The Sanlam group's operating earnings rose 14% year on year to ZAR8.1bn ($496m) at end-1H2025, following a strong result in 2024, notes Fitch Ratings. This was driven by general insurance (up 42%), with continued strength in life and health (up 15%) and credit and structuring (up 18%). Investment management saw a smaller increase of 8%.
AmMetLife Insurance has appointed Mr Wan Saifulrizal Wan Ismail as CEO. He has nearly 30 years of experience in the insurance and takaful industries, including as an industry regulator, actuary and senior leader across insurance and takaful organisations.
Cathay Life Insurance has appointed Mr Lin Chao-Ting as President, subjective to regulatory approval.
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.