News
Indian life insurers record fourth straight growth in October
First-year premiums jumped 31.9% to $3.07b.
Indian life insurers record fourth straight growth in October
First-year premiums jumped 31.9% to $3.07b.
Singapore's life segment posts 2% drop in Q3 weighted new premiums
Total weighted premiums hit S$1.33b.
FWD Hong Kong floats new flexi-plan product
It has a "pre disability per policy year" claims mechanism.
Pandemic puts brakes on Chinese general insurers
The sector is expected to just grow 3.8% this year.
Japan's top insurers unsafe amidst reliance on individual life
Over-reliance on one product will stunt sector growth.
Asian reinsurers to refocus existing protection amidst pandemic
They are re-emphasising on capital to build buffers against claims and losses.
Coinsurance to alter Korean insurers' capital efforts
It would be more benefitting for the life segment.
Most Singaporeans had positive pandemic-related travel claims: survey
Over half were processed within seven days.
Chinese insurtech Waterdrop nabs $230m funding from Swiss Re, Tencent
Swiss Re reportedly invested $100m in the platform, a source said.
AIA's H1 operating profit grows but new business sinks
Limited face-to-face sales pushed VONB down.
Australian life insurers sink as slump hits sector
Recovery will be a measly 0.2% in 2021.
Malaysia's life insurers suffer 12.6% fall in H1 total premiums
Investment-linked policies dropped 24.5%, triggering the fall.
China's economic rebound to test foreign insurers
The country is dominated by local insurers.
Pandemic drums up life insurance demand amongst Australia's wealthy
But it has also crippled away at HNWs trust on insurance providers.
Indian life insurers' first-year premiums rebound after four months
Private insurance companies led the increase.
Taishin Financial to acquire Prudential Taiwan for $187m
The country's financial regulator has yet to approve the deal.
Indian motor insurance segment to shrink 27.2% in 2020
Lockdown measures have snowballed into a decline in premium collections.
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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. Hong Kong general insurance GWP to reach $10.9b by 2028 2. OCBC's bid for Great Eastern Life to boost sector valuations 3. Singlife introduces first market insurance for dementia care 4. Italian insurance-financial firm opens office in Singapore 5. SG’s life insurers see 32.2% leap in new business premiums in Q1’24Awards
Jul
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Firewalls are never enough