Tokio Marine increases stake in Indonesian JV to 80%

It acquired 20% of shares from its JV partner.
1 day ago

Tokio Marine increases stake in Indonesian JV to 80%

It acquired 20% of shares from its JV partner.
1 day ago

Allianz Malaysia records 9.4% GWP growth in first nine months

The group’s total assets grew by 4% as of September 2022.
1 day ago

Generali Asia names new Hong Kong CEO

The new CEO has been with the company since 2016.
2 days ago

Taiwanese insurers and banks decreases exposure to China to record low

Aggregate exposure through loans, investments, and deposits contracted by 1% sequentially.
5 days ago

Chubb gets regulatory nod to increase stake in Huatai to 83.2%

Huatai is a holding firm for several companies in China.
5 days ago

nib purchases New Zealand travel insurance provider OrbitProtect

OrbitProtect was first established in 2005.
5 days ago

Electric vehicles to drive motor insurance growth in South Korea

The number of insured EVs tripled from 2018 to 2021.
5 days ago

Two out of three Hong Kongers continue to suffer from long COVID

Manulife launched a charity program to help people still suffering from it.

AXA denies rumours of exit in South Korea

The firm is the only foreign insurer in the auto insurance market of South Korea. 

Motor insurance growth slows down in Singapore

Higher taxes led to lower car sales in August.

Hong Kong insurance regulator warns public of fake insurer website

The fake website has now been reported to the police.

Aditya Birla Capital, Nippon Life merger talks fail

The discussions broke down over disagreements on shareholding and governance rights.

Japan raises health insurance premiums for high-income elderly

The aim is to ease the burden on the working generation.

Higher insurance claims lead to underwriting pressure for APAC reinsurers

S&P said APAC reinsurers showed slower growth and subdued underwriting margins.

Insurers eyeing snapping up of controlling stake of BNI life unit

The lender is mulling selling 60% of its stake in PT BNI Life Insurance.

Tune Protect Re to diversify in the medium term: AM Best

The Malaysian insurer boasts a strong balance sheet.

IRDAI to push government to allow insurers to invest in unlisted companies

The move could unlock new funding avenues for startups in the country.