Insurance

AIA sets up Singapore variable capital company
9 Apr 21
It is part of a programme to facilitate global capital deployment.
AIA Australia's market standing boosted by CMLA purchase: report
8 Apr 21
The consolidation allows access to CMLA's client and distribution network.
Online insurance platform Policybazaar planning $500m IPO
8 Apr 21
It is seeking a listing before end-2021.
Chinese online property premiums dropped to $12.2b in 2020
7 Apr 21
Underwritten insurance contracts also went down over the course of last year.
Indian health insurance plans constant in Q1: report
7 Apr 21
The average price for an insured sum hit $283 and $371.
Shaping up agents with Allianz Life Malaysia's CEO Programme
6 Apr 21
Chief executive Joseph Gross reveals what it takes to be a leader.
Hong Kong adjusts insurance premium levy rate to 0.1%
6 Apr 21
Levy cap is at HK$100 for life policies and HK$5,000 for general policies.
Japanese insurers eyeing US bonds again
6 Apr 21
US bonds are becoming attractive with yields nearing 2%, insurers say.
China Strategic in talks to buy Hong Kong Life
6 Apr 21
The insurer could be valued at between $400m and $500m.
Families of Taiwan train crash victims entitled to $158,000 from insurers
5 Apr 21
It includes a $88,000 basic coverage in carrier's liability from Cathay Century Insurance.
AXA Singapore floats two new ESG investment-linked funds
5 Apr 21
These are managed by asset managers Mirova and Robeco.
Insurers expanding doctor panels for IP plans: LIA Singapore
5 Apr 21
All panel fees are also within the health ministry's benchmark.
Malaysia's non-life insurers 'disciplined' despite pandemic: report
31 Mar 21
Adequate capital has supported industry profitability, analysts say.
AXA Hong Kong float SmartHome Plus e-voucher
31 Mar 21
The e-vouchers can be purchased as corporate gifts.
LIA Singapore, AIA counter criticisms of Integrated Shield Plans
30 Mar 21
Expanding panels to all private specialists may lead to higher premiums.
Hong Kong commences group-wide supervision of ILS business
30 Mar 21
The new rules expand the scope of insurable risks for captives.
China Life Insurance 2020 net profit tumbles to $7.7b
29 Mar 21
Gross written premiums rose 8% to $93.6b.
Indian lawmakers approve higher FDI for insurers
26 Mar 21
It will expand insurance penetration and boost valuation of insurers.
South Korean insurers' net profit jump 13.9% in 2020
26 Mar 21
This was partly attributed to lower car accidents during the pandemic.
China's PICC sees 2020 net profit fall 10.4%
25 Mar 21
Its P&C segment's net profit also dropped 16.4%.
Bank of East Asia sells life insurance unit to AIA for $644m
25 Mar 21
BEA will distribute life savings products to retail clients in Hong Kong and the mainland.
Qoala acquires Thai insurtech FairDee
24 Mar 21
This move expands Qoala's reach in Southeast Asia.
Hanwha Life to keep near-term capital strength despite low rates
24 Mar 21
There is enough buffer to resist volatile assets and support growth.
ZhongAn Online P&C's 2020 net profit hits $85m
24 Mar 21
Gross written premiums grew 14.2% to $2.6b.
'Very few' digitalisation barriers for Singapore insurers: report
24 Mar 21
The central bank assumes a tech-agnostic regulatory approach.
MSIG Thailand launches usage-based car insurance plan
23 Mar 21
CEO Rattapol Gitisakchaiyakul reveals the driving force behind the idea.
Too early to estimate costs of Sydney floods: report
23 Mar 21
Suncorp and Insurance Australia Group have received 1,300 and 2,100 claims, respectively.
Allianz Life Malaysia floats new investment-linked plan
22 Mar 21
Allianz PrimeCover has three options for premium payment terms.
Indian regulator urges insurers to be more transparent
22 Mar 21
There should be systems for policyholders to track their claims.
China scraps foreign ownership cap on insurers, but adds security rule
22 Mar 21
A review shall be conducted if an investment affects or may affect national security.
Philippine non-life insurers stable but pitfalls remain: report
22 Mar 21
The sector had one of the highest five-year compound growth rates before COVID-19.
Fairfax Asia pushes cash offer for Singapore Re
22 Mar 21
Offer price is S$0.3535 per share.
Indian health insurers barred from raising premiums whilst upgrading plans
19 Mar 21
Insurers can still make minor modifications.
Singapore general insurers post flat growth in 2020
18 Mar 21
Underwriting profit reached S$237.3m.
ZA Tech, PFI Mega Life to drive digitisation of Indonesian insurers
18 Mar 21
The two firms will cocreate products and digital solution.
FY2019-2020 significantly challenging for Aussie general insurers
18 Mar 21
Almost 33,000 code violations were reported.
Philippine insurers 'firm' despite shrinking capacity: report
18 Mar 21
Pricing has risen across several segments.
Positive momentum in China to prop up AIA's business growth
17 Mar 21
Strong capitalisation is likely to be maintained despirte headwinds.
AXA rolls out new brand campaign
16 Mar 21
Hong Kong is the first Asian market to launch a series of promotions.
Singapore opens proposals for integrated health claims platform
15 Mar 21
It aims to extend access to patients' insurance policy details.

Events Calendar

May 06
Insurance Asia Digital Conference 2021
Jul 21
Insurance Asia Awards 2021
Singapore