News

India’s life insurance industry sees 20.2% YoY APE growth in June

CareEdge foresees medium-term outlook to remain positive.

Police Health Plan maintains a robust balance sheet

It benefits from a high penetration rate within the police force.

China absorbs $13b loss in natural disasters in H1 2024

The government has allocated $570m for disaster management this year.

AIA teams with BlackRock, BNY for scalable investment ecosystem

It will use BlackRock’s Aladdin technology with BNY’s data management.

Health insurance essential, but too much can rack up prices: MOH

With rising claims, insurers are barely profiting from health insurance.

Great Eastern halts trading of its shares in SGX

This follows OCBC's increased shareholding in the insurer.

1 in 5 Australians switch home insurance to save costs

Alarmingly, 3% downgraded or dropped their policy completely.

AIA S’pore taps new tech lead

Afees Ashroff has more than two decades of experience in banking and insurance.

FWD Group maintains MDRT top 10 streak

FWD Group now has 2,089 MDRT members.

Insurance agent barred for misappropriating funds

He allowed premiums totalling $4,623 to be deposited into his bank.

Ant Insurance’s partners see $1.93b in claims

On a year-on-year basis, this was up 30%.

Sompo appoints new consumer lines leader for APAC

He has an 18-year experience in the industry.

Steadfast Group bags 17th spot in AM Best’s list

The broker was first of three newcomers in the ranking.

IndiaFirst Life appoints new leaders for expansion

Both are president & chief distribution officer for two different divisions.