News
Singapore health ministry forms health insurance body
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.
China Strategic in talks to buy Hong Kong Life
The insurer could be valued at between $400m and $500m.
South Korean insurer lending rose 7.8% in 2020
Outstanding loans totaled $224.4b as of end-December.
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