Insurance
Singapore's MediShield Life payouts hit $800m in 2017
Singapore's MediShield Life payouts hit $800m in 2017
About 200,000 Singaporeans benefited from the payouts.
Regulatory tightening fails to cripple South Korean non-life insurers surplus growth
Strong exposure to long-term saving and protection is expected to boost VNB.
Japanese non-life insurers burned by fire premium losses
Insurance firms are bearing the weight of losses brought about by natural disasters.
India's national health insurance scheme embraces trusts
Out of the 26 states, an overwhelming 20 are opting for trusts.
Hong Kong's annuity scheme subscription hits $4.94b out of $10b limit
Average subscription amount was at $525,000.
Singapore's life insurance business premiums up 20% to $2.02b in H1
There was an uptake in both single and annual premium products.
Dai-ichi Life Insurance buys life unit of Australia's Suncorp for $540m
Australia represents an attractive market for Japanese insurers amidst shrinking markets back home.
Ping An eyes acquiring Prudential's Asian business
China’s deleveraging campaign has prompted the insurer to look for further growth engines.
Indian insurers to shoulder interest payments of delayed rural claims
Companies failing to clear crop loss claims within 2 months have to pay with 12% interest.
Thai life assurance business premiums up 5% to $9.38b in H1
Bancassurance and insurance agents drove growth.
China to launch national medical insurance by 2019
Urban and rural residents will enjoy equal benefits.
Hong Kong insurance sector taps on rattled Chinese market
New business premiums from Mainland clients hit $11.8b in Q1.
Chinese P&C insurers' digitalisation efforts beat Hong Kong and Japan
Ping An P&C’s motor insurance service uses image recognition to provide repair estimates based on submitted pictures.
Aviva SIngapore's life and health VNB surged 47% in H1
Growth was driven by the insurer’s financial advisory channel.
Here are the winners of the Insurance Asia Awards 2018
Over 250 trophies were awarded to winning banks and insurers.
Digital insurance revolution
How long did it take to sell 240,000 insurance policies online in 2017? Most insurance leaders across Asia guess “at least a few weeks.” The reality...
How robotics and cognitive automation will transform the insurance industry
The use of robots to drive tangible business benefits is very much a reality today. According to Transparency Market Research, the global IT-enabled...
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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. TS Holdings merges Shin Kong Life and Taishin Life 5. PNB MetLife launches dividend fund linked to insuranceResource Center
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
