The life insurance industry in China can build a digital ecosystem platform centred on the family, with family accounts as its core, to ease concerns over insurance's ability to meet needs, suggested the Chairman of China Merchants Renhe Life Insurance, Mr Huang Zhiwei.
China's employee medical insurance personal account system has made a formal transition to a new nationwide family scheme, under which funds in personal medical insurance accounts can be used directly across provinces for relatives' medical treatment, medication expenses and insurance contributions.
Insurers in China, including foreign-owned companies, are responding enthusiastically to the National Financial Regulatory Authority's (NFRA) recent relaxation of rules on participating insurance policies relating to health insurance.
Japan's life insurance industry will focus on three key areas in 2026: strengthening customer trust, promoting sustainability, and improving public understanding. This is according to a New Year's message from Life Insurance Association of Japan (LIAJ) Chairperson Yukinori Takada.
Multinational bank HSBC Holdings Plc is reportedly considering selling its insurance unit in Singapore.
Prudential plc has announced that Sir Douglas Flint will be appointed as a Non-Executive Director and Chair-Designate.
AXA Egypt has announced that it is consolidating its operations in the Egyptian market under one AXA umbrella, in a strategic step aimed at enhancing the integration of the group's various activities, and providing integrated solutions involving insurance, healthcare and financial inclusion.
Most young adults in Singapore still want a real person by their side when making important insurance decisions, even as apps and AI become part of everyday life, a new Prudential study shows.
Sun Life has announced the appointment of Frankie Leung as the new Chief Agency Officer for Asia, effective 16 March 2026.
Sustained use of GLP-1 therapies (a class of medications used to manage Type-2 diabetes) can significantly reduce medical cost growth over the long term for employers and improve workforce health outcomes, according to the latest report by Aon.