Staff Reporter

RBC rules may shift Hong Kong insurers to bonds: Aviva Investors

Singapore’s asset growth in 2019 and 2022 could spark promise for Hong Kong.

Allianz SE mulls exit from Bajaj Insurance joint ventures

Bajaj Finserv holds a 74% stake in both joint ventures.

Aussie insurers to slash costs by 30% with tech revama

Insurers’ operating costs have surged—20% for incumbents.

China greenlights BNP Paribas, Prudential insurance firms

China’s fast assets growth last year attracted both parties.

Climate change renders Australian home insurance unaffordable

Surge in claims led to an average home insurance premium increase of at least 14%.

Aon to support Asia’s low-carbon investments with AIGCC

Aon aims to develop market-based climate solutions.

APAC sees rising demand for cyber, EV insurance

Motor insurance remains the largest non-life segment, representing 41% of premiums.

Everest launches AI-powered health insurance in Singapore

The AI streamlines the matching of patients with physicians.

Niva Bupa Health’s IPO opens today, closes 11 Nov

The healthcare insurer has set a price range of ₹70 to ₹74 per share.

PCRIC, WTW enhance pacific disaster coverage

PCRIC will provide coverage against tropical cyclones, heavy rain, earthquakes, and tsunamis.

Manulife Asia Q3 2024 net income surges nearly ten-fold

The group bagged a Q3 2024 net income of $1.8b.

Brokers must ensure timely claim notification: Clyde & Co.

Some policies allow, but don’t mandate, policyholders to notify any potential claims.

China Taiping Insurance sees robust capitalisation with TPG financial support

It is anticipated that CTPIS will build its life insurance segment over the medium term.