Insurance Asia

MAS slams 6 ex-Great Eastern financial advisers with prohibition orders
This follows after the six individuals were convicted of tax evasion.
Life insurance revenue down in Q1, claim payments up
The Indonesian life insurance market recorded 87.54 million individuals insured in the first quarter.
Virtual insurer surpasses HK$60b sales in four years
This made the virtual insurer top rank in direct sales channels in terms of policies sold.
Sun Life Hong Kong introduces eSunPro
The platform will be exclusive to Sun Life Hong Kong clients who can avail of assistance for treatments and recovery.
Allianz Malaysia records RM1.16b in revenue for Q1
This was driven by higher sales generated from its general and life insurance segment.
ZhongAn Insurance publishes white paper on generative AI application
It recorded notable advancements in adopting AI into the Chinese insurance industry.
Japanese insurers, banks to build sustainable finance platform
The collaboration seeks to build a digital platform for investment institutions.
ADVA introduces marine insurance to Asia markets
It aims to protect ship and cargo units against potential war and piracy risks.
Lexasure, AgriG8 team up to offer insurance to Indonesian farmers
The partnership aims to financially guide rice farmers in Indonesia.
Singapore’s property insurance to earn S$1.1b in 2023
On a year-on-year basis, its gross written premiums would grow by 7.6%.
Canopius launches digital asset custody product in Lloyd's Asia platform
It offers to cover up to $130m for eligible custody solutions.
Singapore’s Aspen names new head
The industry veteran has had expertise in the field for 23 years.
MAS issues 8-year ban to former AIG, Liberty insurance agent
Yeo Siew Liang James was convicted of 18 counts of corruption in 2021.
Insurance industry lost NZ$1.93b to Cyclone Gabrielle: study
The cyclone, which hit last February, is estimated to cost NZ$1.93b.

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Exclusives

Exclusives

Allianz Indonesia taps millennial agents and digitalisation to reach more customers
Of its 40,000 agents, 60% belong to the next generation—the younger, tech-savvy, and diverse workforce.
Great Eastern digitises processes to reach untapped Indonesian insurance market
This effort succeeded in optimising their financial performance with a net profit of $ 1.98m (IDR 31b)
Insurance What key skills insurers are hunting for in new hires
Jobs in digital transformation, data management, and data analytics will remain competitive.
Insurance Life insurers take the lead in Hong Kong Business Insurance Rankings
Some life insurers saw their assets surge by as much as 44% in 2021.
Insurance KoverNow: The Netflix of insurance?
Its subscription model gives another option for consumers that don’t want long contracts.

Top News

MAS slams 6 ex-Great Eastern financial advisers with prohibition orders
This follows after the six individuals were convicted of tax evasion.
Life insurance revenue down in Q1, claim payments up
The Indonesian life insurance market recorded 87.54 million individuals insured in the first quarter.
Virtual insurer surpasses HK$60b sales in four years
This made the virtual insurer top rank in direct sales channels in terms of policies sold.
Sun Life Hong Kong introduces eSunPro
The platform will be exclusive to Sun Life Hong Kong clients who can avail of assistance for treatments and recovery.
Allianz Malaysia records RM1.16b in revenue for Q1
This was driven by higher sales generated from its general and life insurance segment.
ZhongAn Insurance publishes white paper on generative AI application
It recorded notable advancements in adopting AI into the Chinese insurance industry.
Japanese insurers, banks to build sustainable finance platform
The collaboration seeks to build a digital platform for investment institutions.
ADVA introduces marine insurance to Asia markets
It aims to protect ship and cargo units against potential war and piracy risks.
Lexasure, AgriG8 team up to offer insurance to Indonesian farmers
The partnership aims to financially guide rice farmers in Indonesia.
Singapore’s property insurance to earn S$1.1b in 2023
On a year-on-year basis, its gross written premiums would grow by 7.6%.
Canopius launches digital asset custody product in Lloyd's Asia platform
It offers to cover up to $130m for eligible custody solutions.
Singapore’s Aspen names new head
The industry veteran has had expertise in the field for 23 years.
MAS issues 8-year ban to former AIG, Liberty insurance agent
Yeo Siew Liang James was convicted of 18 counts of corruption in 2021.
Insurance industry lost NZ$1.93b to Cyclone Gabrielle: study
The cyclone, which hit last February, is estimated to cost NZ$1.93b.

Exclusives

Allianz Indonesia taps millennial agents and digitalisation to reach more customers
Of its 40,000 agents, 60% belong to the next generation—the younger, tech-savvy, and diverse workforce.
Great Eastern digitises processes to reach untapped Indonesian insurance market
This effort succeeded in optimising their financial performance with a net profit of $ 1.98m (IDR 31b)
Insurance What key skills insurers are hunting for in new hires
Jobs in digital transformation, data management, and data analytics will remain competitive.
Insurance Life insurers take the lead in Hong Kong Business Insurance Rankings
Some life insurers saw their assets surge by as much as 44% in 2021.
Insurance KoverNow: The Netflix of insurance?
Its subscription model gives another option for consumers that don’t want long contracts.

Join the Insurance Asia community