Insurance
Sun Life Hong Kong unveils new wealth management insurance plan
Sun Life Hong Kong unveils new wealth management insurance plan
Clients need only to pay as low as HK$488 monthly to avail of the service.
Ping An, pharma firm Shionogi float joint venture firms
The firms are registered in Hong Kong and Shanghai.
Thai non-life insurance segment to dwindle 5.6% this year
The motor insurance market will fall 6%.
AXA Singapore to offer unlimited telemedicine, waiver delivery fees
Teleconsultations can be booked through Fullerton Health's FHN3 app.
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.
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1. Hong Kong regulator guts insurance referral fees with 50% cap 2. HSBC says 'no decision' made in Singapore insurance review 3. Can China’s $140b motor insurance market survive a 70% loss ratio? 4. PNB MetLife launches dividend fund linked to insurance 5. Taiwan life insurers face rising risk in $32b FX mismatchResource Center
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
