News
Igloo launches new AI-platform to gain ground in Vietnam
Igloo launches new AI-platform to gain ground in Vietnam
The platform aims to enhance sellers’ productivity in Vietnam’s growing market.
New Zealand underwriter Delta Insurance opens doors in Australia
Former Chubb exec, Stephen Carey, spearheaded the branch’s opening.
Hong Kong IA welcomes regularisation of preferential treatment from China
This deal between the two countries started in 2018.
Allianz General offers solar PV insurance to Malaysians
It provides income or savings compensation during system breakdown.
LIC embedded value soars to $72b in just six months
The jump in value was attributed to splitting of policyholders funds.
Insurtech unicorn bolttech acquires AVA Insurance
bolttech General Manager Yen Yen Koh to oversee AVA’s operations.
China releases new ‘blacklist’ for life insurance products
Nine clauses were added to the 73 that were on the list in 2021.
AIA Group creates new pan-Asian health insurtech venture
AIA has teamed up with a South African health insurer for this new business.
FWD extends free vaccination complication cover in Hong Kong
The extension is until 30 June this year.
Manulife Hong Kong readies for flood of demand from Chinese visitors
Strong group performance boosted by border opening between Macau and China.
Prudential launches new critical illness cover
The plan provides HK$100 protection for every HK$1 premiums
AXA completes sale of insurance operations to HSBC
The business was sold for $529m.
India state-run LIC files $8b IPO papers
India’s biggest life insurer plans to sell 5% of its shares.
Singapore life insurance industry records 23% growth in 2021
New business premiums reached $3.99b from January to December last year.
Philippines’ PCIC forges alliance with CMPI to help small farmers
This tie-up will enable farmers to gain greater access to more agricultural insurance.
Taiwan insurance sector faces $5.27b risk exposure to Russia
Taiwan's total financial risks in all sectors are expected to reach $8.2b
Prudential announces hunt for next Asia-based group CEO
Current group leader Mike Wells will be stepping down by the end of March.
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1. Remote job demand in Singapore insurance rises 15.3% 2. India insurance market sees moderating premium growth: Report 3. Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors 4. Manulife to sell MVI Life to Japan’s Asahi Life 5. Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fireResource Center
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AI isn’t replacing insurance, it’s finally making it work