Prime Minister Li Qiang, in delivering the government work report at the opening yesterday of the annual National People's Congress meeting, highlighted several targets for the insurance industry.
A delegate of China's top advisory body, the Chinese People's Political Consultative Conference (CPPCC), currently holding its annual meeting in Beijing, has recommended that insurance companies increase their value to the community by providing care services to the elderly who live alone.
Indonesia's Financial Services Authority (OJK) is continuing to tighten oversight of financially troubled insurance companies.
Bharti AXA Life has entered into a strategic bancassurance partnership with Equitas Small Finance Bank.
The government is increasing the investment limit for pension funds and insurance companies in the capital market from 8% to 20% of their total investments.
Concerns have been raised over remarks in Parliament by the Finance Minister II suggesting that Employees Provident Fund (EPF) savings could be used to pay premiums for the proposed base medical health insurance and takaful (MHIT) plan.
As the traditional Indian joint family structure shifts toward nuclear families and urban migration, two key groups are shaping the country's changing retirement mindset, according to a new study.
More people are turning to generative AI for financial decisions, according to the findings of a study by Sun Life.
India's Union Minister for Finance and Corporate Affairs, Mrs Nirmala Sitharaman, yesterday presented the Union Budget for the financial year 2026-2027 in Parliament. Reacting to Mrs Sitharaman's nearly 90-minute-long Budget speech, the Indian insurance industry describes it as one that lays out the government's economic roadmap anchored in growth, investment and fiscal stability.
Zurich Malaysia and Kenanga Investment Bank (Kenanga Group) have entered into a strategic partnership to expand the delivery of insurance and takaful solutions across general insurance, life insurance, and family takaful.