News
Indian insurers can now invest in fund of funds
But they can not invest into policyholder funds outside India.
Effect of low rates on APAC insurers yet to be seen: report
High reserves and lower investment returns will subdue profitability.
Indonesia's Tugure eyeing overseas expansion
The move will play a role in its vision to become a regional insurer by 2024, it said.
India drafts rules for insurers offering trade credit insurance
A policy can grant an indemnity of up to 60% of trade receivables.
Vietnam to launch national insurance database in June
It will cover social, health and unemployment insurance.
Online insurance platform Policybazaar planning $500m IPO
It is seeking a listing before end-2021.
Chinese online property premiums dropped to $12.2b in 2020
Underwritten insurance contracts also went down over the course of last year.
Indian health insurance plans constant in Q1: report
The average price for an insured sum hit $283 and $371.
Hong Kong adjusts insurance premium levy rate to 0.1%
Levy cap is at HK$100 for life policies and HK$5,000 for general policies.
Japanese insurers eyeing US bonds again
US bonds are becoming attractive with yields nearing 2%, insurers say.
Capacity in SEA property market curb price hikes: report
Regional pro rata capacity remained tight but unlocked in most cases.
China Strategic in talks to buy Hong Kong Life
The insurer could be valued at between $400m and $500m.
South Korean insurer lending rose 7.8% in 2020
Outstanding loans totaled $224.4b as of end-December.
Families of Taiwan train crash victims entitled to $158,000 from insurers
It includes a $88,000 basic coverage in carrier's liability from Cathay Century Insurance.
Insurers expanding doctor panels for IP plans: LIA Singapore
All panel fees are also within the health ministry's benchmark.
Malaysia's non-life insurers 'disciplined' despite pandemic: report
Adequate capital has supported industry profitability, analysts say.
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Event News
Value migration to non-bank players with a "focused" model is accelerating.
Commentary
The increasing number of affluent individuals in India and their evolving insurance needs