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Chinese life insurance premiums to hit 13% in 2020
Traditional life insurance and health insurance to hit 10% YoY and 26% YoY.
Chinese life insurance premiums to hit 13% in 2020
Traditional life insurance and health insurance to hit 10% YoY and 26% YoY.
Low interest rate environment threatens South Korean life insurers' profits: report
Premium growth is suppressed by a weak economy and reduction of sales.
Singaporean regulator co-launches steering committee for the local insurance industry
It will monitor trends and identify emerging issues, collaborate with MAS on initiatives.
Indian insurers see modest growth for FY2020 at 4-15%
Coverage stocks will likely meet annual premium equivalent (APE) growth expectations.
Thai general insurance to hit $9.1b in 2019
Gross written premiums reached a CAGR of 3.1% between 2014 and 2018.
MS&AD and Manulife vie for Aviva's selected SEA assets
Aviva is seeking about $3b from the sale of its Singapore and Vietnam assets.
AXA Hong Kong's LifeDelight Insurance Plan goes live
The new plan offers life protection up to age 138.
New business premiums in life insurance down 2% to $1.97b in H1
The decline in single premium policies dragged half-year figures.
Here are the winners of the Insurance Asia Awards 2019
Over a hundred top executives graced the event.
Singapore's life insurance premiums to grow 5% in 2020
It will benefit from sustained demand for annual premium products.
How much are Singaporeans covered by public health insurance?
Nearly 7 in 10 are already covered by the Integrated Shield plan in 2017.
Japanese firms foray into Myanmar's highly uninsured market
Tokio Marine Holdings and Mitsui Sumitomo Insurance are amongst the firms seeking entry into Myanmar.
Hong Kongers still $480,000 short to afford retirement living: study
The median of current individual total assets is only $96,000.
Thailand unveils insurance policy for tourists
Premiums start from $13 per trip, up to seven days.
Hong Kong's Voluntary Health Insurance Scheme goes live
Features include coverage extended to unknown pre-existing conditions and no limitations on ‘lifetime benefit'.
China OKs first JV firm in pension insurance sector
The country is gearing up to embrace more overseas-funded players to engage in its financial market.
Insurance payments for migrant workers in Korea surged 75% to $349.61m in 2018
Korean law requires all foreign workers, especially those with E9 or H2 visa, to be insured.
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09
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Proactive dialogue with regulators, embracing tech advancements are key to preemptive compliance – EY's Anita Sun-Young Bong
![Proactive dialogue with regulators, embracing tech advancements are key to preemptive compliance – EY's Anita Sun-Young Bong]()
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The EY Partner reiterated that though innovation carries inherent risks, balancing it with risk management through crisis simulation systems ensures sustainable progress.
The EY Partner reiterated that though innovation carries inherent risks, balancing it with risk management through crisis simulation systems ensures sustainable progress.
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1. Hong Kong general insurance GWP to reach $10.9b by 2028 2. OCBC's bid for Great Eastern Life to boost sector valuations 3. Singlife introduces first market insurance for dementia care 4. Italian insurance-financial firm opens office in Singapore 5. SG’s life insurers see 32.2% leap in new business premiums in Q1’24Awards
Jul
09
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Firewalls are never enough