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Life & Health tag returned 10106 results

  • Life insurance agency force continues to shrink in 2023

    The total number of agents of six mainland Chinese-run listed insurance companies was 1.66m in 2023, a year-on-year fall of 19% or a reduction of 380,000 from 2022, according to data released in the 2023 financial statements of the insurers.

    China | 12 Apr 2024
  • Regulator tightens list of taboo life insurance practices

    The National Administration of Financial Regulation (NAFR) has issued the 2024 edition of its negative list for life insurance products, with 94 taboo practices on the new list.

    China | 12 Apr 2024
  • Vietnam: Insurance market sees premium growth continue to slow in 1Q2024

    Vietnam's total insurance premium revenue in the first quarter of 2024 continued to decrease, falling for the fourth consecutive quarter, according to data from the General Statistics Office.

    Asia | 12 Apr 2024
  • India: Customer satisfaction score of top 12 life insurance brands remains stagnant from 2023 to 2024

    Customer satisfaction has been a key aim for life insurance companies. However, the annual survey by Hansa Research, a market research company, called "Investor CuES" which measures customer satisfaction of the life insurance industry using a metric called 'Net Promoter Score' (NPS) shows stagnation in this important area in the last one year from 2023 to 2024.

    Agents | 10 Apr 2024
  • Philippines: Non-life sector drives profit growth in 2023

    The Insurance Commission (IC) has announced that the net income of the insurance industry, comprising life and non-life insurance companies and mutual benefit associations (MBAs), reached PHP48.46bn ($848m) in 2023, 3.8% higher than the PHP46.69bn chalked up in 2022.

    Asia | 11 Apr 2024
  • Thailand: Second biggest life insurer earns record net profits in 2023

    Thai Life Insurance Public Company (TLI), the country's second-largest life insurer, has reported a record high of THB9,707m ($265m) in net profits in 2023, an increase of 4.8% from 2022, mainly driven by a strong growth of insurance profit at 12.5%.

    Asia | 11 Apr 2024
  • India: South African insurance giant signs deal to increase stakes in life & non-life JVs

    Africa's largest non-banking financial services group Sanlam, through its wholly owned subsidiary Sanlam Emerging Markets Mauritius, has announced that an agreement has been reached to increase the Sanlam Group's effective shareholdings in two Indian insurance companies. The deal, when completed, will make Sanlam the majority shareholder in both JVs.

    Asia | 11 Apr 2024
  • Asia struggles to contain record e-waste

    Asia's per capita burden of junked 'phones and other electronic and electrical gadgets is still low, but it struggles to contain this e-waste deluge that is gradually building up according to a new report by the UN.

    Asia Risk | 10 Apr 2024
  • Majority of recent CO2 emissions linked to 57 producers

    A new report shows that most global CO2 emissions produced since the Paris agreement can be traced to a small group of 57 high emitters who are failing to slow production. These 57 corporate and state entities can be linked to 80% of fossil fuel and cement CO2 emissions from 2016 through 2022.

    Asia Risk | 10 Apr 2024
  • Vietnam: Drought and salinity damages lead to huge agricultural losses

    Saline intrusion and drought in the Mekong Delta region of Vietnam could cause $2.82bn in agricultural losses over a 10-year period according to a recent survey.

    Asia Risk | 10 Apr 2024

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