Insurance Asia

Insurers should keep an eye on liquidity risks: MAS 
The financial watchdog warns that insurers should be wary of the effects of economic instability.
Kyobo Life CEO awarded the 2023 Insurance Hall of Fame
Kyobo Life chairman and CEO Dr. Shin is the award’s first legacy inductee.
1 in 5 pet life insurance plans only cover vet consultations
It does not include surgeries and hospitalisation expenses in the coverage.
Surer partners with Zurich to provide Marine Cargo product
The partnership provides quicker and easier access to marine cargo requirements.
India’s non-life insurance premiums jump 20% in February
The growth was attributed to the increase in health and motor segments.
Koh Beng Seng bows out as Great Eastern chairman
He will step down from the post on 21 April.
GIAJ lays down countermeasures vs. illegal home repairers
They disseminate information to areas affected by natural calamities.
Igloo provides affordable and accessible insurance solutions in Indonesia
They aim to triple the company's growth through product launches and partnerships in 2023.
95% of companies in India do not offer term life insurance to employees
Less than 5% of them provide comprehensive insurance and benefits.
GIA Singapore beefs up travel insurance fraud efforts
It will use Shift Technology's claims fraud detection system for the initiative.
Generali Asia grows net results by 2.3% in 2022
The insurer said it achieved its best operating result last year.
Ping An’s net profit drops to RMB83.8b in 2022
The insurer attributed the decline to the volatility of capital markets.
Prudential’s new business profit drops to US$2.18b in FY22
The insurer attributed the decline to higher interest rates and business mix effects.

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Exclusives

Exclusives

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.
Insurance How GBA after-sales service centres will affect Hong Kong insurance
GlobalData’s Sravani Ampabathina believes that the centres will boost health and motor insurance sales.
Insurance How do Hong Kongers fare in their retirement preparations
Two out of five are hoping to retire before their 60s, Sun Life reveals.

Top News

Insurers should keep an eye on liquidity risks: MAS 
The financial watchdog warns that insurers should be wary of the effects of economic instability.
Kyobo Life CEO awarded the 2023 Insurance Hall of Fame
Kyobo Life chairman and CEO Dr. Shin is the award’s first legacy inductee.
1 in 5 pet life insurance plans only cover vet consultations
It does not include surgeries and hospitalisation expenses in the coverage.
Surer partners with Zurich to provide Marine Cargo product
The partnership provides quicker and easier access to marine cargo requirements.
India’s non-life insurance premiums jump 20% in February
The growth was attributed to the increase in health and motor segments.
Koh Beng Seng bows out as Great Eastern chairman
He will step down from the post on 21 April.
GIAJ lays down countermeasures vs. illegal home repairers
They disseminate information to areas affected by natural calamities.
Igloo provides affordable and accessible insurance solutions in Indonesia
They aim to triple the company's growth through product launches and partnerships in 2023.
95% of companies in India do not offer term life insurance to employees
Less than 5% of them provide comprehensive insurance and benefits.
GIA Singapore beefs up travel insurance fraud efforts
It will use Shift Technology's claims fraud detection system for the initiative.
Generali Asia grows net results by 2.3% in 2022
The insurer said it achieved its best operating result last year.
Ping An’s net profit drops to RMB83.8b in 2022
The insurer attributed the decline to the volatility of capital markets.
Prudential’s new business profit drops to US$2.18b in FY22
The insurer attributed the decline to higher interest rates and business mix effects.

Exclusives

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.
Insurance How GBA after-sales service centres will affect Hong Kong insurance
GlobalData’s Sravani Ampabathina believes that the centres will boost health and motor insurance sales.
Insurance How do Hong Kongers fare in their retirement preparations
Two out of five are hoping to retire before their 60s, Sun Life reveals.

Join the Insurance Asia community