Asia remains world’s largest life insurance market, finds Allianz Research study
Asia, marked by demographic aging, high savings rates, and less comprehensive pension systems, saw life insurance premiums growing by 9.9% in 2025...
Tag : life insurance
AI search outpaces Google in concentrating insurance visibility, says Somantra study
Among the major industry players, Allianz recorded the highest combined total at 13,437 mentions across Google AI Overviews and ChatGPT...
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...
LIA Singapore reports a 61% increase in sales in H1 2021
The growth represents the industry bouncing back from the slow sales observed in the first half of 2020 due to Covid-19 pandemic...
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...