Net profit from insurance operations nearly doubled (increased by 96.2%) or KRW492.3bn last year to reach KRW1bn in aggregate for South Korea's 10 financial holding groups, data from the Financial Supervisory Service show.
UAE publicly-listed companies, including insurers, have begun reporting their exposure if any to NMC Health, the embattled healthcare operator, which is at risk of being placed into administration.
A news report by Thomson Reuters Foundation says leading health experts are of the opinion that the coronavirus pandemic is a preview of the types of global health threats that will emerge as the planet becomes hotter and how it is tackled will have implications for dealing with climate threats as well.
If you're an agency leader, director or a recruiter, this training video is for you. Specially crafted by Performance Breakthrough Coach, Jensen Siaw, this video is a follow up from part 1.
New life and family takaful business in Malaysia performed better (+11%) in the second half of 2019 relative to the same period last year, notes Bank Negara Malaysia (BNM) in its financial stability report for 2H2019 released last week.
Concerns are growing that Korean life insurers would be besieged by the same problems as those encountered by their Japanese counterparts two decades ago that saw seven Japanese life insurers go bankrupt between 1997 and 2001.
General and standalone health insurance companies in India are launching a standard health insurance policy known as Arogya Sanjeevani after the IRDAI cleared the plan for launch on 1 April.
Australia's private health insurers are set to enjoy a windfall of between A$3.5bn ($2.2bn) and A$5.5bn over the next six months, according to a study by the think tank, The Australia Institute.
The Financial Supervisory Commission (FSC) has approved a pilot project involving a joint blockchain platform by a group of life and P&C insurance companies.
By now, you've heard the phrase 'flatten the curve' numerous times to describe slowing the growth of the COVID-19 outbreak. Flattening the curve is critical to avoid overwhelming our healthcare infrastructure. In theory, the number of new cases per day may slow down if the right isolation and mitigation measures are taken.