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Although, interest surplus remains the primary driver of profitability. Taiwan ’s life insurance industry is expected to remain volatile in 2025 due to shifting components of operating surpluses, according to a report by Taiwan Ratings Corp. (TRC), a subsidiary of S&P Global Ratings . Interest surplus remains the primary driver of profitability, followed by mortality and loading surpluses. However, rising losses on health insurance products are reducing the mortality surplus buffer, increasing earnings volatility. The report highlights that medical insurance loss experience is deteriorating faster than other health insurance products. Insurers could mitigate these challenges by introducing new policies with built-in risk management tools, such as claim payment limits, non-guaranteed renewals, and adjustable premium rates. These measur...

The Kenyan boda boda industry is set for enhanced safety and insurance coverage following initiatives by the government and stakeholders such as Expendo Mobility. Stakeholders in the transport industry, in collaboration with the NTSA, launched an initiative allowing boda boda riders to acquire driving licenses by paying KSh 100 daily. The Automobile Association of Kenya and NTSA, through an initiative dubbed 'Licence na Mia' have significantly subsidised the cost of training motorbike riders on riding, road safety, defensive driving and response to emergencies as a measure of reducing road carnage. Boda boda hospital insurance In a parallel move, other stakeholders, Expendo, have launched a programme allowing boda boda riders to get health coverage for accidents by paying KSh 50 daily. Speaking to .co.ke, Expendo Mobility director Paul Mwandoe explained that the company saw an urgent need to build inclusive, affordable, and tech-driven micro-insurance solution...