The life insurance industry in Singapore continues to shift due to technological innovation, evolving consumer demands for long-term protection needs and ongoing geopolitical concerns.
The Central Bank of the UAE has revealed a strong increase in assets invested within the insurance sector, rising to AED 84.9bn ($23.1bn) at the end of 2024--equivalent to 59.2% of total sector assets and up from AED 77.2bn (54.6%) as of the end of 2023.
President Lai Ching-te (???) announced on Monday that Taiwan's National Health Insurance budget is projected to reach a record NT$1tn (approximately $31.8bn) next year.
China's CNY11.39tn ($1.59tn) asset-management trust market is on the verge of a structural change.
Société Nationale d'Assurance (SAA), the biggest insurer in Algeria, has a track record of adequate operating performance, with a five-year weighted average return on equity of 6.6%, as calculated by AM Best.
Egypt's Financial Regulatory Authority (FRA) is allowing life insurance companies to invest directly in precious metals, including gold, in a decision that is the first of its kind in the Egyptian market.
China's ageing population and rising demand for elderly care are deepening the link between insurers and capital markets, with real estate investment trust (REITs) and Asset-backed securities (ABS) emerging as key tools to unlock assets and attract long-term capital.
Zurich Insurance is reportedly rolling out its private credit strategy in the Asia-Pacific region, starting with Australia, where it has committed US$170m to tap into investment opportunities in local assets.
The Annuity Working Group (AWG), formed by the Securities and Exchange Commission of Pakistan (SECP), has proposed the development of a regulatory framework to guide pension fund managers in dealings with fund participants at retirement age.
A new report by the International Association of Insurance Supervisors (IAIS) examines the potential financial stability implications of natural catastrophe insurance protection gaps.