News

South Korea's Kakao clinches initial nod for digital non-life licence

The company will be granted full approval within six months once prerequisites are met.

South Korea's Kakao clinches initial nod for digital non-life licence

The company will be granted full approval within six months once prerequisites are met.

Hong Kong insurers' reskilling efforts focus on data: report

The training market is adjusting through rehashing their portfolios.

Indian non-lifers post strong growth in May despite pandemic

Premium growth was driven by the low base effect plus growth in the health segment.

Australia's insurance reskilling looks 'robust': report

Training programmes are being offered especially on entry-level skills.

China orders banks, insurers to draft 'living wills': report

This is to ensure that troubled financial institutions won't end up needing costly bailouts.

670 Sun Life Asia advisors join MDRT Academy

The academy helps financial professionals accelerate their careers.

Indian general insurers expect single-digit premium growth in FY2022: report

It is expected to post a 3-4.5% marginaL ROE due to investment income.

Prudential Hong Kong to give away insurance plans to boost COVID vaccine

Hong Kong citizens who have received at least one vaccine dose can join.

Strong in-force business back 'resilient' Japanese life insurers

Pandemic-induced mortality losses will remain small.

Philippine congress passes mandatory environmental insurance coverage bill

It will require project owners and operators to compensate environmental damages.

HK insurers see gross premiums drop 4.6% in Q1 2021

Long-term insurance revenue premiums declined 5.2%.

New Zealand's EQC secures high reinsurance cover for homeowners

The 12.5% jump in cover shows good value amidst a challenging market, it said.

India's Star Health raises $164m in pre-IPO funding

Singapore's GIC led the funding, investing $182m (INR6b).

Singapore life insurers to lower caps on policy illustrations

The upper illustration rate will be capped at 4.25% p.a. and the lower rate at 3% p.a.

Chinese insurers pouring $36.6b into elderly care sector

Ten insurers have invested in 47 community care projects.

Regulators approve Taishin acquisition of Prudential Life Taiwan

Taishin will retain all Prudential employees and increase required capital.