Insurance

Insurtech KoverNow launches protection for luxury watches

The insurance can be turned on and off on an as-needed basis.

Fosun Group cuts down insurance investments in New China Life

The group scaled down its Hong Kong-traded shares in the insurer.

Digit Insurance IPO put on hold by regulator

The IPO would have seen $160m raised for the insurer.

India’s general insurance industry growth rate sluggish in August

Private insurers outpacing public peers continues to be a growing trend.

FWD launches new critical illness cover for Singaporeans

It protects policyholders from early stages of cancer, heart attack and stroke.

Virtual insurer Bowtie cuts down product prices by half

This is done by cutting out insurance agents from the onboarding process.

Chicago-based crypto insurer to launch in Hong Kong and Australia

It previously announced its capabilities to write policies in Canada and the UK.

AXA, HSBC launches domestic helper insurance in Hong Kong

It insures both domestic helpers and their employers.

New Zealand extreme weather claims hit $26.08m in July

Three extreme weather events triggered 6,266 claims for the month.

FWD reports $200m before tax operating profit in H1

Its value of new business increased by 25% for the first half of 2022.

Singlife with Aviva rolls out cover for electric vehicles

The insurer will also offer a 10% discount for EV users.

Banker to insurer: Great Eastern’s Jimmy Tong recalls his journey

The two roles overlap when it comes to protecting clients’ assets

Sun Life signs MoU with Community Chest

The insurer has pledged S$500k to help promote diabetes awareness and mental wellness.

Manulife appoints new chief customer officer for Hong Kong and Macau

The new chief has over 25 years of experience in the financial industry.

Swiss Re Group CIO steps down after 25 years

His retirement will be effective on 31 March 2023.

Insurance firm oligopoly holds 86% of Japan’s net premium income

Net premium income for all business lines in 2021 reached $62b.