Insurance sector on the right growth track
The life insurance business, which accounted for 43% of the sector's total premium income, grew by N48 billion to N309 billion in the fourth quarter of 2022...
Tag : life insurance
FWD to sell TMB bancassurance contract to Prudential for $630 mn
Prudential’s Thai unit will acquire FWD’s exclusive rights to sell life insurance products using TMB Bank’s platform...
South Africa’s King Price buys Stangen, targets life insurance
King Price bought Stangen from African Phoenix Investments for R140 mn...
Egypt’s Misr Insurance targets 10% growth by June 2020
Chairperson Basel El Hini revealed that the company’s profits reached a record high of E£4 bn in 2019...
Political turmoil takes its toll on Hong Kong’s life insurance sector
Last November, the tourist footfalls from the Chinese mainland fell by 60 percent year-on-year....
Five firms in the fray to acquire Prudential Life Korea
Taiwan’s Fubon Financial Holdings is the sole foreign bidder while the remaining four are local financial firms...
Vietnam predicts over 18 percent insurance sector growth in 2020
At less than 1% of GDP, Vietnam has among the world's least life insurance penetration levels...
HSBC Insurance announces its new global head of product and actuarial
HSBC Insurance recently appointed former AIA Group Chief Financial Officer Alistair Chamberlain its global head of product and actuarial...
Thailand’s leading life insurance provider’s latest offering for customers of a digital age
Thailand’s Muang Thai Life Assurance has launched its strategy for the year titled Customer @ the Heart, which caters to the growing needs of a customer in a digital age...