Author: insurancejournalnews

Financial Supervisory Service recommends management improvement due to weak capital adequacy

Life insurance collections in Azerbaijan reached approximately 300 million manats in the first four months of the year, marking an 11% increase compared to the same period last year.

Cambodia’s insurance industry grew 6% in 1Q2025, driven by non-life business, with total gross premiums reaching $102.3m

A recent survey reveals that while more small businesses are investing in insurance, many owners remain unprepared for potential risks and find insurance confusing.

The Cambodian insurance industry recorded a 6% growth in total gross premiums to $102.3m in the first quarter of 2025, driven primarily by the non-life business segment.

South Korean insurance companies saw a 4.6% year-on-year increase in net income to $10.32 billion in 2024, driven primarily by higher investment income across both life and non-life insurance sectors.

Generali has completed the sale of its 100% stake in Generali Life Assurance Philippines, Inc. to The Insular Life Assurance Company, aligning with its strategic plan to drive sustainable growth and optimize its geographical footprint.

Japan’s four major life insurance companies reported record-high core profits driven by improved investment environment, including higher dividends from stock holdings and rising interest rates.

Guaranteed issue life insurance provides coverage without medical underwriting, but comes with higher premiums and limited benefits. Learn about its features, eligibility, and alternatives.

Learn about cash value life insurance policies, how they work, and the pros and cons of accessing your cash value through various methods.