Sun Life of Canada (Philippines) has introduced Sun Life Wealth Prosper 7, a limited-offer life insurance product with seven-year coverage and a guaranteed annual payout of 4.50% of the one-time premium payment.
The Pan-Asia Risk and Insurance Management Association (PARIMA) will host its Singapore Conference 2026, beginning with a one-day Masterclass on 14 October, followed by the conference on 15 October 2026.
MSIG Hong Kong has appointed Mr Billy Wong as CUO, effective 2 September 2026.
Verisk, a leading global data analytics and technology provider to the insurance industry, has based senior leadership of Life & Health in Singapore.
The National Insurance Commission (NAICOM) has released a five-year reform programme to lift Nigeria's insurance penetration and expand coverage to 25m Nigerians.
China's five major 'A'-share listed insurers have reported a surge in first-half earnings, with combined attributable net profit rising 78.1% year on year to a record CNY317.39bn ($47.22bn), as stronger investment returns and improving insurance operations boosted profitability.
China's five major 'A'-listed insurance giants plan to distribute a combined CNY39bn ($5.8bn) in cash dividends for the first six months of the year, following record half-year net profits.
The reinsurance operations of the China Taiping Insurance Group (Taiping) have posted a 9.6% increase in consolidated reinsurance revenue of HK$4.56bn ($582m) for the first six months of this year, compared to the first half of 2025, according to interim financial statements released by the group.
Community-acquired pneumonia III topped the medical conditions with the highest payouts from the Philippine Health Insurance Corp. (PhilHealth) in the first half of 2026, receiving PHP12.76bn ($215.1m) in healthcare claim payments.
Samsung's insurance businesses are reportedly pursuing two major overseas investments that could together be worth as much as $6.6bn, as the South Korean group looks to expand beyond its domestic market. Samsung Fire & Marine Insurance is in talks over an additional stake in London-based specialty (re)insurer Canopius, while Samsung Life Insurance is considering an investment of about 15% in US retirement and asset-management company Principal Financial Group (PFG), according to South Korean financial media.