Insurance

Ignite by Igloo launches in Indonesia

This is their second market, after Vietnam.

Ignite by Igloo launches in Indonesia

This is their second market, after Vietnam.

Frequency of nat cat events to drive demand in commercial insurance in Japan

The general insurance industry in the country is growing at a CAGR of 3%.

Indian regulator proposes 20% ceiling for insurance agents’ commissions

The proposal will also require insurers to have a board-approved policy on commissions.

Australia life insurance industry net profits crashes by 51.6% in June

The industry’s total revenue also took a dive of 56.4%.

Australian general insurance industry suffers nearly $2b investment loss in June

This was caused by unrealised losses on interest-bearing investments.

Australia private health insurance net profit plummets by 28% in June

Net profits were mainly dragged down by a fall in investment income.

Manulife Hong Kong reports 20th consecutive year of core earnings growth

Core earnings in the first half of 2022 increased by 1%

Ping An net income climbs 3.9% in H1 2022

The group reported a 20.4% ROE for the first half of 2022

Consumers are cutting back on insurance spending and here’s why

With the cost of living on the upswing, will insurance be cut out of the household budget?

FTLife targets young consumers with new critical illness cover

The product is also perfect for first-time insurance buyers.

Allianz Life Malaysia adds two new cover for Allianz Care@Home

These are in addition to the coverage for dengue and COVID-19.

WTW appoints new Hong Kong and Macau leader

His experience includes working in Hong Kong and mainland China for 10 years.

Korea P&I Club underwriting profits to remain vulnerable: AM Best

This is despite mitigative actions done by the insurer.

Tokio Marine announces participation in ADB’s credit insurance program

The program aims to solve social issues in emerging countries in APAC.