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Asian reinsurers to refocus existing protection amidst pandemic
Asian reinsurers to refocus existing protection amidst pandemic
They are re-emphasising on capital to build buffers against claims and losses.
Coinsurance to alter Korean insurers' capital efforts
It would be more benefitting for the life segment.
Most Singaporeans had positive pandemic-related travel claims: survey
Over half were processed within seven days.
Chinese insurtech Waterdrop nabs $230m funding from Swiss Re, Tencent
Swiss Re reportedly invested $100m in the platform, a source said.
AIA's H1 operating profit grows but new business sinks
Limited face-to-face sales pushed VONB down.
Australian life insurers sink as slump hits sector
Recovery will be a measly 0.2% in 2021.
Malaysia's life insurers suffer 12.6% fall in H1 total premiums
Investment-linked policies dropped 24.5%, triggering the fall.
China's economic rebound to test foreign insurers
The country is dominated by local insurers.
Pandemic drums up life insurance demand amongst Australia's wealthy
But it has also crippled away at HNWs trust on insurance providers.
Indian life insurers' first-year premiums rebound after four months
Private insurance companies led the increase.
Taishin Financial to acquire Prudential Taiwan for $187m
The country's financial regulator has yet to approve the deal.
Indian motor insurance segment to shrink 27.2% in 2020
Lockdown measures have snowballed into a decline in premium collections.
Singapore's life industry sales sink 13% in H1
Movement restrictions led to a 25% drop in annual premium business.
AXA mulls sale of Singapore unit
The insurer is trying to shift focus on P&C insurance.
Australia's travel insurers to contract 7.7% in 2020
The return of movement restrictions will haunt the sector.
AXA's net income down 39% to $1.65b in H1
Underlying earnings contracted 48% YoY over the same period.
Insurance Asia Awards presents the winners in its first ever digital awards presentation
A total of 75 insurers were awarded in this year’s programme.
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