As Malaysia steadily moves to join the comity of ageing Asian nations, it is also planning to introduce a major reform by bringing in a mandatory national long-term care insurance scheme. This could transform the whole system of elderly care and its funding in the country.
South Korean insurers denied payouts in 85.8% of all insurance-related damage relief filings received during 2025, according to an analysis released recently by the Korea Consumer Agency.
Over 2000 facilities under the Guaranteed and Accessible Medications for Outpatient Treatment (GAMOT) package providers nationwide are ready to give GAMOT members 75 essential medicines at no cost, according to the Philippine Health Insurance Corporation (PhilHealth).
Daiichi Life has launched SMARTCare Medical, its first medical reimbursement rider, designed to meet the diverse healthcare needs of Cambodian families.
Abu Dhabi National Insurance Company (ADNIC) has announced the appointment of Mr Jugal Madaan as Acting CEO.
The first three months of this year represent an encouraging but narrowly concentrated step forward for the Saudi insurance industry, with a few standout exceptions, according to international actuarial and risk solutions company BADRI Management Consultancy.
Four companies have applied for the final licence for standalone medical insurance companies, the Chairman of the Financial Regulatory Authority (FRA), Dr Islam Azzam, has revealed.
India continues to have relatively low insurance penetration, but awareness of life insurance is rising among younger consumers. According to Go Digit Life Insurance's "Transparency Report 4.0", young Indians are increasingly purchasing life insurance at an earlier age compared to previous generations.
3IF Ventures (the Fund), the first impact venture capital fund dedicated to Africa's insurance start-up ecosystem, has announced the First Close of the Inclusive Insurance Investment Fund (3IF Ventures) at $12m.
Sumitomo Life expects insurance premium income to rise 3.7% to US$24.6 billion (JPY3.9 trillion) in fiscal year 2026 (FY 2026), whilst group core profit is projected to increase 2.9% to $2.6 billion (JPY420 billion).