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

Life insurance

South Korean insurers bag $10b in profits for 2024

The increase was mainly driven by higher investment income across life and non-life.
3 days ago

How did the Philippines’ insurance market perform in Q1 2025?

The commission expects this momentum to continue through the year.
4 days ago

India's life insurers report 8.4% rise in premiums for April 2025

Growth in individual non-single premium policies declined by 13.6% YoY.

Singapore life insurance industry sees 10.9% growth in Q1 2025 premiums

The growth was led by the double-digit increase in annual premium policies.

Hong Kong’s insurance premiums reach $83b in 2024

Both long-term and general insurance sectors registered notable increases.

Singlife Financial Advisers CEO to stick to growth roadmap

The market is ever changing, and SFA would adjust its strategy and pivot when needed.

Vietnam’s life insurance sector slated for dip this 2025

This follows consecutive contractions of 12% in 2023 and an estimated 5.7% in 2024

Singapore moms juggle family tasks and money matters

Their finances have improved relative to when their mothers were their age.

Philippine pre-need income doubles in Q4 2024

Also, the sector’s total assets grew by 8.12%.

What challenges Asian women's financial readiness?

Healthcare costs are a significant barrier to financial security.

How did Singapore’s life insurers fare in 2024?

The industry's growth was influenced by higher demand for annual premium products.

Singapore's life insurers eye growth in 2025

The push for innovative healthcare solutions amidst medical inflation is a challenge.

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.