Ping An Good Doctor has released its 2024 annual results, marking its first full-year profit. The company reported total revenue of CNY4.81bn ($664.98 m), with an adjusted net profit of CNY158m. Revenue from its comprehensive financial client (F-end) and corporate client (B-end) businesses grew 17.2% year-on-year.
These are the highlights for all events and updates across the industry this week.
These are the updates on insurance regulation across China this week.
Malaysia's financial regulator Bank Negara Malaysia (BNM) in collaboration with the ministry of health and the Employees Provident Fund will develop a basic health insurance and also takaful products that will provide value-based healthcare.
More than 90% of village clinics in China have their services now covered by basic medical insurance according to China National Health Commission (CNHC).
Prudential Hong Kong has appointed Mr Abhishek Kumar as CRO and Ms Grace Lee as general counsel. They will also be members of the Hong Kong Executive Committee.
Nearly four in 10 (37%) of young Nigerians polled in a recent survey said that they had never heard of health insurance before, revealing an alarming gap in healthcare awareness in this demographic group.
Gross written premiums for the insurance industry in Egypt registered notable growth rates in 2024 with takaful contributions, in particular, showing outstanding performance.
AM Best's ratings of (re)insurers in the Middle East and North Africa (MENA) have generally trended positively. This is despite challenging regional geopolitical conditions, says the global credit rating agency.
This year's Asia Trusted Life Agents & Advisers Awards (ATLAA), the region's most prestigious Awards recognising the best in financial advisory with an independently audited judging process, is now open for nominations.