A new round of adjustments to the pricing interest rates for life insurance products is imminent, as insurers prepare to file new product launches and recalibrate distribution strategies in anticipation of a shift in the rate environment.
At the 2025 Lujiazui Forum held on 18 June, the National Financial Regulatory Administration (NFRA) director Li Yunze said that China's three-pillar pension system remains imbalanced, with the third pillar starting relatively late and holding significant potential for future development.
These are the highlights for events and updates across the insurance industry this week.
The Thai insurance regulator has asked all insurance companies to manage (customer) complaints more quickly, more transparently, and with improved efficiency. It has said the insurers should ensure that all complaints and disputes are resolved by arbitration or even by mediation at the pre-arbitration level to reduce complaints and resolve them as soon as possible.
Employees in the Middle East are worried about their health, with half of respondents to a survey saying that they feel stressed in everyday life.
Chubb Life Hong Kong has opened its first wealth centre, Chubb 1792 Club, located at The Gateway in Tsim Sha Tsui.
Inflation has a multifaceted impact on insurers and consumers, QBE Asia CEO Rob Kosova said in an exclusive interview.
The Financial Regulatory Authority (FRA) is extending the grace period for insurers to adhere to the Unified Insurance Law by a year, starting on 11 July.
S&P Global Ratings has upgraded the long-term issuer credit and insurer financial strength ratings for Al-Khaleej Takaful Insurance Co (AKTI) to 'A-' from 'BBB+' (positive). The outlook is 'Stable'.
The influx of patients from neighbouring countries has created huge stress on the Thai healthcare system, and the country is looking to health insurance to bail them out