News
China OKs first JV firm in pension insurance sector
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.
Philippine life insurance premiums jumped 20.4% to $3.32b in 9M2018
Premiums from variable life insurance products hit $2.48b.
Indonesia life insurance premiums down 5% to $13.05b in 2018
Income from the bancassurance channel took a hit.
Hong Kong general insurers reverse from loss to $74.27m profit in 2018
Overall net premiums hit $4.49b.
Korea to tighten health insurance for expats
Foreigners with delayed insurance payments will face visa-related penalties by May.
87.7% in Vietnam covered for health insurance
Vietnam has paid $1.69b worth of insurance benefits in the first two months of 2019.
China to eclipse US as world's largest insurance market by 2030s
The CAGR hit 16% for the non-life segment and 17% in life from 2013-2017.
One in 10 Hong Kong SMEs do not have insurance protection: survey
Only a fifth of SMEs have insurance protection against business interruptions.
Vietnam to boost life insurance coverage to 15% by 2025
Only 8% of the population currently has a life insurance plan.
Insurers gear for Hong Kong's $1.27b national health insurance programme
The Voluntary Health Insurance System will offer $1,000 in tax benefits to lure residents.
Chinese insurers premium income up 24% in January
Premium income hit $126.61b at the start of the year.
New life business premiums in Malaysia inched up 1.8% to $2.52b in 2018
New premiums in the group business jumped 9.4% to $870m.
Singapore to raise insurance cover for overseas project funding to $50m
It aims to strengthen support for local businesses’ overseas expansion.
Singapore offers rewards of up to S$10,000 for insurance fraud tip-off
Individuals with knowledge of wrongdoing should submit documentary evidence.
Motor policyholders in India blame insurers for lapsed policies: survey
Around 36% specifically blamed their insurer whilst 23% pinned the blame on their agent.
Japan moves to limit national health insurance coverage
Only workers and their dependents in the country can avail to prevent abuse.
Thought Leadership Centre
In Association with
Most Read
1. How embedded finance and AI are reshaping Malaysia’s finance sector 2. Zhibao Technology opens reinsurance unit in Labuan for expansion 3. Insurers and pensions fill infrastructure lending gap: AllianzGI 4. Singlife launches shared accident coverage for families 5. Singaporeans hesitant on insurance as investment, CIMB study showsResource Center
Read Here
Advertise
Sign Up
Awards
Jul
08
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