News
Vietnam adds 35 diseases to social insurance coverage
4+ hour, 27+ min ago (153+ words) The rules apply under the 2024 Law on Social Insurance for work injury benefits. Vietnam's Ministry of Health has issued a new list of 35 occupational diseases that will be covered by social insurance (SI) benefits starting 15 February, under Circular 60/2025/TT-BYT dated…...
Capital rules force Indian insurers to curb aggressive discounting
4+ day, 10+ hour ago (603+ words) Aggressive discounting for short-term market share becomes harder to justify. India's life insurers are expected to rethink how they price and sell policies as tougher capital rules make it harder to push high volumes through deep discounts, according to a…...
GST exemption may squeeze India’s life insurers’ FY 2026 margins
1+ week, 4+ day ago (360+ words) Also, recent regulatory changes are expected to have mixed effects. India's life insurance premiums are expected to remain on a steady growth path over the next two years, supported by regulatory changes, rising coverage, and deeper private-sector participation, according to…...
2 in 5 Indians with disabilities lack health insurance
1+ mon, 3+ week ago (255+ words) Despite government intervention, many persons with disability are still left out of proper coverage. The majority of persons with disabilities in India have no health insurance, with eight in 10 stating they don't own and over half (53%) face rejection " often without…...
With Asia’s population getting older, the insurance industry has a chance to step up
4+ mon, 4+ week ago (740+ words) Some events that affect the insurance industry, such as floods or fires, happen all of a sudden. Others are more like tectonic plates'immensely powerful, but slow-moving. Asia's changing demographics are one of these." All across the region, birthrates are falling....
SBI Life Insurance launches flexible term cover with three plan options
5+ mon, 5+ day ago (160+ words) SBI Life Insurance has launched a new individual, non-linked, non-participating, pure risk life insurance cover, amidst demand for a flexible and scalable term insurance plan. The plan offers three options " Level Cover, Increasing Cover, and Level Cover with Future Proofing…...
Bridging the protection gap: Bancassurance and life insurance in Cambodia's ASEAN context
5+ mon, 1+ week ago (1063+ words) Across ASEAN, families are increasingly vulnerable to economic shocks'from pandemics to climate-related disasters, from medical emergencies to sudden job loss. The COVID-19 crisis reminded us how fragile household finances can be, especially for those without formal safety nets." Life insurance,…...
Income Insurance launches grant with NCSS to aid caregivers
5+ mon, 3+ week ago (232+ words) The insurer will fund up to 20 SSA-run programmes over two grant calls from 2025-2030. Income Insurance and the National Council of Social Service (NCSS) have partnered to launch the Income OrangeAid Caregiver Support Accelerator Grant, aimed at strengthening caregiver support in…...
Blue Cross expands GBA healthcare access with cross-border partners
7+ mon, 1+ week ago (180+ words) Individual and group medical insurance holders can access medical consultations. Blue Cross (Asia Pacific) Insurance has partnered with United Family Healthcare (UFH), Hong Kong Integrated Oncology Centre (HKIOC), HEAL Oncology under New Frontier Group, and Zhongshan Chen Xinghai Hospital to…...
Rising claims pressure Singapore insurers’ profit margins
7+ mon, 2+ week ago (749+ words) Rising claims pressure Singapore insurers" profit margins Despite strong premium growth in 2024, long-term profitability challenges insurers. Singapore"s general insurance sector expanded in 2024, but rising claims and global uncertainties have put margins under pressure'raising key questions around how insurers manage…...