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Life & Health tag returned 6712 results

  • Saudi Arabia: Lower 2Q profits ignite call for insurers to adhere to technical pricing

    The insurance industry in Saudi Arabia reported a combined net profit after zakat and tax of SAR384m for the second quarter of this year, plunging by 59.2% compared to the corresponding period last year, according to data released by the Saudi Central Bank (SAMA).

    Middle East | 16 Sep 2021
  • New Futurance programme launched to identify start-ups

    HDFC Life and IvyCamp have launched the fourth phase of Futurance, an on-going corporate engagement programme that identifies start-ups developing innovative and next generation capabilities.

    AIRPlus | 16 Sep 2021
  • Ocktolife partners Fits.ID to launch insurance and wellness app

    Ocktolife, a Singapore-based predictive healthcare company has announced its partnership with Fits.ID, a wellness platform and subsidiary of Indonesian insurance broker Integra, to launch a health insurance and wellness benefits app, BeneFits.

    Agents | 16 Sep 2021
  • Indonesia: Life sector bounces back in 1H on economic recovery

    The life insurance industry in Indonesia posted a total revenue of IDR119.74tn ($8.41bn) in the first half of this year, soaring by 64.1% compared to the corresponding period last year, said Mr Budi Tampubolon, chairman of the Indonesian Life Insurance Association (AAJI).

    Asia | 16 Sep 2021
  • Saudi Arabia: Insurance market grows faster in 2Q2021 compared to 1Q

    Data from the Saudi Central Bank (SAMA) show that GWP in the insurance sector reached SAR9.4bn ($2.5bn) in the second quarter of this year, representing an increase of 8.1% from the corresponding period last year.

    Middle East | 15 Sep 2021
  • Oman: Regulator grants four TPA licences up to end-June this year

    The Capital Market Authority (CMA) has issued licences to four Third Party Administrators (TPAs) as of 30 June, ahead of the formal launch of the Mandatory Health Insurance scheme called 'Dhamani'.

    Middle East | 15 Sep 2021
  • Bahrain: Insurance industry joins national eKYC platform

    Benefit, Bahrain's Electronic Network for Financial Transactions, has integrated the insurance sector into the national electronic Know-Your-Customer or eKYC platform.

    Middle East | 15 Sep 2021
  • China: Govt speeds up development of pensions

    The Chinese government has reiterated that it will promote private pension plans as it accelerates its efforts in developing a sustainable multi-tiered social security system that follows fair and uniform standards, according to the country's latest human rights action plan.

    Agents | 15 Sep 2021
  • Philippines: Huge potential seen for embedded insurance

    The growth prospects of embedded insurance in the Philippines are seen as huge as the insurance market as a whole remains under-penetrated, according to UBX Philippines Corp which is the FinTech arm of UnionBank of the Philippines.

    Asia | 15 Sep 2021
  • Hong Kong: Regulator extends the validity of temporary facilitative measures

    In view of the latest developments of the COVID-19 pandemic, Hong Kong's Insurance Authority (IA) has issued a circular to authorised long-term insurers, announcing the extension of temporary facilitative measures for non-face-to-face distribution of specific protective insurance products to 31 March 2022.

    Agents | 14 Sep 2021

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