Insurance
Great Eastern Singapore injects $70m into Axiata's digital finance service business
Great Eastern Singapore injects $70m into Axiata's digital finance service business
Great Eastern will take a 22% stake in Axiata-owned Boost Holdings.
Taiwan's general insurance sector to contract 1.7%
The sector is plagued by export and motor business downfalls.
Singlife shows traditional insurers how to thrive in the new normal
A product with a wide-reaching coverage and having a strong digital service is the way to go, says CEO Walter de Oude.
China's insurance regulator extends preferential treatment to Hong Kong
The China Risk Oriented Solvency System has been extended until 30 June 2021.
Circles.Life, AXA Singapore roll out S$8 personal accident insurance
It covers 30 days and can grant up to S$100,000 for accidental death.
AXA Singapore unveils new benefits for SmartPlan SME clients
These include one month of complimentary coverage upon renewal.
Philippines issues rules on insurtechs' adoption of regulatory sandbox
All entities must gain the approval from the regulator.
Japan's P&C insurers ‘not defensive' despite underwriting losses
Prices are still being tempered to secure profits.
China allows AIA to convert Shanghai branch into subsidiary
It is now the first foreign-owned life insurance subsidiary in the mainland.
FWD to invest in Indonesia's BRI Life
Existing BRI Life customers will not be affected by the investment.
Japan life insurance sector to shrink 1%
The segment is now poised to rise at a 0.9% CAGR from 2019 to 2023.
Hong Kong insurtech OneDegree upgrades pet insurance
Enrollment age limit for pets has been raised to 11 years old.
Premium downfalls still plague India's general insurers
Gross direct premiums fell 9.8% in May.
AIA Singapore's remote staff to receive $1,000
The insurer will also allow flexibility in working arrangements.
India's general insurance sector to decelerate 4% in 2020
Sector growth has been adjusted at a CAGR of 6.2%.
Manulife Hong Kong pilots virtual sales platform
Products will be available to customers starting 15 June.
NTUC Income Singapore pilots stackable insurance
SNACK allows micro-premiums and micro-policies that cover for 360 days.
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1. Hong Kong regulator guts insurance referral fees with 50% cap 2. Can China’s $140b motor insurance market survive a 70% loss ratio? 3. PNB MetLife launches dividend fund linked to insurance 4. Taiwan life insurers face rising risk in $32b FX mismatch 5. India set to outpace China, US in premiums by 2030Resource Center
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
