Insurance

Singapore's Great Eastern rolls out S$1m vaccine fund
15 Jan 21
This will grant a daily cash benefit for COVID-19 vaccine hospitalisations.
AXA Singapore launches new prenatal plan
14 Jan 21
It covers early caesarean deliveries and grants newborns with health insurance cover.
Insurtech Concirrus expands Asia executive team
13 Jan 21
The new hires have wide experience in the marine insurance market.
South Korea's ageing population poses key challenge to local insurers
12 Jan 21
Expected reliance on health insurance may leave insurers vulnerable to medical risks.
Japan's life insurance union to boost customer service in 2021: chairman
12 Jan 21
They have been working on materials for elderly clients and high school students.
AXA Singapore names new managing director for life strategic business
11 Jan 21
Li Choo Kwek-Perroy will replace Sean Goh effective immediately.
FWD Hong Kong floats instant claims service
7 Jan 21
Clients can receive approvals via FPS, 7-Eleven or bank transfer.
AIA's rising digital focus to boost client uptake: report
7 Jan 21
AIA’s increased digital focus should boost client acquisition efforts over time, according to an OCBC report.
How AXA Insurance helps firms reevaluate employee benefits
5 Jan 21
The insurer has launched a new product tailored to a multi-generational workforce.
Aviva Singapore to cover COVID-19 vaccine side effects
5 Jan 21
This is included for clients' Integrated Shield Plan, MyShield and group plans.
South Korean insurers see 'healthy' Q3 financial results
4 Jan 21
Risk-based capital ratio of local insurers gained 7.5pp to 283.9%.
ZA Tech, OVO partner for new Indonesian insurtech unit
24 Dec 20
ZA Tech will provide know-how in innovation and propriety tech.
It's the most wonderful time of the year!
18 Dec 20
We're taking the time off!
APAC PA&H written premiums to hit $240.1b in 2023
15 Dec 20
Digitalisation and disease-focused plans helped insurers boost value proposition.
Aviva to sell Vietnam unit to Manulife
15 Dec 20
Manulife has also agreed to a bancassurance partnership with VietinBank.
MSIG Asia, Carro launch usage-based car insurance
14 Dec 20
Premiums will be calculated through driver behaviour analysis.
April International Care boosts MyHEALTH Hong Kong policy
14 Dec 20
Annual limit for the 'elite' module's in-hospital care was upped to $4.5m.
APAC insurers' stable outlook highlights strong performance
11 Dec 20
The pandemic will still bring short- to long-term changes in the sector.
AIA, ZA Tech launch regional partnership
10 Dec 20
The initial focus would be Malaysia.
Singapore's 360F floats platform in Malaysia
8 Dec 20
This was through a partnership with Fi Life.
BIMA, Malaysia's Digi partner to increase insurance access
4 Dec 20
This will allow clients to pay for their insurance through Digi billing.
NTUC Income, Visa float buildable insurance plan
4 Dec 20
SNACKUP rewards users with stackable coverage in the form of rebates.
Singapore central bank bans two insurance agents for dishonesty
3 Dec 20
They were formerly with Aviva and Great Eastern Life, respectively.
Capital erosion ahead for Japan life insurers amidst lower premiums
3 Dec 20
Capitalisation may have improved but headwinds remain.
Cover Genius expands product, parcel protection to Asia
3 Dec 20
Shopee Thailand users will have access to the insurtech's XCover platform.
AIA Hong Kong, HKT, Gleneagles Hospital float telemedicine service
3 Dec 20
AIA Hong Kong clients will enjoy the service next year.
AIA Hong Kong and Macau CEO Peter Crewe to retire
3 Dec 20
AIA Thailand CEO Alger Fung will succeed him.
Nominations are now open for the sixth Insurance Asia Awards
2 Dec 20
Deadline for submission of entries is on 5 March 2021.
Allianz Malaysia's gross written premiums jump 8.7%
27 Nov 20
Both its general and life businesses posted increases in GWP.
Singapore's NTUC Income amps up travel insurance offering
26 Nov 20
It will grant COVID-19 coverage for overseas travel.
Feeble premiums growth cap Chinese insurers' valuations
23 Nov 20
Average premium income for the big six insurers shrank 1.3% YoY.
Aviva Singlife obtains investor demand with $3.5b Tier 2 notes
20 Nov 20
This follows the pricing of Tier 2 notes at 3.375%.
HSBC Life Hong Kong floats two senior appointments
20 Nov 20
Celia Chan and Daisy Tsang were named to two newly created roles, respectively.
Singapore's life segment to hit S$43.5b in 2024
18 Nov 20
It posted a 13% drop in weighted new business premiums in H1 2020.
Vietnam's general insurers to slow down 3.4% in 2020
18 Nov 20
Headwinds such as a sluggish economy and disasters will lower premium earnings.
Singapore pilots insurance coverage for foreign inbound travellers
18 Nov 20
The products grant at least S$30,000 in coverage for medical treatment.
Manulife Hong Kong posts double-digit YTD, Q3 earnings jump
16 Nov 20
However, YTD and Q3 APE both went down 8% and 26% respectively.
Hong Kong's OneDegree unveils new pet insurance plan
11 Nov 20
The Ultra Plan offers the highest medical coverage for pets in the city.
Japan P&C insurers' ESG actions spell short-term pitfalls: report
11 Nov 20
Legacy practices subvert their flexibility in handling ESG initiatives.
Indian non-life insurers show mixed October results
10 Nov 20
Monthly numbers slipped but YTD figures rose.

Events Calendar

Jul 21
Insurance Asia Awards 2021
Shangri-La Hotel, Singapore