...Niva Bupa Health Insurance Company is launching an initial public offer comprising a fresh issue of equity shares worth INR8bn ($95m) and an Offer for Sale (OFS) amounting to INR14bn, totaling INR22bn....
Source : eDaily | 04 Nov 2024...life segment, with rising EV sales and new regulations emerging. Enhanced data, capital, and risk management strategies are essential for insurers to navigate the evolving regulatory landscape....
Source : eDaily | 04 Nov 2024...Life has higher investment leverage and forex risks than regional peers. This is common across Taiwan's life insurance sector....
Source : eDaily | 01 Nov 2024...life and general insurers have struggled to generate positive returns for their investors. To compete with large, well-capitalised players, the smaller players should focus on achieving economies of...
Source : eDaily | 01 Nov 2024...-life insurance accounted for 75% of the total.
In addition, motor insurance generated a turnover of TND818.6m in the first six months of this year, rising by 7.9% y...
Source : MEIR | Nov 2024...Life insurance
QNB Insurance CEO Pinar Kuris said that income per household in Türkiye has decreased. “So, the accumulated amount for the long-term (insurance...
Source : MEIR | Nov 2024...Life Assurance Association vice-president Sara Lamsam highlighted the importance of knowledge sharing to foster sustainable growth across insurance markets.
Through...
Source : MEIR | Nov 2024...life, Saudi Arabia’s sports sector is experiencing unprecedented growth. The nation’s investments in sports infrastructure, international events and high-profile athletes have significant...
Source : MEIR | Nov 2024...Life insurance outlook
Mr Al Khomashi sees substantial potential for growth in the life segment. “As financial literacy improves, there is an opportunity for life...
Source : MEIR | Nov 2024...life insurance premiums.
The gross paid claims of all types of insurance plans increased by 34% y-o-y to AED18.9bn in 1H 2024, largely driven by the rise in claims...
Source : MEIR | Nov 2024...lifestyles and genetic predispositions. More non-communicable lifestyle diseases like cancer, obesity and respiratory illnesses are also on the rise.
The World Obes...
Source : MEIR | Nov 2024...life insurance penetration notwithstanding, the UAE life insurance market has immense potential. Pragmatic support by the regulator, increasing awareness of financial protection and technical innovat...
Source : MEIR | Nov 2024.../life sector is still settling down from significant changes from BoD-49 in 2020.”
The Insurance Authority board of directors’ decision no 49, commonly k...
Source : MEIR | Nov 2024...life, MENA Samer Nahhas said, “Takaful in the UAE, however, faces several challenges, especially given the country’s largely expatriate (around 80%) population.
...
Source : MEIR | Nov 2024...life insurance business saw a decline of around 13% (according to the CBUAE’s report). What is the main driver for this growth?
The pandemic in 2020 and 2021 led t...
Source : MEIR | Nov 2024...life and non-life insurers on policy-related matters.
Ms Hui handles large-scale insurance litigation work, including defending personal injury and employees’...
Source : AIR | Nov 2024...-life insurance industry reported a 7% year-on-year increase in gross direct premium (GDPU) underwritten to INR1,539bn ($18.3bn) in the first three quarters of this year, according to provisional data...
Source : AIR | Nov 2024...Life Assurance Association vice-president Sara Lamsam highlighted the importance of knowledge sharing to foster sustainable growth across insurance markets.
Through...
Source : AIR | Nov 2024...life and medical claims for fraud.
In insurance
According to Mr Piesse, an exercise wa...
Source : AIR | Nov 2024...Life Re’s Mr Ong Qian Hao and FWD Group’s...
Source : AIR | Nov 2024...life and non-life insurance
In the life insurance segment, around 55% of market share is held by public sector insurance companies namely State Life Insurance Corporatio...
Source : AIR | Nov 2024...Life insurance market on high growth trajectory
Data from the Life Insurance Association Singapore (LIA) reveals that Singapore’s life insurance industry achieved...
Source : AIR | Nov 2024...life insurers cope? Sun Life’s Mr Karim Gilani elaborates on the important role life insu...
Source : AIR | Nov 2024...life insurance policies often express concerns about the complexity of policies – for example, use of technical jargon and legal language or policy exclusions, it said.
...
Source : AIR | Nov 2024...life and health insurers assess the risks of their prospective customers through generic self-declarations and initial one-time health investigation reports. They use their actuarial tables and the h...
