News
OCBC backs Great Eastern delisting bid with S$0.9b exit offer at EGM
OCBC backs Great Eastern delisting bid with S$0.9b exit offer at EGM
The offer is priced at $23.52 per share.
Blue Cross expands GBA healthcare access with cross-border partners
Individual and group medical insurance holders can access medical consultations.
GCash offers free insurance with mobile load purchases via GInsure
Eligible users can receive up to $540.
This week in insurance: SK non-life insurers face pressure, Dai-Ichi Life HD buys stake in M&G, Australia sues comparison site
In addition, Cambodia’s gross premiums rose by 6.6% YoY in April to $27.3m.
Financial conglomerates top Taiwan’s richest in 2025
Fubon Financial Holding’s and Cathay Financial Holdings’ leads are in the top 3.
Swiss Re CS names Aimee Curtain as ANZ head of property & specialty
Aimee Curtain joined the company in 2021.
Korea’s non-life insurers face capital pressure and slow auto segment growth
Regulatory changes are posing a burden on the insurers’ solvency.
Rising claims pressure Singapore insurers’ profit margins
Despite strong premium growth in 2024, long-term profitability challenges insurers.
Axa Hong Kong and Macau launch Max Goal II Insurance Plan
It promises a breakeven timeframe of 5 years.
Insurtech bolttech closes $147m series C funding round
Sumitomo Corp also entered into a JV with bolttech for embedded insurance.
Japan’s Dai-ichi Life may get $104m annual profit raise after M&G deal
Fitch anticipates minimal and manageable negative impact on Dai-ichi Life’s capital adequacy.
Transamerica Life Bermuda secures license to operate in Dubai
This will allow the company to support its distribution partners in the Middle East.
India’s insurance domestic investments grow 6.5% YoY in FY 2025
It was due to a slowdown in economic activity and vehicle sales.
Cambodia's gross premiums up 6.6% in April
Life insurance increased by 9.8% YoY to $16.3m.
HSBC, Allianz Life launch wealth growth and life protection plan in Malaysia
The plan offers a minimum sum assured of MYR1m and payment flexibility.
FWD Life Insurance is the Philippines' top life insurer in Q1 2025
Its new business annual premium equivalent rose 57% during the quarter.
Lloyd’s updates executive team, splits chief of markets functions
Rachel Turk and Caroline Sandeman-Allen are tasked with underwriting and oversight, respectively.
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1. Remote job demand in Singapore insurance rises 15.3% 2. India insurance market sees moderating premium growth: Report 3. Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors 4. Manulife to sell MVI Life to Japan’s Asahi Life 5. Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fireResource Center
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