Insurance
This week in insurance: New life and savings products roll out, bancassurance deals expand across Asia
This week in insurance: New life and savings products roll out, bancassurance deals expand across Asia
An Indian insurer has also partnered with a bank to expand coverage in the market.
Cigna rolls out VitalGuard Critical Illness Plan in Hong Kong
The health plan safeguards customers with comprehensive critical illness coverage.
Millions of self-reliant adults in India remain outside private coverage
Private insurers struggle to cover self-reliant adults
Singlife taps distribution veteran to lead PROPEL
She was a COO at GROW with Singlife.
Mini retirements spur HSBC indexed income plan launch
Payments can continue up to age 120.
Prudential funds buyback with $700m from ICICI Pru AMC IPO
The 2026 buyback will comprise $500m of recurring capital returns.
HDI Global names Hiro Yamasaki Japan branch managing director
Yamasaki has held senior roles in Japan and the US.
PNB MetLife partners Shivalik Bank to expand rural coverage
Shivalik Small Finance Bank has a network of 79 branches and 136 exclusive outlets.
Reinsurance prices fall at 1.1 renewals: Howden
The declines came despite higher attachment points and tighter terms.
Will Gen AI caution worsen Singapore’s insurance talent crunch?
Regulatory expectations are pushing the industry to strengthen expertise risk management.
Berkshire tops Allianz as largest insurer by assets: AM Best
Previously, Allianz held the top position by nonbanking assets for five consecutive years.
Singlife consolidates 1,200 employees into Straits View site
The insurer now occupies about 74,000 square feet across three floors.
Hong Kong insurers pay $33.4m after Tai Po fire
For life insurance, residents of Wang Fuk Court hold about 10,660 policies.
GST exemption may squeeze India’s life insurers’ FY 2026 margins
Also, recent regulatory changes are expected to have mixed effects.
Zurich, YAS use AI to link taxi insurance to driving behaviour
Drivers with higher scores will unlock broader coverage and more benefits.
Manulife Hong Kong launches two new participating savings plans
This comes as 7 in 10 Hong Kongers see financial health as important to longevity.
Heng An Standard Life adds two Barings income funds in Hong Kong
Barings said the new funds are aimed at investors seeking income whilst managing risk.
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
