Swiss Re has appointed Ms Iris Cheung as Head, Life and Health (L&H) Reinsurance, Hong Kong and Taiwan, effective 1 November 2026.
Life insurance is facing a relevance challenge as 47% of consumers participating in a global survey say they are considering purchasing a life insurance policy, yet more than 40% of those feel confused, uncertain, or unconvinced with the information they find. As a result, one in four drop out of the purchase journey before completion according to the World Life Insurance Report 2027.
A new submission to a Australian Parliamentary Inquiry has said scrapping the extra private health insurance rebates given to older Australians would make the nation's health system fairer.
The 79th session of WHO Regional Committee for South-East Asia has adopted the Dili Declaration on accelerating progress towards Universal Health Coverage in the region.
Nepal may have to incur recovery and reconstruction expenses exceeding NPR723.32bn ($4.76bn) post BhoteKoshi flash floods of 26 August 2026. According to official sources the Himalayan nation suffered actual physical and economic losses to the extent of NPR408.30bn.
HSBC Life Singapore has launched two new insurance solutions, HSBC Life Term Protect Secure and HSBC Life Diamond Prestige IUL III, designed to provide greater flexibility across protection and wealth planning as longer lifespans reshape financial needs in Singapore.
The National Healthcare Security Administration (NHSA) has elevated the commercial medical insurance under the 15th Five-Year Plan covering the years 2026-2030, positioning commercial insurers as increasingly important participants in the country's multi-level medical security system.
China has taken a rare move to shore up its five state-owned insurance groups. It's pumping a total of $10.4bn (CNY70bn) of capital into these groups to fortify the sector.
Ten bank-affiliated insurance companies have posted a combined net profit of CNY25.26bn ($3.76bn) for the first half of this year, representing a dramatic year-on-year increase of 162.58%, with every one of them reporting profits.
Ping An Health Insurance Company of China (Ping An Health), the second-largest specialised health insurer in mainland China, maintained strong operating performance in 2025, delivering a return-on-equity (ROE) of over 20%, notes AM Best.