News Life and Health

India: Private life insurers' growth rate outpaces LIC's in first-year business in Sep

Life insurers posted a 14% year-on-year growth in new business premiums to INR350.2bn ($4.2bn) in the month of September, primarily driven by a surge in individual non-single premium collections, according to data released by the Life...

AIR team | 16 Oct 2024

China: Number of seniors aged at least 60 forms over 20% of total population

China's population aged 60 and above reached nearly 297m in 2023, accounting for 21.1% of the total, according to an official report released jointly by the Ministry of Civil Affairs and China National Committee on Ageing.

AIR team | 15 Oct 2024

India: Number of subscribers of social pension scheme crosses 70m-mark

Atal Pension Yojana (APY), a government-backed pension scheme in India, primarily targeted at the unorganised sector, has attracted total enrolments of more than 70m since its launch in May 2015, according to the Pension Fund Regulatory...

AIR team | 15 Oct 2024

Taiwan: Shareholders of Shin Kong and Taishin financial holding groups vote for merger

Shareholders of Shin Kong Financial Holding and Taishin Financial Holding have voted to merge their two groups, that would create Taiwan's fourth-biggest financial services group.

AIR team | 11 Oct 2024

Japan: Sumitomo Life's underwriting profitability gradually recovers

AIR team | 11 Oct 2024

Australia: Financial stress among working Australians at 'decade highs' per AMP survey

AIR team | 10 Oct 2024

India: Biggest insurer reportedly reduces sales commissions on higher surrender-value rules

AIR team | 10 Oct 2024

China: Authorities to develop points system to curb medical insurance fraud

AIR team | 10 Oct 2024

Past Articles

India: Standalone health insurer receives rating upgrade

09 Oct 2024

India: Govt launches children's savings plan that will become a pension fund account at age of majority

08 Oct 2024

Japan: Meiji Yasuda Life sees recovery in underwriting profitability

07 Oct 2024

New Zealand: More than 90% of Kiwis polled are concerned about financial matters

07 Oct 2024

Malaysia: Shift in consumer preferences dent sales of participating life insurance plans

04 Oct 2024

Pakistan: SECP issues draft regulatory rules for online distribution of life insurance products

04 Oct 2024

Asia Pacific: Survey highlights wide gaps between the "have's" and "have not's" in retirement planning

04 Oct 2024

Taiwan Life is the territory's first insurer to invest in health villages

03 Oct 2024

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