Revenue increased 12.6% year on year. Ping An Insurance (Group) Company of China, Ltd.’s first half 2026 (H1 2026) net profit attributable to shareholders of the parent company rose 36.1%…
Read article →The insurer has occupied the district since 2011. Prudential Hong Kong Limited has signed an agreement with Swire Properties to expand its office accommodation at Taikoo Place, taking its total…
Read article →This comes as 78% of adults in the city-state worry about outliving their savings. Manulife Singapore has launched Manulife Indexed Wealth (MIW) and Manulife Indexed Income (MII), two Singapore-dollar-denominated Indexed…
Read article →Japan Post taps KKR for overseas business access. Japanese life insurers are expected to form more partnerships with global asset managers as they increase their exposure to private credit and…
Read article →Shareholders received $3.6b through dividends and buy-backs. AIA Group Limited’s consolidated net profit for the six months ended 30 June jumped 69.2% year-on-year (YoY) to $4.3b. AIA Group reported a…
Read article →Seven heavy users were owned by private equity managers. Offshore reinsurance accounted for more than 56% of ceded US annuity reserves, including modified coinsurance reserves, in 2025, as insurers increased…
Read article →Overseas business reached $2.4b after a 43% rise. Sumitomo Life Insurance Company returned to profitability in the first quarter of fiscal year 2026 (Q1 2026), driven by strong growth in…
Read article →ICICI Prudential Life and Axis Max Life back offering. Policybazaar has launched a dedicated term insurance plan for students, developed with its insurer partners, aimed at extending life cover to…
Read article →Insurance revenue eased to $4.3b during the period. HDI Global reported a 7% increase in net income to $249.6m (EUR292m) in the first half of 2026 (H1 2026), compared with…
Read article →More than half expect careers beyond conventional exit age. Singapore’s high-net-worth individuals are increasingly working past traditional retirement age and restructuring their finances to support longer lives, though many still…
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