Browsing: Life Insurance

Kyobo Life Insurance is expanding its focus on asset management through a Financial Services Commission (FSC) approved project using aircraft engine-based trusts. This move aims to broaden investment opportunities and strengthen the company’s position as a comprehensive asset manager.

A Santaquin registered nurse is under arrest, accused of fatally poisoning her friend with insulin to obtain life insurance funds.

The Financial Services Commission (FSC) has given the green light for Samsung Life Insurance to integrate Samsung Fire & Marine Insurance as a subsidiary.

The Indian life insurance industry saw a slight dip in overall premiums, but private insurers showed resilience.

Chubb Life Hong Kong has introduced a new critical illness insurance plan, the Serene Care Critical Illness Protector, offering coverage for 144 illnesses and four payment options.

An analysis of the potential impact of LIC’s entry into the health insurance market, considering its distribution network, potential for cross-subsidization, and regulatory implications.

A look at Ping An’s financial report, focusing on agent recovery and life insurance performance.

China Life’s 2024 claims data shows a record payout exceeding CNY40 million, highlighting the impact of major claims.

AIA Life Insurance, the wholly-owned subsidiary of AIA Group Limited in mainland China, saw significant gains in 2024, with new business value up 20% and annualized new premiums increasing by 10%.

Insurance companies in China have been hit with a significant number of fines this year, reflecting increased regulatory scrutiny.