Insurance
Foreigners in India buying insurance climbs 50%
Foreigners in India buying insurance climbs 50%
Female policyholders have also increased from 4% to 11% over two fiscal years.
AlipayHK partners with YAS for real-time travel coverage
The embedded accident insurance is underwritten by Generali Hong Kong.
Philippine life insurance sector slated for 5.4% CAGR by 2028
The industry will likely increase by 3% this year.
APAC reinsurers poised for growth on the back of sustained demand
Easing premium rates and organic demand will drive growth, said S&P.
Double-digit premium growth lifts AIA to record value of new business in Q3
VONB is $1.16b in Q3, a 16% increase compared to Q2 2024.
Allianz Trade launches sustainability product Surety Green2Green
It insures sustainability-related projects, and premiums received are invested in certified green bonds.
WTW debuts new insurance brokerage service in Japan
They will offer insurance solutions to commercial clients as well as reinsurance services.
Prudential appoints Patrick van Heerde as chief partnership distribution officer
He was formerly the APAC head of partnerships for HSBC Life.
Investors told to buy and hold: AIA
Short-term market events should not distract one’s investment goals in the long run.
Ageing population to drive insurance take-up in South Korea
For 2025, $167.1b in direct written premiums are expected to be amassed by insurers.
Insurance firms seek faster reconciliation turnaround times
Speed and cost efficiency drive adoption of reconciliation solutions.
Chinese life insurers boost efforts in pension finance
The sector has been named as one of the five key areas for financial sector growth in China.
AIA gains approval to expand to China’s Shandong province
It is the second most populous province in mainland China.
Zurich Life Malaysia names Pauline Teoh as new CEO
Teoh brings 25 years of experience in the insurance industry.
AIA China clinches approval to establish Anhui branch
Anhui has a population of 60 million people.
Prudential launches insurtech solutions MedScreen+
The solution was launched in partnership with Reinsurance Group of America, Incorporated.
Property insurance industry to exceed $152b by 2028
China is forecast to lead with 36% in terms of written premiums.
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Jul
07
Event News
CEO Phlaphongphanich said the industry is measuring the wrong things.
