Insurance
Chinese insurers' insolvency still strong, but risks persist
Chinese insurers' insolvency still strong, but risks persist
Both life and P&C insurers can suffer from insolvency drops this year.
Crisis exacerbates Taiwan life insurers' woes
The sector heavily depends on spread gains which are sensitive to volatility.
Australia's Suncorp to lose $87m due to COVID-19
The pandemic has had a negative effect on gross written premiums.
Manulife's Q1 core earnings climb 10% to HK$1.4b
In-force business growth and higher sales spurred the growth.
AIA Hong Kong launches first robotic investment choice service
This will help clients purchasing new ILAS policies to build their investments.
HSBC to buy out China life insurance partner
The transaction will be structured as a transfer of equity interest.
Great Eastern's net profit crashes 90% to $33.9m in Q1
Total weighted sales rose due to growth momentum in Singapore and Malaysia.
HSBC Life Hong Kong launches video-conference insurance service
Retail banking clients registered in Personal Internet Banking can opt in.
Almost half of APAC residents seek new insurance policies
85% in China expect insurance companies to payout valid claims.
Singapore insurance regulators extend COVID-19 coverage to CCF, CRF patients
Patients may claim hospital cash benefits for a maximum of 14 days.
HSBC Life Hong Kong rolls out dementia support programme
Eligible households will receive essential goods and online training modules.
India's life insurance posts 32.2% drop in first year premiums for March
Life Insurance Corporation of India continues to lose its market share.
Prudential Singapore launches AI-backed mobile healthcare app
It can be used to check symptoms and video consult with doctors.
AXA Singapore to use digital end-to-end services amidst distancing measures
Clients can use a video conferencing and co-browsing platform with their consultants.
AXA Hong Kong releases first policy with dementia benefit
The plan has an annuity period of 10 to 20 years starting at the age of 50.
Great Eastern boosts digital tools amidst COVID-19 pandemic
Authorisation of policy purchases will be simplified.
AIA Hong Kong grants free COVID-19 coverage through mobile app
Payments for diagnosis and death will be guaranteed.
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
