Asuransi

The board of Grupo Mutua approved the acquisition of the remaining 55% stake in Seguros del Estado and Seguros de Vida del Estado, securing full ownership of both companies.

Minggu, 10 Mei 2026 Dilaporkan oleh AI

The Financial Regulatory Authority issued Decision No. 70 of 2026 to regulate takaful insurance activities. The framework aims to revitalise the market in line with the Unified Insurance Law.

Life insurance sales in Hong Kong rose 50.6% to a record US$42.2 billion last year, driven by affluent customers seeking wealth transfer, protection and medical coverage. Paul Murray, CEO of Swiss Re’s life and health business, attributed the growth to more wealthy individuals establishing family offices in the city. Hong Kong’s lack of estate duty and tax incentives for single family offices since 2023 have drawn high-net-worth families.

Rabu, 22 April 2026 Dilaporkan oleh AI

Jio Financial Services (JFSL) and Allianz Group entered a binding agreement on Wednesday to form a 50:50 primary insurance joint venture covering general and health insurance in India. The JV will launch operations upon receiving necessary statutory and regulatory approvals. JFSL and Allianz are also working toward a separate binding agreement for life insurance business in India.