News
Chinese insurer PICC P&C shrugs off sanctions on Russia
Chinese insurer PICC P&C shrugs off sanctions on Russia
The insurer says their business is unaffected.
Surer backs new professional indemnity insurance in tripartite agreement
The product helps accountants protect themselves against lawsuits from clients.
Taiwan general insurance industry growth tapers off in 2022
Gross written premiums’ annual growth rate peaked at 10.1% in 2021.
MAS bans ex-OCBC representative for fraud and dishonesty
She has been handed a five-year prohibition order.
India approves 20% FDI for LIC $8b IPO—report
IPO is set to launch in March.
New pay and earn scheme highlights Manulife Philippines newest product
The product is available for less than $400 a year, payable in five to 10 years.
AIA sells Australian savings and investment business
AIA said that the business is no longer core to its business strategy.
Allianz Malaysia ends 2021 with a 7.2% growth in premiums
Its general insurance business also grew by 3.2%.
Hong Kong insurance regulator warns public against phishing scams
There have been reported cases of fraudsters using the name of Sun Life Hong Kong.
V2Y acquires general insurance business for $14.87m
The acquisition will also boost the firm’s insurtech business.
LIC prospective investors wary of govt’ meddling in the insurer
The insurer was frequently tapped to save struggling financial firms.
MSIG Insurance names new financial lines head for SG and HK
The new head is also recognised as a pioneer in cyber insurance.
AIA to urge 1 billion people to live healthier and longer lives by 2030
This ambitious project aims to help create a more sustainable future for Asia.
ICA urges Australian governments to double Federal funding to AU$200m a year
The council said this will help make the country more resilient against extreme weather.
Allianz Asia Pacific declares $9.5b in total revenue for 2021
Growth in key markets such as Indonesia, Malaysia and Taiwan boosted the firms revenue.
Enrollment begins for Sun Life’s 2022 ‘Open Day’
The one day event brings industry insights and career opportunities for attendees.
Manulife survey reveals high insurance penetration in Malaysia
4 in 5 Malaysians own insurance.
Commentary
AI isn’t replacing insurance, it’s finally making it work