Insurance Asia

Singapore-based insurtech anycover clinches $450k funding
The round was led by Powerhouse Ventures, with participation from 1337 Ventures.
MAS charges insurance agents for breach of Financial Advisers Act
Their offences included falsification and providing false information.
Starr Insurance acquires Thai non-life insurer
The transaction is expected to close in the second quarter of 2022.
Igloo secures partnership with Thai telecom firm
Two new mobile insurance products will now be available in Thailand.
Beijing Nova Insurance enters partnership with Towngas Lifestyle
They aim to establish a joint working group for insurance brokerage.
India life insurers received $2.17b in COVID-19 claims
Data revealed that death claims rose dramatically in 2021.
Malaysia has sufficient capacity for flood insurance
However, unaffordability remains a tall hurdle.
Manulife Hong Kong reports improved Q1 earnings
This is despite APE sales dropping by 23%.
Samsung Life net profits plunges by 72.9%
The insurer saw losses grow by $170m compared to last year.
Citi appoints new Hong Kong insurance head
She was formerly the Chief Partnership Distribution Officer at Prudential.
India health insurance premiums jumps 25% amidst pandemic
The hike was attributed to the second wave of COVID-19 infections.
AXA Hong Kong launches green rebate program for business clients
This is activated if clients fully utilise their eClaim services.
Howden acquires Singapore-based AEGIS insurance business
This is part of Howden’s strategic expansion in Asia.
Qoala raises $65m in new funding round
The round was led by Eurazeo with participation from several existing investors.
Singapore life insurance new business premiums dips by 2% in Q1.
New business premiums totaled S$1.21b for the first quarter of the year.

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Exclusives

Exclusives

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Most problems in the industry seem to be ‘self-created’.
Insurance Time for a comeback? Hong Kong’s top 50 insurers show a 9.75% surge in assets
Health and wellness products still remain a priority for the industry.
Insurance AIA's smart calculator helps Singaporeans' figure out their financial weaknesses
The app calculates the personal financial satisfaction score based on the customer’s financial goals.
Insurance How YAS MicroInsurance puts a price on non-fungible tokens
They are one of the first insurtech firms to insure NFTs.
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Digital dominance and healthtech helped them mitigate losses, Singapore Business Review found.

Top News

Singapore-based insurtech anycover clinches $450k funding
The round was led by Powerhouse Ventures, with participation from 1337 Ventures.
MAS charges insurance agents for breach of Financial Advisers Act
Their offences included falsification and providing false information.
Starr Insurance acquires Thai non-life insurer
The transaction is expected to close in the second quarter of 2022.
Igloo secures partnership with Thai telecom firm
Two new mobile insurance products will now be available in Thailand.
Beijing Nova Insurance enters partnership with Towngas Lifestyle
They aim to establish a joint working group for insurance brokerage.
India life insurers received $2.17b in COVID-19 claims
Data revealed that death claims rose dramatically in 2021.
Malaysia has sufficient capacity for flood insurance
However, unaffordability remains a tall hurdle.
Manulife Hong Kong reports improved Q1 earnings
This is despite APE sales dropping by 23%.
Samsung Life net profits plunges by 72.9%
The insurer saw losses grow by $170m compared to last year.
Citi appoints new Hong Kong insurance head
She was formerly the Chief Partnership Distribution Officer at Prudential.
India health insurance premiums jumps 25% amidst pandemic
The hike was attributed to the second wave of COVID-19 infections.
AXA Hong Kong launches green rebate program for business clients
This is activated if clients fully utilise their eClaim services.
Howden acquires Singapore-based AEGIS insurance business
This is part of Howden’s strategic expansion in Asia.
Qoala raises $65m in new funding round
The round was led by Eurazeo with participation from several existing investors.
Singapore life insurance new business premiums dips by 2% in Q1.
New business premiums totaled S$1.21b for the first quarter of the year.

Exclusives

Insurance Why embedded insurance is cutting out the middleman
Without middlemen, insurance will get cheaper for consumers.
Insurance The life-changing ‘crash’ of PGA Sompo’s CEO
How a car accident propelled Fumihiko Harada to a career in insurance.
Insurance No man left behind: How insurtech is solving the underinsurance mess
Most problems in the industry seem to be ‘self-created’.
Insurance Time for a comeback? Hong Kong’s top 50 insurers show a 9.75% surge in assets
Health and wellness products still remain a priority for the industry.
Insurance AIA's smart calculator helps Singaporeans' figure out their financial weaknesses
The app calculates the personal financial satisfaction score based on the customer’s financial goals.
Insurance How YAS MicroInsurance puts a price on non-fungible tokens
They are one of the first insurtech firms to insure NFTs.
Insurance Singapore's top 50 insurance firms reveal 17.22% increase in assets
Digital dominance and healthtech helped them mitigate losses, Singapore Business Review found.

Join the Insurance Asia community