Insurance

ICNZ reports over $86m in insured losses after July storm

The extreme weather saw over 5,000 in claims.

ICNZ reports over $86m in insured losses after July storm

The extreme weather saw over 5,000 in claims.

How digital insurer Blue is revolutionizing Hong Kong’s stagnant insurance industry

The digital insurer plans to leave its mark by breaking free of misconceptions about insurance, says CEO Charles Hung.

ICA calls for national approach for disaster response

Australia’s insurance group wants a COVID-safe way to move personnel across the border.

Henan flood insured losses approach $2b

Only 67% of insurance claims have been settled.

Price increase to stabilise reinsurance sector through 2022: Moody’s

Uncertainty brought by COVID-19 had started to diminish.

Swiss Re Corporate Solutions appoints new Malaysian chief

Jack See will take over from Juerg Stoll, as the latter retires in January next year.

6 of 10 Singaporean retirees regret not having a retirement plan

Those who have no retirement plan were barely meeting their basic monthly expenses.

Prudential Laos named Domestic Life Insurer of The Year by The Insurance Asia Awards 2021

Prudential Life Assurance Lao Company Limited (“Prudential Laos”) is pleased to be named “Domestic Life Insurer of the Year” by The Insurance Asia Awards 2021.

Digital transformation to improve Korean insurance

Analysts, however, warn that this may increase competitive pressure.

HDFC Life snaps up Exide Life for $915m

HDFC Life is India’s biggest private sector insurer.

Thai insurtech Sunday bags $45m in Series B

Investors in the round include Tencent, SCB 10X, Vertex Growth.

AON laps up remaining 51% stake in Aon India Insurance Brokers

This gives the company 100% control of the Indian insurance broker.

Westpac completes sale of lenders mortgage insurance arm

The business was sold to Bermuda-based Arch Capital Group Ltd.

Lockdowns lifts Australian health insurer profits

And lowered claims costs for health insurers.

BEA completes sale of insurance arm to AIA

The sale was for approximately $655.