News

Asian life insurers' embedded value surged 19.2% to $480b in 2017
18 Sep 18
South Korea led the region in terms of highest EV growth.
Tighter oversight pushes Chinese life insurers premiums down 24% in H1
14 Sep 18
Sales of short-term savings product were hit.
Singapore's CPF retains ninth spot in world's biggest pension funds
13 Sep 18
It lagged behind South Korea's National Pension and China's National Social Security.
Indian banks urged to have cyber insurance
29 Aug 18
Smaller banks have insufficient coverage which does not cover cyber heists.
Singapore's MediShield Life payouts hit $800m in 2017
20 Aug 18
About 200,000 Singaporeans benefited from the payouts.
Regulatory tightening fails to cripple South Korean non-life insurers surplus growth
17 Aug 18
Strong exposure to long-term saving and protection is expected to boost VNB.
India's national health insurance scheme embraces trusts
17 Aug 18
Out of the 26 states, an overwhelming 20 are opting for trusts.
Hong Kong's annuity scheme subscription hits $4.94b out of $10b limit
13 Aug 18
Average subscription amount was at $525,000.
Singapore's life insurance business premiums up 20% to $2.02b in H1
13 Aug 18
There was an uptake in both single and annual premium products.
Indian insurers to shoulder interest payments of delayed rural claims
3 Aug 18
Companies failing to clear crop loss claims within 2 months have to pay with 12% interest.
Thai life assurance business premiums up 5% to $9.38b in H1
3 Aug 18
Bancassurance and insurance agents drove growth.
China to launch national medical insurance by 2019
3 Aug 18
Urban and rural residents will enjoy equal benefits.
Hong Kong insurance sector taps on rattled Chinese market
3 Aug 18
New business premiums from Mainland clients hit $11.8b in Q1.
Here are the winners of the Insurance Asia Awards 2018
27 Jul 18
Over 250 trophies were awarded to winning banks and insurers.
Asia at risk with cyber insurance scarcity
25 Jul 18
The region's cyber insurance take-up rate is negligible at only less than 6%.
Here are the 5 key technologies in Asian insurers' digitalisation push
25 Jul 18
They lead in investment, in-memory analytics, and cloudbased analytics solutions.
Japanese P&Cs face fierce price war risk
25 Jul 18
E-commerce giant Rakuten and other players may "threaten" the country's insurance market.
Asia still lags in insurtech amidst 169% growth in deal values
25 Jul 18
Deals in Asia-Pacific account for only 7% of the the global share.
Life annuity scheme launched for Hong Kong's senior citizens
6 Jul 18
Men will receive a monthly payout of $5,800 whilst women get $5,300.
Japanese insurers embrace third-sector medical policies to weather ultra low rates
1 Jun 18
They rose 9% whilst individual annuity policies plunged 56% in fiscal 2017.
Singapore government unveils revamped insurance scheme for seniors with disability
31 May 18
CareShieldLife will be rolled out by 2020.
World's first blockchain marine insurance platform rolled out
25 May 18
‘Insurwave’ can help manage risk for more than 1000 commercial vessels in its first year.
Singapore listed insurance trio posts 8.6% return in May
25 May 18
The three insurers performed strongly despite intensified competition.
Korean life insurance net income crashes 21.7% to $316.9b in Q1
25 May 18
Blame premium income from savings-type insurance products which plunged by $2.5b.
China's online property insurance premiums surge 30.9% to $2.26b in Q1
25 May 18
The quarterly growth reverses a slight decline registered last year.
Hong Kong insurance tax bill gazetted
21 May 18
It enables a tax deduction for residents buying health insurance under the VHIS.
New Zealand regulator alarmed by $34m spent on insurers' non financial incentives
18 May 18
Trips, business support and conferences may influence insurers’ exercise of duty.
Chinese insurers defy deleveraging campaign by ramping up alternative asset allocation
18 May 18
Such assets offer higher returns of 9.42% than 5% on average offered by corporate bonds.
Singapore life insurance premiums up 14% to $689.23m in Q1
10 May 18
Linked policies led the charge after surging 82% in Q1.
China's insurers remain flush with money
3 May 18
Average comprehensive solvency ratios of life and P&C insurers remained above 200% as of end 2017.
Singapore to roll out blockchain-powered insurance ecosystem
3 May 18
Deloitte, FWD and Ziliqa are amongst the launching partners.
Chinese P&C life insurers premium growth slow 16% in 2017
23 Apr 18
Non-motor premium growth hit 33%, outpacing total growth in premium at 6%.
Insurance Asia Awards 2018 now open for nominations
12 Mar 18
The deadline for nominations is on 20 April 2018.
Here are the winners of the Insurance Asia Awards 2017
5 Feb 18
Over 180 trophies were awarded to winning banks and insurance companies.
How can technology cause insurers' profits to fall precipitously?
26 Jan 18
When a top insurance company in the US found that its customers seeking an online insurance quote were finding it tedious to fill out numerous...
Why is insurers' anxiety at an all-time high?
26 Jan 18
If regulatory and macroeconomic risk were foremost amongst insurer worries two years ago, these have now been overtaken by anxieties on coping...
M&As heat up in Hong Kong insurance
26 Jan 18
An invasion is afoot in the Hong Kong insurance industry, and it is led by non-insurers entering the market to acquire established local players....
Emerging Asia to lead insurance sector growth
26 Jan 18
China, Indonesia, Malaysia, and India are the most promising economies.
Breaking the analytics code in insurance
19 Sep 17
With rapid and revolutionary transformations in business-customer interaction across the globe, private customer data is now considered the...
Seven tech trends in insurance
19 Sep 17
If property & casualty (P&C) insurers want to dominate the industry in the coming years, then part of their game plan should involve...

Events Calendar

Nov 12
Singapore FinTech Festival 2018