News

Pivoting to Digital: How the insurance sector is moving with tech

Making bolder moves on digital will be needed to attract a bigger part of the market.

Singapore life insurers post 29% jump in Q1 2021 weighted new premiums

Single-premium products grew 85% QoQ in weighted premiums.

Luxury import cars drive South Korean non-life premiums in 2020

Top general insurers had  $16.82b in premiums through credit cards in 2020.

Indian insurers at the cusp of transformation: retired IRDAI chairman

India's IT capabilities will accentuate the further growth of the sector.

Indian general insurers likely to hit $36.4b in 2025

The sector has a CAGR of 8.7% over FY2019-2024.

HSBC Life, dacadoo partner to promote better health amongst users

The insurer will integrate dacadoo into its health platforms.

Great Eastern Q1 profit surges nearly 12 times to S$437.6m

Its profit rose from S$33.9m from the same quarter last year.

Better skies ahead for China Pacific's new business value

But patience will be needed amidst challenges in recruiting agents.

Chinese insurtech Waterdrop aims to raise $360m in IPO

The firm will sell 30 million American Depository shares.

China clamps down on medical insurance fraud

Fraudsters may face a suspension of reimbursement for up to a year.

Indian insurers can now invest in REITs, infrastructure trusts

This will boost the overall portfolio yield held by these firms.

Sun Life is 2020's top Philippine life insurer

It netted a $175m net income and $811m premium income.

Ping An boosts green activities in support of China's carbon goal

It proposes performance targets for green finance and measures for green growth.