News

HK Insurance Authority opens Northbound travel scheme for motorists

This will allow eligible Hong Kong private cars to travel through HQMB without needing regular quotas.

HK Insurance Authority opens Northbound travel scheme for motorists

This will allow eligible Hong Kong private cars to travel through HQMB without needing regular quotas.

Great Eastern posts S$244m in Q1 profits

Total weighted new sales, however, declined by 22% during the year.

Allianz APAC and INSEAD collaborate for Life and Health program

The training will be offered to licensed Life and Health business professionals.

Korean insurers see 2022 profit surge 11.1%

The Korean insurance market is expected to grow by 2.1% in 2023.

FWD and SCB add 2 years to Thailand bancassurance contract

The collaboration with SCB has the largest contribution to FWD Thailand’s business.

Canopius names two heads to boost P&C reinsurance services in APAC

They will lead the expansion of Canopius’ local reinsurance offering.

Allianz Malaysia launches campaign for retirement readiness

Only 38% of Malaysians have taken steps to prepare for retirement.

Igloo and Circle K team up for insurance offerings in stores

Plan prices range from VND30,000 to VND282,000.

Global non-life insurance premiums expanded 16.4% in FY2023

Growth was pushed further by high demand for health and motor coverage.

AIA Group’s new business value grew 28% in the first quarter

Its China operations had the biggest share in the overall VONB.

MSIG launches motor add-on insurance EZ-Mile

Customers can choose between three usage plans.

Ping An Insurance books $5.55b Q1 net profit

Net income grew nearly half on a year-on-year basis.

AIA China received regulator approval to operate in Henan

The insurer is now active in nine provinces and urban areas in China.

HSBC Singapore, MSIG enter 15-year bancassurance partnership

MSIG will distribute commercial and personal insurance solutions to HSBC’s SG customers.

NorthStandard opens Asia HQ in Singapore

The new HQ shows the firm’s continued service post-merger.