All articles by Verdict Staff
Verdict Staff
Low penetration rates mean promising Thai life sector is ready for substantial growth
Increasing wealth and awareness combined with a low penetration rate should allow Thailands life sector to soar, if economic conditions dont deteriorate, according to the Life Insurance in Thailand report, Key Trends and Opportunities to 2017, available on the Insurance Intelligence Center.
Huge growth forecasted in emerging Vietnamese life sector
Vietnams strong economic environment and rising consumer awareness contributed to substantial recent growth in its life insurance segment, according to the Life Insurance in Vietnam report, Key Trends and Opportunities to 2017, available on the Insurance Intelligence Center.
The financial crisis and increased competition hits the Dutch life sector
The Life insurance sector suffered substantial declines and required government intervention following the global financial crisis, according to the Life Insurance in the Netherlands report, Key Trends and Opportunities to 2017, available on the Insurance Intelligence Center.
Strong UK Life segment recovering after falls during the financial crisis
The UK life sector dominated the overall insurance industry between 2008 and 2012, but the financial crisis caused the segment to contract in that period, according to the Life Insurance in the UK report, Key Trends and Opportunities to 2017, available on the Insurance Intelligence Center.
Edelweiss Tokio Life names new COO
Edelweiss Tokio Life Insurance Company has appointed Nilesh Parmar as the new chief operating officer (COO) for operations and technology.
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Reliance Life partners with five IRDA-approved insurance repositories
Reliance Life Insurance has teamed up with five insurance repositories in India to enable policyowners to hold life insurance policies in dematerialized (demat) form.
Japans Sumitomo to reportedly acquire stake in PT BNI Life Insurance
Japanese life insurer Sumitomo Life Insurance is reportedly buying a share in PT BNI Life Insurance, an arm of PT Bank Negara Indonesia, in a deal worth nearly $375m.
Indias insurance regulator advised to extend cover for HIV/AIDS affected
Indias Health and Family Welfare Ministry has advised Insurance Regulatory Development Authority (Irda) to make both life and health insurance cover available for people affected by HIV/AIDS.
NTA Life to implement EXL LifePRO policy administration platform
National Teachers Associates Life Insurance Company (NTA Life) has signed a deal to implement EXL’s policy administration platform, EXL LifePRO.
New India unveils new combination insurance product for lower income groups
New India Assurance has unveiled a new combination product that includes life, accident as well as medical covers, for lower income groups.