News

South Korea's ageing population poses key challenge to local insurers
12 Jan 21
Expected reliance on health insurance may leave insurers vulnerable to medical risks.
Japan's life insurance union to boost customer service in 2021: chairman
12 Jan 21
They have been working on materials for elderly clients and high school students.
South Korean insurers see 'healthy' Q3 financial results
4 Jan 21
Risk-based capital ratio of local insurers gained 7.5pp to 283.9%.
It's the most wonderful time of the year!
18 Dec 20
We're taking the time off!
APAC PA&H written premiums to hit $240.1b in 2023
15 Dec 20
Digitalisation and disease-focused plans helped insurers boost value proposition.
Aviva to sell Vietnam unit to Manulife
15 Dec 20
Manulife has also agreed to a bancassurance partnership with VietinBank.
What does the 'new normal' look for the insurance sector?
11 Dec 20
Insurance Asia's first-ever virtual conference tries to answer the question.
APAC insurers' stable outlook highlights strong performance
11 Dec 20
The pandemic will still bring short- to long-term changes in the sector.
Singapore central bank bans two insurance agents for dishonesty
3 Dec 20
They were formerly with Aviva and Great Eastern Life, respectively.
Capital erosion ahead for Japan life insurers amidst lower premiums
3 Dec 20
Capitalisation may have improved but headwinds remain.
Nominations are now open for the sixth Insurance Asia Awards
2 Dec 20
Deadline for submission of entries is on 5 March 2021.
SFF x SWITCH 2020 To Feature 40 Global Satellite Events
27 Nov 20
Kicking off on 7 December, the conference features key luminaries that include Bill Gates, NZ PM Jacinda Ardern, amongst others.
Allianz Malaysia's gross written premiums jump 8.7%
27 Nov 20
Both its general and life businesses posted increases in GWP.
Feeble premiums growth cap Chinese insurers' valuations
23 Nov 20
Average premium income for the big six insurers shrank 1.3% YoY.
Singapore's life segment to hit S$43.5b in 2024
18 Nov 20
It posted a 13% drop in weighted new business premiums in H1 2020.
Vietnam's general insurers to slow down 3.4% in 2020
18 Nov 20
Headwinds such as a sluggish economy and disasters will lower premium earnings.
Singapore pilots insurance coverage for foreign inbound travellers
18 Nov 20
The products grant at least S$30,000 in coverage for medical treatment.
Japan P&C insurers' ESG actions spell short-term pitfalls: report
11 Nov 20
Legacy practices subvert their flexibility in handling ESG initiatives.
Indian non-life insurers show mixed October results
10 Nov 20
Monthly numbers slipped but YTD figures rose.
Indian life insurers record fourth straight growth in October
10 Nov 20
First-year premiums jumped 31.9% to $3.07b.
Singapore's life segment posts 2% drop in Q3 weighted new premiums
6 Nov 20
Total weighted premiums hit S$1.33b.
Join Insurance Asia's first Virtual Conference 2020!
4 Nov 20
Around 100 participants are expected.
Great Eastern posts 40% profit jump in Q3
4 Nov 20
Total weighted new sales ballooned 36% to $316.3 (S$432.8m).
Malaysian general insurance sector to shrink 2.2% this year
21 Oct 20
The downturn is most evident in the motor insurance business.
FWD Hong Kong floats new flexi-plan product
16 Oct 20
It has a "pre disability per policy year" claims mechanism.
Insurtech Cover Genius raises $10.6m in funding round
16 Oct 20
The firm has announced its product launches on Shopee Thailand.
Allianz Life Malaysia, RHB Trustees partner for legacy planning
14 Oct 20
Clients will be able to set up trusts with a special fixed rate.
Bank of East Asia commences sale of life insurance arm
25 Sep 20
It hopes to have an agreement for recurrent revenue.
Pandemic puts brakes on Chinese general insurers
17 Sep 20
The sector is expected to just grow 3.8% this year.
Singlife, Aviva Singapore to merge
14 Sep 20
Singlife and its consortium will acquire a 75% stake in the latter.
Japan's top insurers unsafe amidst reliance on individual life
7 Sep 20
Over-reliance on one product will stunt sector growth.
Asian reinsurers to refocus existing protection amidst pandemic
27 Aug 20
They are re-emphasising on capital to build buffers against claims and losses.
Coinsurance to alter Korean insurers' capital efforts
27 Aug 20
It would be more benefitting for the life segment.
Singtel, Great Eastern float general insurance plans
26 Aug 20
They will be starting with Singtel Home Protect which covers telco and housing bills.
Most Singaporeans had positive pandemic-related travel claims: survey
25 Aug 20
Over half were processed within seven days.
Chinese insurtech Waterdrop nabs $230m funding from Swiss Re, Tencent
24 Aug 20
Swiss Re reportedly invested $100m in the platform, a source said.
AIA's H1 operating profit grows but new business sinks
20 Aug 20
Limited face-to-face sales pushed VONB down.
Australian life insurers sink as slump hits sector
19 Aug 20
Recovery will be a measly 0.2% in 2021.
Malaysia's life insurers suffer 12.6% fall in H1 total premiums
19 Aug 20
Investment-linked policies dropped 24.5%, triggering the fall.
China's economic rebound to test foreign insurers
17 Aug 20
The country is dominated by local insurers.

Events Calendar

Jul 21
Insurance Asia Awards 2021
Shangri-La Hotel, Singapore