News

Hong Kong insurer eyes raising HK$4b for UAE insurance ambitions

Target Insurance plans to secure HK$4b in financing.

Hong Kong insurer eyes raising HK$4b for UAE insurance ambitions

Target Insurance plans to secure HK$4b in financing.

AXA announces management changes in APAC

Hassan El-Shabrawishi is now the CEO of International Markets, covering Southeast Asia.

Zurich Insurance, BNP Paribas considers bidding for Indonesian life insurer

Sales process for PT Astra International has not commenced.

P&C insurer puts up aviation hub in Singapore

Newly appointed Alastair Stuart will be the hub’s practice leader.

Cover Genius policy sales surpass 25 million

The insurtech also ramps up the roles of executives.

MAS slams 6 ex-Great Eastern financial advisers with prohibition orders

This follows after the six individuals were convicted of tax evasion.

Prudential names new CFO replacement after probing former in-charge

Ben Bulmer will be taking over James Turner as Chief Financial Officer.

Life insurance revenue down in Q1, claim payments up

The Indonesian life insurance market recorded 87.54 million individuals insured in the first quarter.

Virtual insurer surpasses HK$60b sales in four years

This made the virtual insurer top rank in direct sales channels in terms of policies sold.

Sun Life Hong Kong introduces eSunPro

The platform will be exclusive to Sun Life Hong Kong clients who can avail of assistance for treatments and recovery.

Allianz Malaysia records RM1.16b in revenue for Q1

This was driven by higher sales generated from its general and life insurance segment.

ZhongAn Insurance publishes white paper on generative AI application

It recorded notable advancements in adopting AI into the Chinese insurance industry.

Japanese insurers, banks to build sustainable finance platform

The collaboration seeks to build a digital platform for investment institutions.

ADVA introduces marine insurance to Asia markets

It aims to protect ship and cargo units against potential war and piracy risks.