The Indonesian insurance industry will face great opportunities as well as significant challenges in 2025, a senior official of the Financial Services Authority (OJK) has said.
Sales commissions paid to insurance agents will be distributed monthly over a period of 3-7 years to improve the retention rate of insurance policies, beginning in the first quarter of next year.
Any steps taken by the IRDAI to limit the business share of life insurance companies from the parent bank channel or bancassurance channel will be misdirected and stifle the growth of the sector, while not addressing the actual underlying problem of rampant mis-selling, said an Emkay Research...
The period of benign weather this year has meant insurer profits have increased substantially, especially...
As Malaysia aims to become a leading destination for medical tourism, the costs of infrastructure, technology...
China's National Financial Regulatory Administration and the US Treasury's Federal Insurance Office have signed a memorandum of understanding (MOU)...
Howden Asia has appointed Mr Rohan Bhappu as deputy CEO, effective June 2025. He will then become CEO on 1 October 2025.
Tahoe Life Insurance has appointed Mr Glen Ho and Mr Ivan Chan as joint and several managers.
Nippon Life has appointed Mr Hiroshi Shimizu as chairman and Mr Satoshi Asahi as president. Both appointments are effective 1 April 2025.
Hong Kong's insurance regulator, the Insurance Authority (IA), has appointed its non-executive directors.
In the wake of the cease-and-desist orders and the surcharge payment orders issued by the Japan Fair Trade Commission (JFTC) to four member companies...