Insurance
China Life's insurance premiums surge 22.4% to $28.17b in January-February 2019
This compares to the 4.7% growth in the same period last year.
China Life's insurance premiums surge 22.4% to $28.17b in January-February 2019
This compares to the 4.7% growth in the same period last year.
Great Eastern offers modular insurance plans in Samsung Pay
Available products include a personal accident plan and a home insurance plan.
Indonesia life insurance premiums down 5% to $13.05b in 2018
Income from the bancassurance channel took a hit.
AIA operating profit jumped 13% to $5.3b in 2018
Annualised new premiums grew 15% to $6.5b.
Hong Kong general insurers reverse from loss to $74.27m profit in 2018
Overall net premiums hit $4.49b.
Korea to tighten health insurance for expats
Foreigners with delayed insurance payments will face visa-related penalties by May.
E-commerce firm Synagie Corporation unveils lifestyle insurance mobile app
Kaisu.me will provide a 12-month accidental screen damage protection for new mobile phones.
87.7% in Vietnam covered for health insurance
Vietnam has paid $1.69b worth of insurance benefits in the first two months of 2019.
Sompo Japan Nipponkoa Insurance-Line tie up to allow insurance gifting
The policyholder can get a payout of $89 after an earthquake with an intensity of lower 6 or above hits their neighbourhood.
Great Eastern ventures into esports with Singtel partnership
This is Great Eastern’s first foray into esports.
Singapore-based insurtech startup CXA Group raises US$25m
Singtel Innov8 and HSBC pitched in.
China to eclipse US as world's largest insurance market by 2030s
The CAGR hit 16% for the non-life segment and 17% in life from 2013-2017.
One in 10 Hong Kong SMEs do not have insurance protection: survey
Only a fifth of SMEs have insurance protection against business interruptions.
Vietnam to boost life insurance coverage to 15% by 2025
Only 8% of the population currently has a life insurance plan.
China Re unveils renewable energy consortium for Chinese offshore windfarms
The consortium can provide capacity of up to $225m per risk.
Korea cracks down on third-party agent selling
The move will enhance transparency and reduce risk of mis-selling.
Samsung Life in talks to buy 20% stake in Bao Viet Life: report
The move comes after the Vietnamese government’s plan to privatise SOEs.
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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09
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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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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