Qatar's insurance industry will launch climate insurance products, according to the Qatar Central Bank's (QCB) recently launched its third financial sector strategy.
The Australian Prudential Regulation Authority (APRA) has published findings of a survey on the sustainability of group life insurance in superannuation, undertaken by a sample of registrable superannuation entity (RSE) licensees, life insurers and reinsurers.
The insurance industry in Pakistan chalked up revenue growth of 27% increase in 2022, with the direct gross underwritten premium amounting to PKR579bn ($2bn), compared to PKR455bn in 2021, according to the 2023 annual report of the Securities & Exchange Commission of Pakistan (SECP).
2024 marks the 20th anniversary of the launch of enterprise annuity plans which form the second pillar of China's pension system. While enterprise annuity business has expanded over the years, reform would accelerate its growth, say industry observers.
China is expected to be the biggest market for new life insurance savings by 2023, a gain of 2.7ppt over 2022, according to a report by Swiss Re Institute (SRI).
India is the most attractive emerging market among respondents to a survey on investments by public pension and sovereign funds.
The tax framework in Morocco has undergone significant changes, some of which have had a negative impact on long-term savings, according to Mr Mohamed Hassan Bensalah, the president of the Moroccan Insurance Federation (FMA).
The key finding of a study on retirement savings highlights that 97% of businesses in Kenya are aware of the various retirement savings options available.
Australia should reimagine its retirement ecosystem so people can easily access targeted support to plan their futures and fund their lifestyles by having greater work flexibility and access to equity in their homes, if they can and wish to do so, a paper published by the Actuaries Institute says.
New research shows that among non-retirees, features deemed very important when selecting a retirement income product include having an income that will last for life (52%), receiving guaranteed minimum payments (47%), and having flexible access to capital (43%).