Bupa Arabia for Cooperative Insurance Company (Bupa Arabia or the Company) has announced that its shareholders have approved the demerger of the Company's assets and liabilities.
Prudential Life has partnered TMB Thanachart Bank (TTB) to debut TTB US Multi-Asset Index Principal Protect 15/5 Life Insurance - an innovative financial product that combines life protection with the opportunity for high returns from investments in the US through the benchmark index, Citi QuantCube Multi-Asset.
Prudential Financial's Japanese life insurance division has reported that several employees working through contracted agencies accessed and circulated internal operational information to colleagues within the company.
Cancer remains a major driver of life and health insurance claims, but recent research has revealed risk patterns with significant implications for the industry.
The number of Filipinos expected to work beyond the typical retirement age is rising, according to a recent survey by life insurer Sun Life. The study, titled "Retirement Reimagined: Asia's Retirement Divide", found that 72% of respondents anticipate continuing work past age 65.
AIA Life Insurance Korea has secured a nine-month exclusive usage right from the Life Insurance Association of Korea for its new rider designed to cover cancer treatments based on advanced medical technologies.
The population of Japan has continued to shrink, with the number of births in Japan falling for the 10th straight year in 2025, according to official data. Preliminary data from the Japanese Ministry of Health shows that in 2025, a total of 705,809 babies were born, down by 2.1% from 2024.
The Commissioner for Insurance and CEO of the National Insurance Commission, Mr Olusegun Omosehin, has emphasised the need for sustained collaboration among stakeholders to drive meaningful change in the insurance industry.
Prime Minister Li Qiang, in delivering the government work report at the opening yesterday of the annual National People's Congress meeting, highlighted several targets for the insurance industry.
The Philippine pre-need industry posted double-digit growth at the end of 2025, with total net worth reaching PHP33.87bn ($577.26M), a figure 21.04% higher than that recorded a year earlier. Data from the Philippine Insurance Commission also showed retained earnings increasing by 39.57%, accounting for 73.48% of total net worth.