stable overall despite the ongoing economic stress from the COVID-19 pandemic, says Fitch Ratings. The agency has a neutral outlook on the sector.

    Asia | 02 Dec 2021
  • Kuwait: New compulsory health insurance policy to cost US$430 a year

    The price of the new mandatory health insurance policy for expatriates working in the private sector in Kuwait will be KWD130 ($430) a year per person when the scheme commences, according to Mr Thamer Arab, CEO of Health Assurance Hospitals Company (Dhaman) which is providing the coverage.

    Middle East | 01 Dec 2021
  • Build a healthy, wealthy and happy retirement!

    Entering the retirement phase and reaping its various benefits is something that everyone looks forward to experiencing. However, without adequate savings or a strong retirement corpus, enjoying your golden years can be a tad bit hard. Financial preparedness and a thorough understanding of one's requirements are crucial aspects to evaluate during retirement. Here's a quick guide to planning your retirement, ensuring you avoid any financial instabilities during your 'second innings'.

    Agents | 30 Nov 2021
  • China: Regulator publishes new regulation for insurance holding companies

    China's insurance regulator yesterday issued amended requirements for the risk management and investment activities of insurance groups, to step up supervision and prevent risks in the sector, reported Reuters.

    Asia | 01 Dec 2021
  • India: Call made for urgent strategies to mitigate financial toxicity among cancer patients

    There is a need for urgent strategies to mitigate financial toxicity among patients with cancer in India, especially in the most deprived sections of society, according to the findings of a systematic review of the issue.

    Asia | 01 Dec 2021
  • Thailand: Insurers reel under onslaught of COVID-19 claims

    The controlling shareholders of Syn Mun Kong Insurance are exploring the sale of a majority stake in the insurer and have picked several strategic players to advance into the next round of bidding, reported Bloomberg citing people familiar with the matter.

    Asia | 01 Dec 2021
  • Egypt: Global inflation to push up local health insurance premiums

    Medical insurance premiums in Egypt are expected to increase because of global inflation and the fact that most medical supplies are imported from abroad, says Dr Sherif Fathy Youssef, chairman & CEO of Inaya Egypt Healthcare.

    Middle East | 30 Nov 2021
  • Singapore: Millennials all grown up and now the new 'sandwich' class

    Millennials in Singapore are identified as the country's new 'sandwich generation', says Etiqa Insurance Singapore's "2021 Protection Survey Report", that notes that the youngest of the millennials have now joined the workforce.

    Agents | 30 Nov 2021
  • South Korea: Insurance sector's outlook tagged as 'Neutral' for 2022

    Fitch Ratings' outlook on Korean life and non-life insurance for 2022 is tagged as 'Neutral', considering wider investment margins and better underwriting performance, which could be offset partly by the pressure on capital strength.

    Asia | 30 Nov 2021

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