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Insurance Asia bags Special interest Media of the Year - Silver at the Asia Pacific Publishing Awards
Insurance Asia bags Special interest Media of the Year - Silver at the Asia Pacific Publishing Awards
Its sister publication Singapore Business Review also nabbed the gold award for the business/professional media of the year in the Media Publishers Association (MPAS) Awards.
Car insurance costs in Singapore are still cheaper than New York
The average cost of motor insurance is at $862.
World's first commercial cyber risk pool launched in Singapore
It will commit up to US$1b in capacity to provide cybercoverage.
Asian life insurers' embedded value surged 19.2% to $480b in 2017
South Korea led the region in terms of highest EV growth.
Tighter oversight pushes Chinese life insurers premiums down 24% in H1
Sales of short-term savings product were hit.
Singapore's CPF retains ninth spot in world's biggest pension funds
It lagged behind South Korea's National Pension and China's National Social Security.
Indian banks urged to have cyber insurance
Smaller banks have insufficient coverage which does not cover cyber heists.
Singapore's MediShield Life payouts hit $800m in 2017
About 200,000 Singaporeans benefited from the payouts.
Regulatory tightening fails to cripple South Korean non-life insurers surplus growth
Strong exposure to long-term saving and protection is expected to boost VNB.
India's national health insurance scheme embraces trusts
Out of the 26 states, an overwhelming 20 are opting for trusts.
Hong Kong's annuity scheme subscription hits $4.94b out of $10b limit
Average subscription amount was at $525,000.
Singapore's life insurance business premiums up 20% to $2.02b in H1
There was an uptake in both single and annual premium products.
Indian insurers to shoulder interest payments of delayed rural claims
Companies failing to clear crop loss claims within 2 months have to pay with 12% interest.
Thai life assurance business premiums up 5% to $9.38b in H1
Bancassurance and insurance agents drove growth.
China to launch national medical insurance by 2019
Urban and rural residents will enjoy equal benefits.
Hong Kong insurance sector taps on rattled Chinese market
New business premiums from Mainland clients hit $11.8b in Q1.
Here are the winners of the Insurance Asia Awards 2018
Over 250 trophies were awarded to winning banks and insurers.
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08
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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.
