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Life insurance

Singapore's life insurers eye growth in 2025

Singapore's life insurers eye growth in 2025

The push for innovative healthcare solutions amid slow medical inflation is a challenge. 
12 hours ago

India’s insurance penetration slumps to 3.7% in FY 23-24

Insurance density in India rose slightly, from $92 in FY 22-23 to $95 in FY 23-24. 

South Korean insurers bag $80b in premiums for H1 2024

Net income of all insurers for H1 2024 amounted to $6.49b.

Top 50 list shows recovery in Hong Kong’s insurance premiums

Only four segments in the top 10, all life insurers, posted growth in 2023.

Japan’s insurance sector sees stability amidst premium boom

Premium income has increased over the past two years.

Taiwan insurers' profits jump 70.2% in October

Life insurance enterprises accounted for $9.50b of the total.

Top 50 list shows worsening dip in Singapore’s insurance premiums

The thriving nonlife business offset life insurance’s poor showing in 2023.

China's personal insurance sector to grow 5% to 10% annually

Pension and health products are expected to account for 50% of the market by 2035.

114 million Indonesians insured in H1 2024, up 28.4%

Bancassurance generated the highest premium income at $2.33b.

Asia leads in embedded insurance, set to reach $170b by 2030

70% of global losses between 2016 and 2023 from natural disasters are uninsured.

Japan’s life insurance slated for 4.7% CAGR through 2029

The industry is forecasted to expand by 6.8% in 2024.

India's life insurance growth slows to 10.6% in October

The industry is expected to grow by 1% to 13% over the next three to five years.

Taiwan insurance sector profits rise to $9.8b, up 3.5% YoY in September

Both life and non-life sectors recorded double-digit growth.

SG life sector’s weighted new business premiums surge 24% YoY in 9M 2024

Q3 2024’s weighted new business premiums grew by 18.2% YoY.

Malaysia’s life insurance market to hit $17.2b by 2028

Endowment insurance is projected to represent 77.3% of total DWP.

HSBC Life to keep using tech to stay on top in Hong Kong

The life insurer wants to offer solutions beyond traditional products, its CEO says.

Malaysia warns of downside risks for insurers from market volatility

Overall profitability of ITO funds increased in the first half of 2024.