Life insurance is a crucial aspect of financial planning and provides a safety net for individuals and their dependents. In recent years, the middle market segment has gained prominence in the life insurance industry and demonstrated its potential to scale. The middle consumer refers to households or individuals who fall into the $50,000 to $200,000 […]
In life and property insurance, the different trends have continued so far: According to Morgan Stanley, the earnings of the former are exceeding expectations, while the growth of the latter is falling short of expectations. In a recent update on the state of the life and property and casualty insurance industry, Morgan Stanley analysts said […]
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Life insurance companies’ investment returns fell 30 percent year-on-year to Rp11.46 trillion ($713.6 million) in the first six months of this year. The decline was mainly due to unit-linked products, which insurers invested in equities and mutual fund instruments. According to the Financial Services Authority (OJK), stocks and mutual funds accounted for around 26 and […]
