Insurance
Prudential Singapore reports $743m premium sales in 2021
Prudential Singapore reports $743m premium sales in 2021
Momentum was supported by growth across the agency and bancassurance channels.
Gas up and get insured: AXA and Setel seals deal on digital motor insurance product
Setel users will now have the option to buy motor insurance with their accounts.
Allianz General Malaysia customers offered flash flood claims
A ‘Claims Caravan’ will also be deployed for a swift claims process.
Cyber threats to grow Hong Kong’s general insurance industry to $10b in 2026
Strong performance from liability, property, and financial lines insurance to boost the industry.
Women to bolster Fusion’s APAC underwriting team
These new senior appointments will power the firm's M&A underwriting business.
Bupa appoints new managing director
The new head has over 25 years of experience in the insurance industry.
MSIG Asia CEO Alan J. Wilson retires after 14 years
COO Clemens Philippi set to take the wheel on 1 April.
AIA buys Hong Kong insurer Blue Cross for $278m from BEA
A bancassurance partnership is also in the mix.
Hong Kong IA extends temporary distribution measures until September
This means face-to-face sales of some insurance products are still prohibited.
Hong Kong insurance firm staff heads for the exit and here’s why
The industry is on the cusp of a serious ‘brain drain’.
Hong Kong IA reveals insurance complaints dropped by 9% in 2021
The IA also said its handling of complaints also improved.
Taiwan non-life pre-tax profit surges to 85.7% YoY in January
The life insurance industry only saw a 6.2% increase.
India’s $8b IPO plans could go under review amidst Russian-Ukraine crisis
The IPO was scheduled to launch this March.
Australia private health insurers rallies in 2021 with 229.3% surge in profits
The increase was driven by insurance profits and investment income recovery.
Great Eastern reports 33% decline in shareholder profits for Q4
However, overall shareholder profit for the financial year of 2021 increased by 16%
Chinese insurer PICC P&C shrugs off sanctions on Russia
The insurer says their business is unaffected.
Surer backs new professional indemnity insurance in tripartite agreement
The product helps accountants protect themselves against lawsuits from clients.