News
Mitsui Sumitomo to buy US reinsurance broker for $400m: report
Mitsui Sumitomo to buy US reinsurance broker for $400m: report
The Japanese property insurer aims to expand its reach into the reinsurance business.
General takaful drives Malaysia’s non-life insurance growth
Non-life grew by 4% in 2021.
Manulife Hong Kong launches new critical illness plan
The maximum payout could reach a potential HK$1m.
AXA reaches in $5.77b in gross revenues for Asia in H1
The insurer’s P&C business in the region grew by 7% YoY.
Generali reveals H1 financial results
P&C insurance line boosts premium growth for the insurer’s H1 performance.
Hong Kong receives fewer insurance-related complaints in H1
Complaints about conduct have the most significant number.
Outstanding insurers recognised at the 7th Insurance Asia Awards
These companies have made worthwhile contributions to the advancement of the insurance industry in the Asia Pacific.
Great Eastern profits surge 11% to $365.5m for H1 2022
Shareholder profits, however, declined 25%.
Taiwan insurers cough up over $1b in COVID-19 claims
Some insurers took to selling properties to increase cash reserves.
Singaporean woman faces jail time for fake travel insurance claims
Her fraudulent insurance claims amounted to more than $10k.
Nat cat will to hurt Australian property insurers profit margin: analyst
Increasing claims have pushed property insurers' loss ratio to 84.6%.
Sun Life launches program to build “multi-generational” advisory force
Under the Agency Legacy program, advisors are encouraged to recruit members of their family.
Positive experience boosts Hong Kong’s retirement mastery index score
The city’s score went up from 4.8 to 61.1 in the Sun Life Retirement Mastery Index.
Taiwan general insurance industry pre-tax profits plummet by 484.4% in June
The life insurance industry's pre-tax profit drop however slowed down to 17.3%.
Thai insurance marketplace Rabbit Care completes Series C funding round
The round was led by investment fund Winter Capital.
Malaysia passes bill for insurance cover for housewives
Three million housewives would benefit from the cover.
Manulife rolls out upgrades for Cashless Day Surgery eService
Categories for surgeries covered are increased to 70.
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