Insurance
FWD Hong Kong, Octopus float savings and insurance plan
FWD Hong Kong, Octopus float savings and insurance plan
It can be activated with an initial premium of as low as HK$300.
Hong Leong partners with Munich Re to enhance underwriting process
ALLFINANZ will reportedly streamline process and be more cost effective.
Most Australians can't pay upfront fee for insurance advise: study
Regulatory disruptions have also reduced access to life insurance.
Hong Kong insurance premiums to grow 1.46% in 2020
This is barely a quarter of the 6.3% rise in 2019.
Manulife Hong Kong pilots two new CI plans
The plans cover up to 112 illnesses until the age of 100.
Great Eastern H1 2020 group profit falls 35% to $240.4m
Operating profits surged 57% to $351.3m (S$484.3m).
Sun Life Hong Kong unveils new wealth management insurance plan
Clients need only to pay as low as HK$488 monthly to avail of the service.
Ping An, pharma firm Shionogi float joint venture firms
The firms are registered in Hong Kong and Shanghai.
Thai non-life insurance segment to dwindle 5.6% this year
The motor insurance market will fall 6%.
AXA Singapore to offer unlimited telemedicine, waiver delivery fees
Teleconsultations can be booked through Fullerton Health's FHN3 app.
Higher equity investments could nick Chinese insurers' capital
The sector must manage their investments, analysts said.
South Korea to expand employment insurance by 2025
It aims to protect gig workers not directly employed by companies.
China to hike insurers' equity investments to 45%
Currently, China caps all insurers' equity investments at 30% of their total assets.
Japan's life insurers keep focus on customers amidst pandemic
They will consider special measures for COVID-hit clients.
HSBC Life Hong Kong floats two customisable plans
Clients can pick their coverage based on life-stage needs.
Only 3 in APAC's 50 largest insurers were ready for the pandemic: study
Only AIA, Tokio Marine, and MS&AD considered a pandemic as a key risk to operations.
Hong Kong regulator urged to push insurers on ESG disclosure: report
The regulator has yet to require the sector to do so.
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1. Singapore’s finance sector hit by the second-highest job cuts rate 2. Singlife updates Shield Plan riders to boost healthcare affordability 3. Prudential slashes medical rider premiums by 55% amidst MOH shift 4. Underinsurance crisis leaves 1 in 7 Australian homes unprotected 5. How can M&A offset slower insurance growth?Resource Center
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Event News
She examines technological changes affecting actuarial work and emerging trends that are currently shaping the insurance industry.
Commentary
For Asia’s insurers, boldness is the key to an AI-driven transformation