News

Insurers gear for Hong Kong's $1.27b national health insurance programme

The Voluntary Health Insurance System will offer $1,000 in tax benefits to lure residents.

Insurers gear for Hong Kong's $1.27b national health insurance programme

The Voluntary Health Insurance System will offer $1,000 in tax benefits to lure residents.

Chinese insurers premium income up 24% in January

Premium income hit $126.61b at the start of the year.

New life business premiums in Malaysia inched up 1.8% to $2.52b in 2018

New premiums in the group business jumped 9.4% to $870m.

Singapore to raise insurance cover for overseas project funding to $50m

It aims to strengthen support for local businesses’ overseas expansion.

Singapore offers rewards of up to S$10,000 for insurance fraud tip-off

Individuals with knowledge of wrongdoing should submit documentary evidence.

Motor policyholders in India blame insurers for lapsed policies: survey

Around 36% specifically blamed their insurer whilst 23% pinned the blame on their agent.

Japan moves to limit national health insurance coverage

Only workers and their dependents in the country can avail to prevent abuse.

Philippine insurers can now invest in infrastructure projects

The move enhnaces the investment options of the country's insurers.

Hong Kong approves license of 8th Chinese captive insurer

Shanghai Electric Group has received approval from the insurance authority.

South Korea insurance profits down 7.4% to $6.5b in 2018

Earnings from non-life insurers worsened as car losses rose.

Web-based insurance policyholders in China hits 222 million

Nearly 28% admitted to buying insurance from the Internet.

Go-Jek partners with insurtech firm Gigacover to provide driver insurance

It will cover driver-partners for medical leave of up to 21 days and hospitalisation leave of up to 84 days.

Britannia P&I gets licence to underwrite business in Singapore

It will handle the club’s members in the ASEAN, India, and Australasia.

Insurance Asia Awards 2019 opens for nominations

Entries are accepted until 19 April 2019.

Grab forms joint venture with ZhongAn to offer digital insurance products

The firms aim to provide its products to uninsured consumers through Grab’s mobile app.

Hong Kong to license first online-only insurer in December

The pioneer will be part of the new fast-track system.

3,000 job vacancies loom as Hong Kong's insurtech scene booms

There's a hot demand for risk managers and tech talents going into 2019.