News
Hong Kong insurance premiums to grow 1.46% in 2020
Hong Kong insurance premiums to grow 1.46% in 2020
This is barely a quarter of the 6.3% rise in 2019.
Great Eastern H1 2020 group profit falls 35% to $240.4m
Operating profits surged 57% to $351.3m (S$484.3m).
Thai non-life insurance segment to dwindle 5.6% this year
The motor insurance market will fall 6%.
Higher equity investments could nick Chinese insurers' capital
The sector must manage their investments, analysts said.
South Korea to expand employment insurance by 2025
It aims to protect gig workers not directly employed by companies.
China to hike insurers' equity investments to 45%
Currently, China caps all insurers' equity investments at 30% of their total assets.
Japan's life insurers keep focus on customers amidst pandemic
They will consider special measures for COVID-hit clients.
Hong Kong regulator urged to push insurers on ESG disclosure: report
The regulator has yet to require the sector to do so.
China's P&C sector profits endangered over auto insurance reform
Auto insurance premium rates are expected tof all over the next two years.
Japan's P&C insurers can manage losses from Kyushu floods: analysis
Large industrial zones were not affected, which would limit potential losses.
Indonesia mulls closing state life insurer Asuransi Jiwasraya
Policies will be restructured and then turned over to a new company.
One-third of New Zealand's SMEs mull insurance changes
One in five is looking to increase its cover.
Malaysia's insurance sector sees quick recovery until 2030
The sector dodges contraction with a measly 0.9% premium growth this year.
FWD acquires MetLife Hong Kong
The company will rebrand and rename MetLife in the next few months.
India urges insurers to offer COVID-specific health policies
A lump sum benefit equal to 100% of the sum insured shall be payable.
South Korean insurers faced financial decay in Q1
Risk-based capital ratio declined 2.4pp to 267.2% in March.
Lower claims cushion Australian P&C insurers from market volatility
Effective policymaking has also protected the segment from external shocks.
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