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AIA Singapore's 2019 operating profit hikes 6% to $583m
Total weighted premium income rose 8% to $2.91m.
AIA Singapore's 2019 operating profit hikes 6% to $583m
Total weighted premium income rose 8% to $2.91m.
Why you shouldn't miss the inaugural Insurance Asia Forum 2020
Hear from the region’s top insurance execs on how to stay ahead of changing industry trends.
Prudential Singapore, UOB launch women's savings account
It offers free insurance coverage against six women-related cancers.
AXA rolls out COVID-19 care package
Customers hospitalised due to the virus will receive $200 per day.
AXA Asia's total revenue hits $10.6b in 2019
Overall Asian APE rose 1% due to better sales in Japan, China, and Hong Kong.
Coronavirus likely to hurt Ping An's business in H1 2020
Agent-driven sales have slowed down due to the virus.
Prudential Singapore commits $1.5m COVID relief package
Affected SME clients can defer their premium payments for up to three months.
Great Eastern's profit climbed 36% to $1b in FY2019
Profit from its shareholders’ fund surged 266% to $277m from higher valuation.
Asian insurtechs raised over $3b in 121 deals since 2015
Total capital raised jumped at a CAGR of 155.6% between 2016 and 2019 to over $970m.
Singapore's PDPC warns AXA, NTUC over data breaches
Policyholders' personal data were sent over emails to unintended recipients.
HSBC Life Singapore extends coronavirus benefits to customers
Customers may receive $1,000 in the event that they contract nCov in Singapore.
China's insurance sector face limited impact from coronavirus
But prolonged disruption could hurt their investments.
Singapore health insurance business premiums hit $465.7m in Q4 2019
IPs and IP rider premiums comprised $419.7m of the amount.
Singapore life insurance business premiums up 0.4% to $4.3b in Q4 2019
Total sum assured for new businesses grew 7% YoY to $149.5b.
Ping An's CT imaging vehicle at Wuhan to help treat pneumonia related to 2019 nCov
Medical staff can perform lung CT scans faster for patients in quarantine.
HSBC Life extends nCov benefit programme to families of policyholders
Policyholders and families will receive complimentary benefits starting 1 February.
Slowing economy to drag on Indian insurers' premium growth
But the low rate of insurance penetration is an opportunity for continued expansion.
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1. OCBC courts Great Eastern with S$1.4b offer 2. Manulife Singapore upgrades income-generating product 3. Pressures mount for less desirable energy insurance placements 4. Sun Life's Asia business reports $177m for Q1'24 net income 5. Italian insurance-financial firm opens office in SingaporeResource Center
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Proactive dialogue with regulators, embracing tech advancements are key to preemptive compliance – EY's Anita Sun-Young Bong
![Proactive dialogue with regulators, embracing tech advancements are key to preemptive compliance – EY's Anita Sun-Young Bong]()
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The EY Partner reiterated that though innovation carries inherent risks, balancing it with risk management through crisis simulation systems ensures sustainable progress.
The EY Partner reiterated that though innovation carries inherent risks, balancing it with risk management through crisis simulation systems ensures sustainable progress.
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1. OCBC courts Great Eastern with S$1.4b offer 2. Manulife Singapore upgrades income-generating product 3. Pressures mount for less desirable energy insurance placements 4. Sun Life's Asia business reports $177m for Q1'24 net income 5. Italian insurance-financial firm opens office in SingaporeAwards
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Firewalls are never enough