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Life & Health tag returned 10128 results

  • March performance drives 1Q2024 topline of 5 biggest 'A'-listed insurance groups

    China's five major 'A-shares' listed insurance groups showed improvement in their topline performance in the single month of March 2024, which helped to narrow the decline in cumulative premium income in 1Q2024 compared to that in the first two months of the year.

    China | 19 Apr 2024
  • Fitch revises outlooks on 6 insurers to 'Negative' after sovereign rating action

    Fitch Ratings has affirmed the ratings of seven Chinese insurers, and revised the outlooks for six of these seven to 'Negative' while the outlook on the seventh remains 'Stable'.

    China | 19 Apr 2024
  • 4 shareholders of life insurer put up collective 65% stake for auction

    Four shareholders, planning a collective withdrawal from a life insurer, have posted for sale their combined 65% stake in the joint venture on the Beijing Equity Exchange with the offer starting on 12 April and closing on 24 May.

    China | 19 Apr 2024
  • Direct inter-provincial settlements by local medical funds jump fourfold

    The direct settlement of medical bills by patients outside of their home city or province in China jumped almost four times last year after local public health insurance systems were further integrated and expanded to cover more illnesses.

    China | 19 Apr 2024
  • China: Insurers and lenders urged to increase support for manufacturers

    Insurers and banks should step up medium- and long-term financial support to the manufacturing industry to make the industry more efficient, innovative and sustainable, according to a joint statement released by several government agencies.

    Asia | 19 Apr 2024
  • India: Max Life Insurance grows assets under management

    Max Life Insurance Company (Max Life), a joint venture between Max Financial Services Limited and Axis Bank Limited, has announced that it has achieved INR1.5 trillion of assets under management (AUM) by the end of March. The firm has reportedly registered a 20% growth rate year-over-year.

    Agents | 17 Apr 2024
  • Pakistan: Regulator says inclusive insurance is a priority

    The Securities and Exchange Commission of Pakistan (SECP) has issued a report that explores inclusive insurance in Pakistan, highlighting its untapped market potential.

    Asia | 18 Apr 2024
  • Taiwan: 3 April quake results so far in claims totalling at least US$23.5m

    The 3 April magnitude-7.2 Hualien earthquake has led to at least 472 insurance claims and resulted in losses amounting to at least NT$762m ($23.5m) as of 8 April, according to the Taiwan Residential Earthquake Insurance Fund (TREIF).

    Asia | 18 Apr 2024
  • UAE: Insurance market needs to work on growth areas other than health

    The UAE insurance sector posted higher premiums in the medical and property & liability insurance branches in 2023. But the industry needs to work on other areas too, says Mr Avinash Babur, CEO of InsuranceMarket.ae, an insurance brokerage which operates an online insurance platform.

    Middle East | 17 Apr 2024
  • Are foodborne pathogens increasing?

    The Canters for Disease Control and Prevention (CDC) in the US estimates that around 48m Americans fall ill every year from a foodborne illness, with 128,000 hospitalisations and 3,000 deaths. The CDC ranks Norovirus as the main culprit when it comes to illness, closely followed by Salmonella, Clostridium perfringens and Campylobacter according to a new Hiscox global insight blog.

    Asia Risk | 17 Apr 2024

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