Insurance
YAS MicroInsurance bags $4.5m in pre-Series A funding round
The insutech firm plans to use the funds to expand and insure the Web3 economy.
YAS MicroInsurance bags $4.5m in pre-Series A funding round
The insutech firm plans to use the funds to expand and insure the Web3 economy.
livi bank launches app-based travel insurance plan
This is the bank’s first general insurance offering.
Aviva acquires majority stake in India life venture
This is the second local life insurance venture with 74% foreign ownership.
AIA announces acquisition of MediCard Philippines
Dr. Nicky Montoya to continue to lead MediCard as the CEO.
AXA Hong Kong sets foot in the metaverse
The insurer has acquired a 3X3 LAND to provide an interactive space for customers.
Taiwan’s non-life insurance suffers 537.1% loss in August
This is the fifth consecutive month of loss for the insurance industry.
Australian watchdog finalises changes to insurance capital and reporting frameworks
The changes aim to minimise misalignments between APRA’s frameworks and AASB 17.
Hong Kong insurance regulator bans former agent for two years
The agent was banned for using a false academic certificate under the self-regulatory regime.
Ping An launches new home-based elderly care insurance
The product provides wealth protection and elderly care services.
Manulife launches program to teach kids financial literacy
The insurer partnered with St. James' Settlement for this initiative.
Hong Kong court orders wind up of Target Insurance
The insurer was deemed insolvent by the insurance regulator.
Astra International mulls sale if insurance business
The deal could value the business at $500m.
Aon names new Indonesia CEO
He was previously the CEO of Pacific MMI Insurance.
Japanese insurers to face stagnant growth in the next five years
Sluggish sales of term life and savings products are slowing down the industry.
Prudential Financial appoints CEO for Japan operations
The current CEO will retire by the end of the year.
Pandemic insurance claims to drag Cathay Century’s operating results: AM Best
However, the ratings firm said this is a one-off event for the insurer.
AIA in talks to buy Philippines MediCard
The deal could raise the value of the healthcare provider to $350m.
Most Read
1. Hong Kong general insurance GWP to reach $10.9b by 2028 2. OCBC's bid for Great Eastern Life to boost sector valuations 3. Singlife introduces first market insurance for dementia care 4. Italian insurance-financial firm opens office in Singapore 5. SG’s life insurers see 32.2% leap in new business premiums in Q1’24Resource Center
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Jul
09
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Proactive dialogue with regulators, embracing tech advancements are key to preemptive compliance – EY's Anita Sun-Young Bong
![Proactive dialogue with regulators, embracing tech advancements are key to preemptive compliance – EY's Anita Sun-Young Bong]()
Co-Written / Partner
The EY Partner reiterated that though innovation carries inherent risks, balancing it with risk management through crisis simulation systems ensures sustainable progress.
The EY Partner reiterated that though innovation carries inherent risks, balancing it with risk management through crisis simulation systems ensures sustainable progress.
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Most Read
1. Hong Kong general insurance GWP to reach $10.9b by 2028 2. OCBC's bid for Great Eastern Life to boost sector valuations 3. Singlife introduces first market insurance for dementia care 4. Italian insurance-financial firm opens office in Singapore 5. SG’s life insurers see 32.2% leap in new business premiums in Q1’24Awards
Jul
09
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Firewalls are never enough