Insurance spending per capita increased by 30% to SAR2,034 ($541.50) in 2023 from SAR1,564 in 2022 in Saudi Arabia, according to the Insurance Authority (IA).
The UAE has sustained a high vitality score of 72.5 in Cigna's latest International Health Study, demonstrating the positive impact of the nation's commitment to whole-person health.
The insurance industry in Singapore is in a prime position to reshape how graduates perceive career opportunities within the sector, according to new research commissioned by Canopius Group (Canopius), an international specialty and P&C (re)insurer.
Retail health insurance currently accounts for around 39% of the overall health insurance, having grown at a CAGR of 17.7% between FY2018 and FY2024 (fiscal year ended 31 March 2024), according to Bupa Niva Health Insurance in its draft red herring prospectus as the insurer launches an initial public offer.
Pacific Life Re and Kakao Pay Insurance have signed a Memorandum of Understanding (MoU) to provide sustainable and innovative life insurance solutions in South Korea.
FWD Group Holdings has announced strong new business growth highlights for the nine months ended 30 September 2024.
The insurance sector in the UAE, both conventional and Islamic, is expected to grow by 15-20% in 2024, according to S&P Global Ratings (S&P).
Called "Jongbo Inheritance Insurance", the product is a life insurance that can manage funds for inheritance and utilise various funds, focusing on the original value of life insurance and providing high death guarantees.
Price Forbes Singapore has appointed Ms Jennifer Gray as director of professional risks and healthcare. In her new role, she will focus on effectively managing and expanding Price Forbes' professional lines and healthcare portfolio, leveraging her experience to drive growth through both domestic and international markets.
Niva Bupa Health Insurance Company has announced the price band for its upcoming IPO at INR70 ($0.83) to INR74 per share. The nominal value of each share is INR10.