Source : AIR | Nov 2024...Life and health (re)insurance in Asia is facing various challenges, from ageing to the rise of chronic disease and future pandemics. We spoke to Swiss Re...
Source : AIR | Nov 2024...life insurance, which attracted customers with higher returns at maturity in the life insurance sector.
In the non-life insurance sector, health and accident insura...
Source : AIR | Nov 2024...life insurance sector experienced modest 0.2% growth in gross premiums, reaching PHP309bn ($5.5bn), while the non-life insurance sector saw a 13% increase, with total gross premiums written of PHP121...
Source : AIR | Nov 2024...Financial institutions in South Korea, including insurance companies, have been busy with plans to attract customers who wish to switch the companies managing their pension accounts....
Source : eDaily | 31 Oct 2024...Insurance company board directors have been challenged to do more to ensure customers are treated fairly amid a groundswell of complaints about health, life, home and motor policies, a paper published by the Actuaries Institute suggests....
Source : eDaily | 31 Oct 2024...China has introduced a series of new birth support policies aimed at building a society more conducive to raising children, as the nation confronts profound demographic challenges posed by its rapidly aging population....
Source : eDaily | 30 Oct 2024...life market. The sector is expected to see an...
Source : MiddleEast | 29 Oct 2024...Life Insurance (Thailand), said, "Our mission is to safeguard and support our customers at every stage of life.
“This partnership with True Digital Gro...
Source : Agent | 29 Oct 2024...life insurance premiums amounting to CNY164.9bn in 2023. The large population and growing middle-class have propelled strong demand for life insurance. With its economic scale, Shandong is a driver o...
Source : eDaily | 29 Oct 2024...life insurers would be able to give their customers about their own products when they ask for it, and at no extra cost to the customer....
Source : eDaily | 29 Oct 2024- Source : eDaily | 29 Oct 2024
...life and health, and hence exploring combined product offerings by the private sector will be critical if a unified proposition is to be rolled out....
Source : eDaily | 29 Oct 2024...life insurance sector accounted for 64% of the industry’s gross premiums written in 2023, while the non-life sector comprises 36%....
Source : eDaily | 28 Oct 2024...Prudential Hong Kong (Prudential) is proud to be the first insurer in Hong Kong to launch MedScreen+, an innovative digital underwriting tool developed in collaboration with Reinsurance Group of America (RGA), a leading global life and health reinsurer....
Source : Agent | 27 Oct 2024...life insurer OneSpark in August this year....
Source : Africa | 27 Oct 2024...life insurance with an insurance period of five years or more and an accumulation period or a payment period designed in accordance with the characteristics of pension security, commercial pensions,...
Source : eCin | 25 Oct 2024...life insurance units....
Source : eDaily | 25 Oct 2024...life insurance company in India, the report said, citing people familiar with the matter....
Source : eDaily | 25 Oct 2024...Life for an RGA subsidiary to reinsure a KRW200bn in-force block of life policies through co-insurance. This was the first cross-jurisdictional coinsurance transaction in South Korea. ...
Source : eDaily | 25 Oct 2024...Global marine insurance premiums in 2023 totalled $38.9bn - a 5.9% increase over 2022, according to the International Union of Marine Insurance (IUMI)....
Source : eDaily | 24 Oct 2024...Australia's retirement income system has slid to the sixth place among 48 pension systems worldwide in 2024 from the fifth best among the 47 markets in 2023, according to the Mercer CFA Institute Global Pension Index 2024....
Source : eDaily | 23 Oct 2024...life and general insurance, as joint ventures with Allianz SE which holds the balance 26% stake.”...
Source : eDaily | 23 Oct 2024...Starr Insurance has announced that South Korea's Financial Services Commission has granted Starr International Insurance (Singapore) Pte Ltd, Korea branch, a licence to operate in Seoul and begin selling commercial property and casualty insurance throughout Korea....
Source : eDaily | 22 Oct 2024...lifestyle choices contribute to skyrocketing medical expenses for heart treatments," said Policybazaar head of health insurance Siddharth Singhal....
Source : eDaily | 22 Oct 2024...Australia's House Standing Committee on Economics has released 86 recommendations in a report on an inquiry into insurers' responses to 2022 major floods claims....
Source : eDaily | 21 Oct 2024