Once regarded as the "No. 1 developer" in China, Vanke has rattled both the real estate and insurance sectors by proposing to extend repayment of principal and interest on a CNY2bn ($283m) medium-term onshore note due this year-end by one year.
High net worth individuals (HNWIs) in China are eyeing insurance (47% of HNWIs surveyed), gold (42%), and equities (34%) as the top three asset classes to which they plan to increase allocation of their money in the next year, according to the paper, "Mapping the Investment Landscape for China HNWI 2025".
Party Secretary and Chairman of China Re Asset Management, Mr Li Wei, has said that insurance asset managers have to become "friends of Time", adopting long-term perspectives, patiently cultivating value and adapting to change with keen insight and strong learning capabilities.
Global specialist asset manager, Aberdeen Investments, announced the appointments of Mr Alan Koey and Ms Echo Yang as Senior Solutions Directors to its Strategic Insurance Group in APAC.
The life insurance market in Egypt is undergoing a noticeable shift in customer preferences, with rising demand for investment-linked products over traditional policies that have been heavily impacted by decades of high inflation, according to the Insurers Federation of Egypt (IFE).
China's insurance asset management industry oversaw CNY33.3tn ($4.7tn) in assets at the end of 2024, up by 10.6% year-on-year, according to the "China Insurance Asset Management Industry Development Report (2025)" released by the Insurance Asset Management Association of China.
The African Trade and Investment Development Insurance (ATIDI), a pan-African multilateral development insurer, has officially published its Climate Change Policy.
The life insurance industry in Singapore continues to shift due to technological innovation, evolving consumer demands for long-term protection needs and ongoing geopolitical concerns.
The Central Bank of the UAE has revealed a strong increase in assets invested within the insurance sector, rising to AED 84.9bn ($23.1bn) at the end of 2024--equivalent to 59.2% of total sector assets and up from AED 77.2bn (54.6%) as of the end of 2023.
President Lai Ching-te (???) announced on Monday that Taiwan's National Health Insurance budget is projected to reach a record NT$1tn (approximately $31.8bn) next year.