Insurance
Prudential Singapore rolls out insurance product for critical illness
‘PRUtriple protect’ offers a payout as high as $6.74m.
Prudential Singapore rolls out insurance product for critical illness
‘PRUtriple protect’ offers a payout as high as $6.74m.
Japanese insurers embrace third-sector medical policies to weather ultra low rates
They rose 9% whilst individual annuity policies plunged 56% in fiscal 2017.
Allianz Taiwan unveils country's first AI-powered chatbot
‘Allie’ can answer customer inquiries and allow cross platform operations.
Allianz Malaysia profit up 18% to $21.85m in Q1
Strong performance from life and general business buoyed quarterly earnings.
ERGO Insurance and PolicyPal unveils plan to roll out blockchain travel insurance
Customers can enjoy automated claim payouts without the hassle of filing for a claim.
Singapore government unveils revamped insurance scheme for seniors with disability
CareShieldLife will be rolled out by 2020.
Prudential Singapore to pay $100 to customers hit by GIRO deduction
Customers can expect it to be credited to their accounts by 3 June.
AIA Singapore unveils enhanced retirement policy
It features increased monthly dividends and lowered premiums.
World's first blockchain marine insurance platform rolled out
‘Insurwave’ can help manage risk for more than 1000 commercial vessels in its first year.
Singapore listed insurance trio posts 8.6% return in May
The three insurers performed strongly despite intensified competition.
Korean life insurance net income crashes 21.7% to $316.9b in Q1
Blame premium income from savings-type insurance products which plunged by $2.5b.
China's online property insurance premiums surge 30.9% to $2.26b in Q1
The quarterly growth reverses a slight decline registered last year.
Peak Re names Stephen Roder as independent non-executive director
He also becomes a member of various board committees effective 2 May 2018.
Hong Kong insurance tax bill gazetted
It enables a tax deduction for residents buying health insurance under the VHIS.
New Zealand regulator alarmed by $34m spent on insurers' non financial incentives
Trips, business support and conferences may influence insurers’ exercise of duty.
Chinese insurers defy deleveraging campaign by ramping up alternative asset allocation
Such assets offer higher returns of 9.42% than 5% on average offered by corporate bonds.
HSBC Insurance rolls out digital insurance platform
It currently offers two life insurance solutions.
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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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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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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