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Singapore: Life insurance sector achieves strong growth for 2024
14 Feb 2025 04:28 GMT
… challenging macro-environment, Singapore’s life insurance industry continues to make strides … needs of Singapore residents.
Meanwhile, single premium products recorded a decrease of … only decrease in uptake of single premium products in the year, bringing …
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What is Guaranteed Return Plans in Life Insurance?
13 Feb 2025 20:43 GMT
… in an unpredictable world. Life insurance is a crucial tool in … return plan is a life insurance policy that ensures fixed … you to either pay a single premium or opt for recurring … of Guaranteed Return Plans in Life Insurance
Guaranteed return plans offer …
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AM Best Affirms Credit Ratings of The Dai-ichi Life Insurance Company, Limited
13 Feb 2025 15:31 GMT
… -” (Superior) of The Dai-ichi Life Insurance Company, Limited (DL) (Japan), the … demand for foreign currency-denominated single premium products in Japan and increased … -ichi Frontier Life Insurance Co., Ltd., and The Neo First Life Insurance Company, Limited …
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Life insurance sales in S’pore up nearly 20% in 2024, driven by surge in investment-linked plans
13 Feb 2025 09:17 GMT
… plans helped Singapore’s life insurance business to recover … to figures from the Life Insurance Association (LIA) Singapore … a drop in the single premium business.
LIA attributed the … as these policies provide life insurance protection while offering higher …
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Singapore life insurance records higher 2024 sales as annual premium sales climbs
13 Feb 2025 07:40 GMT
… the quarter, said the Life Insurance Association Singapore (LIA) … total weighted premiums for single-premium policies fell 26.3 … as these policies provide life insurance protection while potentially … in 2024, the (life insurance) sector has remained resilient …
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FWD Hong Kong outperforming industry average with about 50% APE and FYP growth in the first three quarters of 2024 Firmly positioned as a top five Pan-Asian insurer by business scale in Hong Kong
14 Feb 2025 11:25 GMT
… ’s individual life new business single premium sales once again ranked first … case count, net growth of life insurance intermediaries’ headcount, tied agency channel …
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AM Best assigns ratings to Bermuda’s Soteria Reinsurance
13 Feb 2025 22:54 GMT
… Fidelity Investments Life Insurance Company. These deals include single premium immediate annuities and single premium deferred …
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Viewpoint: New Year, Old Challenges for European Insurers
13 Feb 2025 07:08 GMT
… diverging between countries.
Life Insurance
Competition from banks … than low-yield life insurance products, which … attractive guaranteed returns. Life insurance products remain attractive … business volumes in single-premium life insurance are likely to …
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How did Singapore’s life insurers fare in 2024?
13 Feb 2025 04:32 GMT
… products.
Singapore’s life insurance industry recorded a 19 … year, according to the Life Insurance Association, Singapore (LIA Singapore … rise.
In contrast, single premium products declined by 26. … total weighted premiums of single premium products to $1.22b …
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AM Best Assigns Credit Ratings to Soteria Reinsurance Ltd.
12 Feb 2025 22:15 GMT
… Fidelity Investments Life Insurance Company. These deals include Single Premium Immediate Annuities and Single Premium Deferred …
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