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Life & Health tag returned 5695 results

  • Saudi Arabia: Insurance M&A Activity increasing despite challenges

    The changing regulatory landscape, higher minimum capital requirements, and the fragmented market will further drive M&A activity for Saudi Arabian insurance companies, says Fitch Ratings in a new report.

    Middle East | 24 Jan 2021
  • Lebanon: Beirut blast insurance payouts to date reach 3.6% of total

    Insurance companies have paid only 3.6% of about $1.5bn in insured losses arising from last year's 4 August explosion in Beirut Port, as they await the results of investigations into the incident.

    Middle East | 24 Jan 2021
  • 5 major A-share listed insurers' premiums slow in 2020 despite explosive health insurance growth

    The five major A-share listed insurance companies in China have posted an aggregate premium income of CNY2.49tn ($385bn) in 2020, an increase of 3.65% compared to 2019.

    China | 22 Jan 2021
  • Regulator to update and publish regularly "negative list" for life insurance products

    The life insurance supervision department of the CBIRC has established a new "negative list" for life insurance products in order to further regulate the product development and management at life insurance companies, curb life insurance product risks, and protect the interests of consumers.

    China | 22 Jan 2021
  • Mutual health assistance platform exits market

    China's leading on-demand food delivery firm Meituan has announced that it is to shut down its mutual aid platform, which offers financial aid for medical treatment by getting members to club together and share expenses equally, as regulators toughen their stance on the overextension of Internet-based giants into peripheral fields that lack regulation.

    China | 22 Jan 2021
  • Ant Group loses head of insurance department

    The general manager of Ant Group's insurance business department has quit to work for traditional insurer Sunshine Property and Casualty Insurance amid growing uncertainty over the future of the firm's online insurance operations, Shanghai Securities News has reported.

    China | 22 Jan 2021
  • Couples deterred from having second child by high cost of raising kids

    Several polls have shown one main reason that couples in China are reluctant to have more than one child is the high cost of raising children, says Yuan Xin, a professor at the Institute of Population and Development of Nankai University.

    China | 22 Jan 2021
  • India: Insurers set to withstand economic downturn -- Moody's

    Indian insurers look set to withstand the economic downturn, as general insurance premium growth will remain in positive territory and life premiums will remain broadly flat despite the weakening economy, says Moody's Investors Service says in a new report.

    Asia | 22 Jan 2021
  • China: Central bank's poll shows more wish to increase savings

    China's urban residents showed a strong willingness to save more in the coming months and a declining appetite for consumption and investment, according to the latest survey from the country's central bank, the People's Bank of China (PBOC).

    Asia | 22 Jan 2021
  • Singapore: Great Eastern extends protection of GREAT Vaccine Fund

    Leading insurer Great Eastern yesterday announced that its S$1m ($756,000) GREAT Vaccine Fund launched on 15 January for its customers is now expanded to cover the customers' immediate family members, employees and financial representatives and their respective immediate family members.

    Asia | 22 Jan 2021

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