News
GX Bank, Zurich Malaysia ink 10-year bancassurance partnership
They will co-create micro digital insurance products for Malaysians.
GX Bank, Zurich Malaysia ink 10-year bancassurance partnership
They will co-create micro digital insurance products for Malaysians.
Triple P Capital acquires 85% stake in MAAGAP
The investing group aims to boost its presence in the Philippines.
Philippines' microinsurance premiums jump to $240m in 2023
The year saw 56.62 million Filipinos covered under microinsurance policies.
Hang Seng upgrades annuity plan
Only 22% of professionals felt confident about their retirement funds.
Chubb, Maryland to discuss $350m compensation deal: Report
Analysts anticipate total insurer payouts could reach $4b.
Microinsurance sees $41.4b market potential
71.5% of APAC received insurance for property or loss-of-income.
Pacific Prime and MixCare partner for employee wellness in HK
Pacific Prime's customers will now have access to MixCare's platform.
Insurance incentives sweeten EV deal for consumers
Tax incentives and the introduction of charging stations are boosting the EV market.
How are Insurance-Linked Investments profitable?
Schroders says ILS is primarily driven by natural events rather than corporate factors.
Peak Re reports ‘best-ever’ earnings with $200m in FY’23
Favourable January renewals are seen to sustain strong underwriting margins.
AIA boosts buyback, targets 75% payout in 2024
AIA is expected to maintain robust risk management practices, S&P Global says.
Firm advises Sanlam on increased stake in Shriram Insurance
It ploys to increase its share in Shriram’s life and general insurance business.
Digital wealth platform targets banks, insurers in Asia
abrdn and FNZ’s platform has $90.9b assets under administration.
Prudential sees 11% YoY rise in Q1'24 new business profit
APE sales increased by 7% YoY to $1.6b.
Hong Kong Life promotes wealth transfer with new plan
It includes features like flexible death settlement options.
WTW Japan’s pension fund index up 5.6% in 1Q24
The firm’s benchmark discount rate increased to 2.39%.
Nippon Life eyes 20% surge in core operating profit by 2026
The insurance company laid out its three-year targets focusing on boosting revenues.
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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