Sumitomo Life expects insurance premium income to rise 3.7% to US$24.6 billion (JPY3.9 trillion) in fiscal year 2026 (FY 2026), whilst group core profit is projected to increase 2.9% to $2.6 billion (JPY420 billion).
Chubb Life Hong Kong has enhanced its flagship savings product, Chubb MyLegacy Insurance Plan V, with the introduction of a new three-year premium payment option designed to accelerate capital recovery and wealth accumulation.
Called "KB Just Right 0540 Health Insurance (Non-Participating)", it is a comprehensive health insurance plan designed to cover health risks that occur from childhood through adulthood.
About 89% of participants assess life insurance as essential, according to Vietnam Insurance Association (IAV).
The Life Insurance Corporation of India (LIC) will launch two new life insurance policies in June - the New Jeevan Sathi Single Premium and New Jeevan Sathi Limited Premium.
HSBC Life Singapore has launched HSBC Life Prestige Circle, a proposition for high-net-worth (HNW) clients that combines insurance with advisory, health, and lifestyle services.
AIA Singapore has launched a new critical illness plan, AIA Protect 3, as part of its 95th anniversary, targeting three of the most common serious health conditions in the country.
LIMRA and Prudential plc have signed a new memorandum of understanding (MOU), marking the next phase of a longstanding collaboration focused on supporting a future-ready agency team across Prudential's markets in Asia.
Manulife Singapore will make available the Shield multi-cancer detection (MCD) laboratory developed test in Singapore from May 2026 through its partnership with Guardant Health.
Kyobo Life has launched a new character named 'Kkook' inspired by emperor penguins. The company explained that it found the spirit of mutual aid in insurance reflected in how emperor penguins endure Antarctica's harsh cold by sharing body heat.
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