Tag Search Result

Show result per page
Page 1 of 603

Life & Health tag returned 6027 results

  • Proposed 5-year life insurance plan seeks to raise upper age limit for insurance coverage

    The CBIRC has drafted a five-year plan for life insurance that among other things would raise the upper age limit for insurance coverage so as to meet the protection needs of senior citizens older than 70.

    China | 09 Apr 2021
  • Authorities to sell Dajia Insurance Group -- Bloomberg

    China is reviving a sale of Dajia Insurance Group, the company that took over most of the operations of troubled Anbang Insurance Group, as the government seeks to turn the firm over to private investors, reported Bloomberg quoting people with knowledge of the matter.

    China | 09 Apr 2021
  • Several big life insurers cut agency force in 2020 in face of COVID-19

    China's major life insurers saw their agency forces vary in strength last year as they adopted different strategies to cope with the impact of the COVID-19 pandemic that affected face-to-face marketing.

    China | 09 Apr 2021
  • COVID-19 piles pressure on CPIC's new business value growth in 2020

    China Pacific Insurance (Group) Co (CPIC) has posted GWP of CNY362.06bn ($55.27bn) in 2020, a growth of 4.2% compared with 2019. Group operating profit after tax grew by 11.7% to CNY31.14bn last year, although group net profit reached CNY24.58bn, down by 11.4%.

    China | 09 Apr 2021
  • Taiping Insurance group sees lower profit in 2020

    Hong Kong-based Chinese state-owned insurance group, Taiping, has posted profit attributable to owners of HK$6.549bn in 2020, a decline of 27.3% over 2019. This was despite total premiums written and policy fees reported of HK$233.5bn ($30bn) last year, an increase of 4.7% over 2019.

    China | 09 Apr 2021
  • Proportion of men buying insurance is growing

    The proportion of male consumers who buy insurance has increased year by year, from 59.3% in 2016 to 72.7% in 2020, according to a report released by China Insurance Protection Fund.

    China | 09 Apr 2021
  • Singapore: Life insurers assert medical claims are major cause of higher costs

    The Life Insurance Association of Singapore (LIA) has said that health insurance claims accounted for 81% of the growth in costs experienced by private Integrated Plan (IP) portfolios from 2010 to 2019.

    Agents | 09 Apr 2021
  • Nearly half of global CEOs don't expect return to 'normal' until 2022

    The majority of global CEOs will wait for more than 50% of the population to be vaccinated before returning to the office and nine out of 10 leaders intend to ask their employees to report when they have been vaccinated in order to protect the wider workforce.

    AIRPlus | 09 Apr 2021
  • Hongkongers are the fourth most stressed population globally

    The overall wellbeing in Hong Kong improved slightly by 0.4 points between August and October 2020 (from 56.4 to 56.8) and was lower than the global average of 61.5 according to Hong Kong findings of the latest edition of Cigna COVID-19 Global Impact Study.

    AIRPlus | 09 Apr 2021
  • India: Group term life insurers alarmed at high claims ratio

    The claims ratio for group term life insurance (GTLI), a plain vanilla insurance product providing only death risk cover, has reached 200% at some insurers, says Mr Mani Kant, vice president of India Insure Risk Management & Insurance Broking Services.

    Asia | 09 Apr 2021