News

8 Apr 21
It is seeking a listing before end-2021.
7 Apr 21
Underwritten insurance contracts also went down over the course of last year.
7 Apr 21
The average price for an insured sum hit $283 and $371.
6 Apr 21
Levy cap is at HK$100 for life policies and HK$5,000 for general policies.
6 Apr 21
US bonds are becoming attractive with yields nearing 2%, insurers say.
6 Apr 21
The insurer could be valued at between $400m and $500m.
5 Apr 21
It includes a $88,000 basic coverage in carrier's liability from Cathay Century Insurance.
5 Apr 21
All panel fees are also within the health ministry's benchmark.
31 Mar 21
Adequate capital has supported industry profitability, analysts say.
30 Mar 21
Expanding panels to all private specialists may lead to higher premiums.
30 Mar 21
The new rules expand the scope of insurable risks for captives.
29 Mar 21
Gross written premiums rose 8% to $93.6b.
26 Mar 21
It will expand insurance penetration and boost valuation of insurers.
26 Mar 21
This was partly attributed to lower car accidents during the pandemic.
25 Mar 21
Its P&C segment's net profit also dropped 16.4%.
25 Mar 21
BEA will distribute life savings products to retail clients in Hong Kong and the mainland.
24 Mar 21
Gross written premiums grew 14.2% to $2.6b.
24 Mar 21
The central bank assumes a tech-agnostic regulatory approach.
23 Mar 21
Suncorp and Insurance Australia Group have received 1,300 and 2,100 claims, respectively.
22 Mar 21
There should be systems for policyholders to track their claims.
22 Mar 21
A review shall be conducted if an investment affects or may affect national security.
22 Mar 21
The sector had one of the highest five-year compound growth rates before COVID-19.
22 Mar 21
Offer price is S$0.3535 per share.
19 Mar 21
Insurers can still make minor modifications.
18 Mar 21
Underwriting profit reached S$237.3m.
18 Mar 21
Almost 33,000 code violations were reported.
18 Mar 21
Pricing has risen across several segments.
17 Mar 21
Strong capitalisation is likely to be maintained despirte headwinds.
15 Mar 21
It aims to extend access to patients' insurance policy details.
15 Mar 21
There is still underinsurance of seismic risk even if the share has risen.
15 Mar 21
Revenue surged 81.7% to $6.4b amidst economic improvements.
15 Mar 21
But net premiums fell 8.7% in the same year.
15 Mar 21
But new office premiums shrank 22.8%.
12 Mar 21
It has transferred its P&C underwriting from Hanover to Asia.
12 Mar 21
Capital bonds as alternative funding may boost sector capital adequacy.
12 Mar 21
It pushes for a four-day pause for a principal product sale and add-on sale.
12 Mar 21
The revisions will now be introduced to Parliament.
12 Mar 21
Value of new business fell 33% in the same year due to operational changes.
12 Mar 21
The virtual event will be held on 6 May 2021.
11 Mar 21
Greensill has filed for insolvency after losing coverage for debt repacking business.