News

Ping An net income climbs 3.9% in H1 2022

The group reported a 20.4% ROE for the first half of 2022

FTLife targets young consumers with new critical illness cover

The product is also perfect for first-time insurance buyers.

Allianz Life Malaysia adds two new cover for Allianz Care@Home

These are in addition to the coverage for dengue and COVID-19.

WTW appoints new Hong Kong and Macau leader

His experience includes working in Hong Kong and mainland China for 10 years.

Sun Life Hong Kong launches Stellar (18-pay) with death benefit settlement option

Clients can choose between paying by instalments or paying in full.

Korea P&I Club underwriting profits to remain vulnerable: AM Best

This is despite mitigative actions done by the insurer.

Tokio Marine announces participation in ADB’s credit insurance program

The program aims to solve social issues in emerging countries in APAC.

Hong Kong Insurance Authority warns public of bogus calls

The callers are pretending to be staff from the IA to gain private information.

South Korean non-life insurers to suffer heavy loss August floods: Fitch

However, reinsurance safeguards will shield most insurers from major losses, AM Best said

Tokio Marine launches new cancer protection with multiple payouts

It boasts one of the highest potential payouts at 475%.

Digit Insurance files for IPO

The insurer plans to raise more than $160m

Surer inks partnership with Delta Underwriting

The aim is to provide intermediaries quick access to cyber insurance products.

Hang Seng Bank seeks new insurance partner—report

The bancassurance partnership could value more than $100m.