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Life & Health tag returned 7914 results

  • China Life to delist from NYSE

    The board of directors of China Life Insurance has announced that the company will apply for the voluntary delisting of its American depositary shares (ADSs) from the New York Stock Exchange (NYSE) and the deregistration of such ADSs and underlying overseas listed shares (the H shares).

    Asia | 15 Aug 2022
  • New Zealand: Dai-ichi Life Holdings to take over Kiwi insurer Partners Life

    Dai-ichi Life Holdings has announced its acquisition of 100% of the shares in Partners Group Holdings Limited, the parent company of Partners Life for NZ$980m ($630m). Dai-ichi Life will acquire the company through its wholly owned subsidiary Dai-ichi Life Insurance International Holdings, which controls the group's overseas business.

    Asia | 15 Aug 2022
  • India: Health insurer to receive US$82m fresh funds from prospective new investor

    A wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA) will invest INR6.55bn ($82.26m) for a 9.99% stake in Aditya Birla Health Insurance (ABHI), a joint venture of Aditya Birla Capital (ABCL) and Momentum Metropolitan Strategic Investments (MMH).

    Asia | 15 Aug 2022
  • Malaysia: AIA forms partnership with digital mental health platform

    AIA Malaysia has entered into a strategic partnership with Southeast Asian-based digital mental health platform ThoughtFull to provide their corporate customers with end-to-end mental health support as part of the AIA Corporate Solutions portfolio.

    Asia | 15 Aug 2022
  • UAE: Insurance market to expand by 5% this year in terms of GPW

    Gross Premiums Written (GPW) in the UAE are predicted to grow by approximately 5% in 2022, says S&P Global Ratings.

    Middle East | 14 Aug 2022
  • Turkiye: Insurance sector's GWP soar by 93% in 1H in nominal terms

    Total premiums in Turkiye's insurance sector surged by 93% in the first half of this year to TRY90.9bn ($5.1bn) compared to the corresponding period of the previous year, according to statistics from the Insurance Association of Turkiye (TSB).

    Middle East | 14 Aug 2022
  • UAE: ADNIC reports 1H2022 GWP of over US$1.2bn

    Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for both corporates and individuals, recorded gross written premiums of AED3.23bn ($1.21bn)in the first half of 2022. This represents an increase of 20.9%, compared to AED2.67bn for the corresponding period in 2021.

    Middle East | 14 Aug 2022
  • UAE: Emirates Insurance's underwriting and operating performance seen as strong

    Emirates Insurance (EIC) has a track record of strong operating performance, reporting a five-year (2017-2021) weighted average return on equity of 9.5%, says AM Best.

    Middle East | 14 Aug 2022
  • Life insurers turn to incremental wholelife insurance to boost sales

    Under pressure to grow their business, top listed life insurers in China are adjusting their product strategies rapidly. Among several new products launched, incremental wholelife insurance plans have become a large source of revenue for insurance companies.

    China | 12 Aug 2022
  • Era of rapid growth of critical illness insurance business seen to be over

    Life insurers posted health insurance premiums of CNY418.4bn in the first half of this year, a year-on-year increase of 1.21%. This marginal growth, or slower pace of increase, is explained by new critical illness (CI) insurance business that plunged by more than 30% in the first six months.

    China | 12 Aug 2022

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