News
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.
India health claims surge 240% to $152.7m
Average claim per person reached $2,125.
Australian wealth firm AMP hit with class action over insurance advice
The Federal Court has ordered AMP in February to pay for incorrect advice.
Sun Life sees Asia comprising 25% of income in 5-6 years
It has already boosted its digital capabilities in the region.
India's short-term COVID-related insurance plans to push policy uptake
More people are likely to buy plans as COVID-related costs became more known.
Australian insurers fret over pandemic's effects on employees: study
47% have reported a rise in mental health issues.
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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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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
