The plan blends guaranteed and variable income components for lifetime retirement payouts. Aditya Birla Sun Life Insurance Company Limited (ABSLI) has secured approval from the Insurance Regulatory and Development Authority…
Read article →The appointment takes effect 1 March from the insurer Singapore branch. HDI Global Singapore has appointed Haris Michaels as the new head of Energy and Power for the Eastern Region,…
Read article →Insurance earnings slid 32% YoY. Hanwha Life Insurance’s fiscal year 2025 net income was $220m (KRW313b), dipping 56.5% year-on-year (YoY). Insurance profit also fell 32% YoY to $240m (KRW344b), whilst…
Read article →Net premiums written increased 4.4% year on year to $13.4b for the quarter. Tokio Marine’s third-quarter net income attributable to the parent climbed 4.0% year-on-year (YoY) to $5.8b (JPY899.2b). The…
Read article →He joined the firm in September 2025 and brings over 15 years in health benefits work. WTW has appointed Han Wei Fong as country leader for Singapore, effective 1 March.…
Read article →The plan is described as non participating universal life designed to provide income through indexed crediting. Singlife has launched Singlife Legacy Indexed Income, a whole-of-life, non-participating universal life plan that…
Read article →Manulife and Mahindra & Mahindra appointed Suresh Agarwal as CEO designate. The insurance industry from 23 to 27 February saw strategic partnerships and acquisitions, major financing activity, distribution tie-ups, and…
Read article →S&P Global Ratings suggests MS&AD may avoid large investments for at least 2 years. China Pacific Insurance (Group) Co. Ltd. raised more money than any other insurance company in the…
Read article →60% of insured travellers are parents and seniors boosting medical protection uptake. Insurance purchases linked to destination weddings grew by 27.4% between 2023 and 2024, with the same growth rate…
Read article →The sector is at $5.2b today with adoption spreading across payers and administrators. The global claims processing software market was valued at $5.2b and is projected to reach $10.1b by…
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