Several insurance industry players attended the "Insurance for All" Vision Meet held last week to craft a foundational framework that would guide the vision of achieving "Insurance for All" by 2047.
Collaboration is the key to improving access and quality of health insurance services for the Indonesian people, according to the chairman of the Indonesian Insurance Council (DAI), Mr Yulius Billy Bhayangkara.
An increase in the demand for longevity solutions is necessary for insurers to be incentivised to develop a business case to invest in this arena, and accurately and sustainably price risks.
SCOR has appointed Ms Chloe Wang as head of SCOR L&H APAC. This newly created role was formed by combining L&H fast growth markets APAC and L&H mature markets APAC.
Ping An Insurance (Group) Company of China (Ping An or the Group) yesterday announced that it posted net profits attributable to shareholders of the parent company of CNY74,619m ($10,443m) in the first half of this year, 6.8% higher than in the corresponding half in 2023.
China's five major 'A'-share listed insurance companies have posted a combined premium income of CNY1.95tn ($2.74bn) in the first seven months, a year-on-year increase of 3.49%.
The premium income of the life insurance business (not including health and annuity) of the five major 'A'-listed insurers have continued to pick up. In the first seven months of this year, their combined premium income totalled about CNY1.23tn, with a year-on-year increase of 2.64%.
AIA China delivered a 36% growth in the value of new business (VONB) to a record high of $782m in the first half of 2024, according to interim financial statements released yesterday by the AIA Group.
One of China's biggest insurance groups, China Pacific Insurance (Group) [CPIC Group], could see its elevated large holding of high-risk assets heighten the Group's vulnerability to credit and market risk, in the view of S&P Global Ratings [S&P].
The Australian and New Zealand Institute of Insurance and Finance (ANZIIF) has announced the winners of the 20th Australian Insurance Industry Awards.