Insurance

Understanding demand for specialty lines in Asia: the road ahead

Understanding demand for specialty lines in Asia: the road ahead

The Asian insurance industry has shown strong resilience, despite the economic crisis brought about by the COVID-19 pandemic since the start of 2020...

Hong Kong’s total gross premiums dips by 2.2% to $39.48b

However, new sales of life insurance policies went up by 22.9%

Pandemic boosts APAC’s insurance giants 2020 performance: analyst

The top 20 insurance firms reported an aggregated premium of $821.4b.

AIA Singapore appoints new AIA Financial Advisers CEO

He has over 23 years of experience in all areas of distribution and strategy.

China probing Ping An Insurance’s property market investments: report

The insurer disclosed $8.4b exposure to China Fortune Land Development in February.

ICA warns new cybersecurity rules could raise premiums

Australian insurers urged the government to approach these amendments with caution.

China Life H1 2021 profit soars to 34.2%

This is despite the sluggish growth of GWP due to the impact of COVID-19.

APAC saw lowest insurance M&A deals since 2011

M&A decreased by as much as 51% in H1 2021.

Allianz Malaysia GWP surges to $662m for H1 2021

However, profits before tax is 19.6% lower compared to last year.

Zurich Hong Kong launches new insurance plan for domestic helpers

The plan comes with multiple new protections for employers and employees.

PICC Property and Casualty H1 net profit surges to CN¥16b

China’s biggest non-life insurer beat street estimates despite decelerating QoQ growth.

Asia to lead the charge to insurance industry’s digitalisation

Its less mature commercial insurance market is actually an asset, Concirrus’ executive reveals.

AXA, HSBC unveil insurance for Hong Kong residents studying overseas

For as low as HK$4,000, students can enjoy up to HK$2.5m coverage.

Natural calamities, pandemic push Asian reinsurers’ growth

Climate change and the COVID-19 pandemic presents vast potential for the reinsurers’ to transform.

AIA Group reports 22% surge in value of new business for H1 2021

The group’s China segment was named its largest contributor.

HSBC Insurance buys AXA Singapore for US$575m

The company plans to merge its Singapore operations with AXA Singapore.

Dai-ichi cements position as Australia’s top insurer with Westpac acquisition

With Westpac Banking Corp's exit from life Insurance, Dai-ichi is now the top dog.