News
Significant portion of Aussie millennials plan to travel without insurance: ICA
Significant portion of Aussie millennials plan to travel without insurance: ICA
Almost eight in 10 Australians under 30 are planning to travel more often.
Indonesian government to accelerate policy guarantee agency
This aims to protect policyholders in the event an insurance company goes belly up.
Chubb appoints new regional head of consumer for APAC
He has over 20 years of experience in the insurance industry.
Singapore life insurance new business premiums down by 5.9% in Q3
However, take up for new policies picked up by 12.8% in the quarter.
Hong Kong regulator warns public of phishing scams on Whatsapp
The messages purported to be from Sun Life Hong Kong.
Former AXA chief to lead Sun Life Hong Kong’s agency channels
She will also cultivate the insurer’s agency force in Mainland China.
India life insurance first-year premiums bounces back at 15.3% in October
Premiums, however, fell compared to the month before.
Waterdrop introduces insurance for recurring breast cancer
The product offers up to $41.38k of insurance benefits.
India insurance regulator pushes easing of capital requirements
The regulator aims to let smaller players entry into the market.
Great Eastern’s profit attributable to shareholders dips 12% to $780.9m in 9M22
The decline was due to lower valiant of investment in the shareholder’s fund.
PasarPolis pilots new one-stop-shop insurance app Tap Insure
The app was created in partnership with PT Zurich Asuransi Indonesia, Tbk.
Cover Genius bags $70m in Series D funding round
The round was led by Dawn Capital.
OneDegree increases cover for home appliances
It can now cover up to 14 types of commonly used home appliances
Singapore launches digital banker’s guarantee, insurance bond
The eGuarantee@Gov is available from over 20 financial institutions locally.
Singaporeans can now access consolidated views of their insurance policies
Deputy Prime Minister Lawrence Wong announced this during the SFF 2022.
Gigacover partners with yufin to launch health cover for SMEs in the Philippines
This will enable yufin to offer insurance products to SMEs.
Australian regulator names new chair
A new Deputy Chair and two new APRA members were also announced.
Commentary
AI isn’t replacing insurance, it’s finally making it work