Insurance
AIA Singapore's VNB surges 22% to $178m in H1
The value of annualised new premiums also hit $290m.
AIA Singapore's VNB surges 22% to $178m in H1
The value of annualised new premiums also hit $290m.
Etiqa Insurance offers home-based medical exam for foreign domestic workers
The insurer has tied up with healthtech company Doctor Anywhere.
Ping An Insurance Group profit surges 34% to $8.45b in H1
The insurer was able to grow its retail customer base to 179 million.
State Street Corporation appoints Kamal Jandu as Asia Pacific head of insurance services
He was formerly a senior client manager for the insurance sector at Citibank.
Singapore's MediShield Life payouts hit $800m in 2017
About 200,000 Singaporeans benefited from the payouts.
Regulatory tightening fails to cripple South Korean non-life insurers surplus growth
Strong exposure to long-term saving and protection is expected to boost VNB.
Japanese non-life insurers burned by fire premium losses
Insurance firms are bearing the weight of losses brought about by natural disasters.
India's national health insurance scheme embraces trusts
Out of the 26 states, an overwhelming 20 are opting for trusts.
Hong Kong's annuity scheme subscription hits $4.94b out of $10b limit
Average subscription amount was at $525,000.
Singapore's life insurance business premiums up 20% to $2.02b in H1
There was an uptake in both single and annual premium products.
Dai-ichi Life Insurance buys life unit of Australia's Suncorp for $540m
Australia represents an attractive market for Japanese insurers amidst shrinking markets back home.
Ping An eyes acquiring Prudential's Asian business
China’s deleveraging campaign has prompted the insurer to look for further growth engines.
Indian insurers to shoulder interest payments of delayed rural claims
Companies failing to clear crop loss claims within 2 months have to pay with 12% interest.
Thai life assurance business premiums up 5% to $9.38b in H1
Bancassurance and insurance agents drove growth.
China to launch national medical insurance by 2019
Urban and rural residents will enjoy equal benefits.
Hong Kong insurance sector taps on rattled Chinese market
New business premiums from Mainland clients hit $11.8b in Q1.
Chinese P&C insurers' digitalisation efforts beat Hong Kong and Japan
Ping An P&C’s motor insurance service uses image recognition to provide repair estimates based on submitted pictures.
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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 Q1’24Resource 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
![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