Insurance

18 Mar 19
Income from the bancassurance channel took a hit.
18 Mar 19
Annualised new premiums grew 15% to $6.5b.
18 Mar 19
Foreigners with delayed insurance payments will face visa-related penalties by May.
18 Mar 19
Kaisu.me will provide a 12-month accidental screen damage protection for new mobile phones.
15 Mar 19
Vietnam has paid $1.69b worth of insurance benefits in the first two months of 2019.
15 Mar 19
The policyholder can get a payout of $89 after an earthquake with an intensity of lower 6 or above hits their neighbourhood.
14 Mar 19
This is Great Eastern’s first foray into esports.
14 Mar 19
Singtel Innov8 and HSBC pitched in.
13 Mar 19
The CAGR hit 16% for the non-life segment and 17% in life from 2013-2017.
13 Mar 19
Only a fifth of SMEs have insurance protection against business interruptions.
13 Mar 19
Only 8% of the population currently has a life insurance plan.
13 Mar 19
The consortium can provide capacity of up to $225m per risk.
13 Mar 19
The move will enhance transparency and reduce risk of mis-selling.
13 Mar 19
The move comes after the Vietnamese government’s plan to privatise SOEs.
12 Mar 19
The Voluntary Health Insurance System will offer $1,000 in tax benefits to lure residents.
12 Mar 19
Premium income hit $126.61b at the start of the year.
8 Mar 19
Savings type products require higher capital charges and offer less attractive margins.
8 Mar 19
New premiums in the group business jumped 9.4% to $870m.
8 Mar 19
It is expected to benefit the 500 individuals who work from its locations in Sai Wan and Causeway Bay.
6 Mar 19
The motor insurance segment’s underwriting profit jumped 137% to $9.96m.
6 Mar 19
It aims to strengthen support for local businesses’ overseas expansion.
5 Mar 19
Chubb increased its stake in Huatai Insurance Group to 26% from 20%.
5 Mar 19
Individuals with knowledge of wrongdoing should submit documentary evidence.
5 Mar 19
Around 36% specifically blamed their insurer whilst 23% pinned the blame on their agent.
4 Mar 19
Only workers and their dependents in the country can avail to prevent abuse.
4 Mar 19
Kevin Leong will serve as managing director for the commercial lines business.
4 Mar 19
It aims to launch in Indonesia, Malaysia and Southeast Asia.
1 Mar 19
The move enhnaces the investment options of the country's insurers.
1 Mar 19
Shanghai Electric Group has received approval from the insurance authority.
1 Mar 19
This represents the first increase in composite price in four years.
28 Feb 19
'Infinite Harvest' guarantees 100% capital from the 10th policy anniversary.
28 Feb 19
Earnings from non-life insurers worsened as car losses rose.
28 Feb 19
Insurance profit skyrocketed to $861m from $62m in 2017.
28 Feb 19
Nearly 28% admitted to buying insurance from the Internet.
26 Feb 19
It will cover driver-partners for medical leave of up to 21 days and hospitalisation leave of up to 84 days.
20 Feb 19
Operating profit growth from Insurance Business countered its decline.
18 Feb 19
The spending tracker platform is expected to launch by mid-2019.
7 Feb 19
It will handle the club’s members in the ASEAN, India, and Australasia.
31 Jan 19
Entries are accepted until 19 April 2019.