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Life & Health tag returned 2879 results

  • Australia:ASIC encourages retirement calculations that allow for maintaining living standards

    The Australian Securities and Investment Commission (ASIC) has amended the relief conditions for superannuation and retirement calculators. Specifically, ASIC has removed the requirement that superannuation and retirement calculators discount at a fixed rate of CPI - 2.5% - and instead encourages providers of these tools to use a higher rate that allows for rising community living standards beyond keeping up with inflation.

    Agents | 19 Jun 2019
  • Rise in working from home can lead to an increase in work-related injury claims

    Employers could soon encounter a growing number of claims for musculoskeletal disorders as more people start working from home.

    Asia Risk | 19 Jun 2019
  • UAE: Authorities to set strict guidelines on medical insurance payouts

    The Dubai Health Insurance Corporation (DIHC) is revising guidelines for medical insurance in the emirate and will put in place strict policies on the adjudication and settlement of medical insurance claims, according to Mr Saleh Al Hashimi, CEO of DHIC.

    Middle East | 19 Jun 2019
  • Singapore: P&C and life sectors expected to produce good returns

    Singapore's P&C industry is expected to reap a return on equity of 4%-7% and to have a net combined ratio of 90%-95% through 2020, says S&P Global Ratings.

    Asia | 19 Jun 2019
  • Australia: APRA urges insurers to develop plans to tackle financial sustainability

    The Australian Prudential Regulatory Authority (APRA) has warned private health insurers (PHIs) to urgently address rising challenges that threaten the sector's financial sustainability. Insurers that continue to take a passive approach can expect more assertive action from APRA, the regulator says.

    Asia | 19 Jun 2019
  • Your chance to catch internationally known Digital Marketing Strategist "live"

    Andrew Chow, digital market strategist and best-selling author, will open the 2019 Agency Innovation Conference - "Thriving in the Digital World" with his opening keynote address "How to Surf the Digital Transformation Wave with Ease".

    Agents | 18 Jun 2019
  • Bahrain: Insurance market grows by 6% in 2018

    Insurance premiums in Bahrain grew by 6% to BHD284m ($754m) in 2018, compared to 2017, due to key factors like economic growth, population expansion, as well as increasing life expectancy, a top regulatory official has said.

    Middle East | 18 Jun 2019
  • Saudi Arabia: Insurers see premium slowdown, yet several positive market factors prevail

    Premiums in the Saudi insurance market in 2018 witnessed the first-ever noticeable slowdown when they declined by 4% to SAR34.2bn ($9.1bn). This decrease pulled down the compound annual growth rate for the market to 3% for the last five years (2014-2018), down from 10% at the end of last year (2013-2017), according to an analysis by Arabian Shield Insurance in its report titled "Saudi Insurance Market 2018".

    Middle East | 18 Jun 2019
  • Agents are still preferred mode of insurance purchases in India

    More than half (55%) of Indian customers still prefer to buy insurance products from agents/brokers, with the conversion rate from the online mode standing at just around 4%, according to a survey by the international professional services firm PwC.

    Agents | 17 Jun 2019
  • Africa: Insurance markets return to growth

    Insurance markets in Africa have returned to a more stable environment following the 2015-16 deep and sudden recession, according to the Africa Insurance Barometer 2019 released last week by the African Insurance Organisation (AIO).

    Africa | 17 Jun 2019