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Life & Health tag returned 6858 results

  • Regulator issues exposure draft on universal life insurance

    The Life Insurance Department of the CBIRC has issued an exposure draft on universal life insurance that aims to consolidate for the first time various rules that are scattered over a number of documents governing this class of business.

    China | 22 Oct 2021
  • Claim, product & brand are top factors swaying insurance purchases

    Claim settlement, product and brand are the three most important factors that help consumers make up their mind in insurance purchasing decisions, according to a report released by the Waterdrop Insurance Users Research Centre.

    China | 22 Oct 2021
  • CBIRC does not rule out losses in some supplementary health insurance schemes

    Some of the more than 100 low-cost inclusive supplementary medical insurance schemes that have mushroomed across the country in recent months may suffer losses, said Mr Ye Yanfei, head of the Policy Research Bureau of the CBIRC.

    China | 22 Oct 2021
  • Slide continues in life and P&C insurance business of 5 major listed insurance groups

    The life insurance companies of the five major listed groups reported aggregate premium income of CNY1,314bn in the first three quarters of this year, a year-on-year decrease of 0.48%. Only the life insurance-only insurers, that is, China Life and New China, continued to report premium growth albeit at a much reduced pace than previously.

    China | 22 Oct 2021
  • Business weakens in September for 5 major A-share listed insurers

    Affected by a slowdown in life insurance business and the year-old comprehensive reform of auto insurance, the five major A-share listed insurance companies posted negative growth in premiums in aggregate in the first three quarters of this year. Aggregate premium income dipped by 0.97% year-on-year to CNY2.035tn ($318bn).

    China | 22 Oct 2021
  • Hong Kong: Well Link Life upgrades tax-deductible annuity plan

    Well Link Life Insurance Company (Well link Life) has announced an enhancement and upgrade of its tax-deductible deferred annuity plan, Well Enjoy Deferred Annuity Plan (Supreme). The enhanced features provide customers with more flexible options to meet different retirement and financial needs.

    Agents | 21 Oct 2021
  • Saudi Arabia: Health insurance regulator & central bank launch US$10m medical insurance fund

    The Council of Cooperative Health Insurance (CCHI) in coordination with the Saudi Central Bank has launched a $10m healthcare fund to cover expenses that exceed a person's insurance coverage.

    Middle East | 21 Oct 2021
  • Can insurers handle systemic cyber risk?

    The industry must continue its efforts to address cyber risk better said AIG president and CEO Peter Zaffino, during an Aon fireside chat.

    AIRPlus | 21 Oct 2021
  • Insurer investing in employee wellbeing

    Recognising the need to invest in caring for employees' mental wellbeing, MSIG Asia has been ramping up online activities to engage its employees since the pandemic outbreak on it virtual platforms.

    AIRPlus | 21 Oct 2021
  • Collaboration can bridge the insurance protection gap

    Speakers at the Annual Insurance Summit organised by the National Insurance Academy recently emphasised the need for collaboration between different stakeholders to bridge the insurance protection gap in the country.

    AIRPlus | 21 Oct 2021

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