News
Indian regulator issues rules on insurance ads
Indian regulator issues rules on insurance ads
Insurers are required to file a copy of an ad within seven days of release.
Generali eyeing AXA's Malaysian assets
It could make Generali the second biggest P&C insurer in the country.
Singapore health ministry forms health insurance body
It will address issues related to the country's health insurance sector.
Malaysia's life insurance will expand to a $15.68b industry by 2025
Demand will be supported by the recent government measures announced.
Paperless life insurance policies in Taiwan in two years: report
Life insurance policies in Taiwan will eventually become paperless, the country’s Central News Agency has reported.
Indian non-life GWPs jump 5.2% in FY2021
General insurers' premiums grew to $22.6b.
Indian insurers can now invest in fund of funds
But they can not invest into policyholder funds outside India.
Effect of low rates on APAC insurers yet to be seen: report
High reserves and lower investment returns will subdue profitability.
Indonesia's Tugure eyeing overseas expansion
The move will play a role in its vision to become a regional insurer by 2024, it said.
India drafts rules for insurers offering trade credit insurance
A policy can grant an indemnity of up to 60% of trade receivables.
Vietnam to launch national insurance database in June
It will cover social, health and unemployment insurance.
Online insurance platform Policybazaar planning $500m IPO
It is seeking a listing before end-2021.
Chinese online property premiums dropped to $12.2b in 2020
Underwritten insurance contracts also went down over the course of last year.
Indian health insurance plans constant in Q1: report
The average price for an insured sum hit $283 and $371.
Hong Kong adjusts insurance premium levy rate to 0.1%
Levy cap is at HK$100 for life policies and HK$5,000 for general policies.
Japanese insurers eyeing US bonds again
US bonds are becoming attractive with yields nearing 2%, insurers say.
Capacity in SEA property market curb price hikes: report
Regional pro rata capacity remained tight but unlocked in most cases.
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1. Hong Kong regulator guts insurance referral fees with 50% cap 2. HSBC says 'no decision' made in Singapore insurance review 3. Can China’s $140b motor insurance market survive a 70% loss ratio? 4. TS Holdings merges Shin Kong Life and Taishin Life 5. PNB MetLife launches dividend fund linked to insuranceResource Center
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Event News
28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
