News
Chinese insurers premium income up 24% in January
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.
Philippine insurers can now invest in infrastructure projects
The move enhnaces the investment options of the country's insurers.
Hong Kong approves license of 8th Chinese captive insurer
Shanghai Electric Group has received approval from the insurance authority.
South Korea insurance profits down 7.4% to $6.5b in 2018
Earnings from non-life insurers worsened as car losses rose.
Web-based insurance policyholders in China hits 222 million
Nearly 28% admitted to buying insurance from the Internet.
Go-Jek partners with insurtech firm Gigacover to provide driver insurance
It will cover driver-partners for medical leave of up to 21 days and hospitalisation leave of up to 84 days.
Britannia P&I gets licence to underwrite business in Singapore
It will handle the club’s members in the ASEAN, India, and Australasia.
Insurance Asia Awards 2019 opens for nominations
Entries are accepted until 19 April 2019.
Grab forms joint venture with ZhongAn to offer digital insurance products
The firms aim to provide its products to uninsured consumers through Grab’s mobile app.
Hong Kong to license first online-only insurer in December
The pioneer will be part of the new fast-track system.
3,000 job vacancies loom as Hong Kong's insurtech scene booms
There's a hot demand for risk managers and tech talents going into 2019.
Higher insurance coverage to boost Vietnam's healthcare sector
The plan to cover the health insurances of 84% of the population could drive investment growth.
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1. Manulife SG unveils indexed universal life solution for wealth preservation 2. Manulife dares startups to tackle Asia’s age imbalance 3. Zurich, HTHK launch SIM plans with travel insurance for GBA trips 4. Prudential’s new business profit rise 12% to $608m in Q1 5. PwC's Chris Hewison explores how Asia's insurers can thrive amidst tech disruption and shifting customer demandsResource Center
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Hewison highlights how insurers must balance innovation with trust, compliance, and societal impact to remain resilient and relevant in an increasingly complex landscape.
