Insurance
Higher equity investments could nick Chinese insurers' capital
The sector must manage their investments, analysts said.
Higher equity investments could nick Chinese insurers' capital
The sector must manage their investments, analysts said.
South Korea to expand employment insurance by 2025
It aims to protect gig workers not directly employed by companies.
China to hike insurers' equity investments to 45%
Currently, China caps all insurers' equity investments at 30% of their total assets.
Japan's life insurers keep focus on customers amidst pandemic
They will consider special measures for COVID-hit clients.
HSBC Life Hong Kong floats two customisable plans
Clients can pick their coverage based on life-stage needs.
Only 3 in APAC's 50 largest insurers were ready for the pandemic: study
Only AIA, Tokio Marine, and MS&AD considered a pandemic as a key risk to operations.
Hong Kong regulator urged to push insurers on ESG disclosure: report
The regulator has yet to require the sector to do so.
China's P&C sector profits endangered over auto insurance reform
Auto insurance premium rates are expected tof all over the next two years.
Allianz Malaysia opens referral programme
People can earn a referral fee for each successful recommendation.
Great Eastern Singapore launches Live #Lifeproof brand
It is also offering additional retrenchment benefit from 7 July to 31 August.
Chubb floats work from home insurance
It will provide mental health payment for psychological counselling.
Japan's P&C insurers can manage losses from Kyushu floods: analysis
Large industrial zones were not affected, which would limit potential losses.
Generali Indonesia partners with Munich Re to boost underwriting processes
The latter's cloud-based platform will also help streamline risk assessment.
Indonesia mulls closing state life insurer Asuransi Jiwasraya
Policies will be restructured and then turned over to a new company.
Japan's P&C insurers likely to brush off impact of Kyushu rains
But it's still too early to assess the whole damage, an analyst said.
Indian e-commerce firm Paytm buys out Raheja QBE General Insurance
Former owners Prism Johnson and Australia's QBE will divest.
OneDegree Global pilots digital transformation platform IXT Core
It will streamline the value chain and help insurers release products quickly.
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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]()
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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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Firewalls are never enough