Life insurance News - The Latest News, Insight, Commentary & Analysis at Asian Business Review

Life insurance

Nina Ong drives AI and talent upgrades at Great Eastern Life

The big boss credits their edge to diversity: over a third of senior roles are women.
6 days ago

7 in 10 Filipinos delay retirement due to financial insecurity

Many are unsure they can retire, and half say they need to save more first.

Hong Kong insurers post weaker 2024 as premiums slip

This is based on the recent data released by the Insurance Authority for the 2024 fiscal year.

Singapore investment-linked products grab 44% of new life business

LIA Singapore logged $5.2b weighted premiums in 2025 up 11.3% on 2024.

Philippines’ insurance penetration stalls at 1.79% as payouts hit $3b

Density jumps to ₱4,414.58 in 2025, crossing ₱4,000 for the first time in 10 years.

Indonesia life premiums fall 1.1% in 9M 2025 despite coverage jump

Insured lives climbed 12.8% to 151.56 million by September 2025.

Japan life premiums grow 5.4% CAGR amidst yield volatility

Gross written premiums are projected to reach $334b by 2030 following a 2024 contraction.

HK-China insurers target offshore wealth as agent count hits 5.5-year high

Expanding HK talent schemes drove life insurance agent numbers up 9% by December 2025.

Philippines pre-need premiums rise to $300m

Industry sold 690,064 plans by Q3 2025 up from 509323 a year earlier.

Singapore life insurers log $5.16b as LIA flags 2026 caution

Industry expands 11.3% in 2025 whilst leadership signals unpredictability ahead.

Taiwan insurance profits plummet 43.3% to $6.2b in December

Total industry earnings sink as life insurance sector profits halve in 2025.

Hong Kong insurance hiring spikes amidst $55b premium windfall

Massive H1 2025 revenue fuels aggressive hiring for digital transformation roles.

Only 33% of retirees expect savings to last a decade: Axis Max Life

Even amongst those with health insurance 67% fear financial shortfall.

Seven in 10 Asians forced to work past retirement: Sun Life

Nearly two-thirds of those working late cite the urgent need for daily expense income.

Hong Kong insurance gains momentum as mainland arrivals climb 19%

December visitor traffic hit 4.7 million reinforcing cross-border premium growth channels

Cambodia insurance premiums slip 0.1% as policy count drops 14%

The regulator reported 485,575 policies in November 2025.