News

Taiwan Life to maintain operating results, capital

Taiwan Life to maintain operating results, capital

It is expected to maintain good capital buffers to support business expansion.

IP coverage extended to COVID vaccines under WHO's special access route

It will apply to vaccines administered in Singapore under SAR.

AIA Singapore extends COVID-19 benefits

Its IP coverage for vaccine complications now include those approved by WHO under EUL.

Hong Kong's FWD files for US IPO

It is considering about $2b in the US share sale.

Philippine ombudsman junks raps vs Philhealth officials

It found insufficient evidence that the officials conspired against several Philhealth employees.

Better credit quality ahead for South Korean insurers in 2021

Life insurers saw better profits in 2020, whilst non-lifers saw improved loss ratio.

Australia's 360 acquires New Zealand's TLC Insurance

The acquisition allows 360 to expand its footprint in New Zealand.

South Korean insurers' RBC ratio falls to 256% in Q1 2021

The decline came as a hike in bond yields incurred valuation losses from bond investments.

Singapore's MAS reprimands AIA FA, Prudential, Aviva FA & CEO for breach of rules

They failed to properly monitor individuals onboarded as advisors, directors.

Prudential Singapore, KidSTART extend nutrition programme

Beneficiaries have been receiving fresh produce since May this year.

Thailand's Bangkok Insurance going strong despite looming pressures

Its balance sheet is supported by strong risk-adjusted capitalisation.

India issues indemnity guidelines for insurance intermediaries

Policies issued will cover damages resulting from breaches of duty.

India's Policybazaar granted insurance broking licence

It will now surrender its web aggregator licence.

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.