Staff Reporter
Hong Kong IA reveals insurance complaints dropped by 9% in 2021
Hong Kong IA reveals insurance complaints dropped by 9% in 2021
The IA also said its handling of complaints also improved.
Budget Direct entices AXA Singapore’s employees and customers with ad
The move comes as reports say AXA Singapore is leaving the general insurance business.
Australia general insurance investment income drops by 76.3% in 2021
However, industry profit still increased to $1.24b compared to $43.77m in 2020.
Taiwan non-life pre-tax profit surges to 85.7% YoY in January
The life insurance industry only saw a 6.2% increase.
India’s $8b IPO plans could go under review amidst Russian-Ukraine crisis
The IPO was scheduled to launch this March.
Australia private health insurers rallies in 2021 with 229.3% surge in profits
The increase was driven by insurance profits and investment income recovery.
Great Eastern reports 33% decline in shareholder profits for Q4
However, overall shareholder profit for the financial year of 2021 increased by 16%
Chinese insurer PICC P&C shrugs off sanctions on Russia
The insurer says their business is unaffected.
Surer backs new professional indemnity insurance in tripartite agreement
The product helps accountants protect themselves against lawsuits from clients.
Taiwan general insurance industry growth tapers off in 2022
Gross written premiums’ annual growth rate peaked at 10.1% in 2021.
MAS bans ex-OCBC representative for fraud and dishonesty
She has been handed a five-year prohibition order.
India approves 20% FDI for LIC $8b IPO—report
IPO is set to launch in March.
New pay and earn scheme highlights Manulife Philippines newest product
The product is available for less than $400 a year, payable in five to 10 years.
AIA sells Australian savings and investment business
AIA said that the business is no longer core to its business strategy.
Allianz Malaysia ends 2021 with a 7.2% growth in premiums
Its general insurance business also grew by 3.2%.
Hong Kong insurance regulator warns public against phishing scams
There have been reported cases of fraudsters using the name of Sun Life Hong Kong.
Why are insurers barely earning the cost of capital?
These issues have plagued the industry for a decade.
Thought Leadership Centre
In Association with
Most Read
1. Chubb names ex-AIG exec to lead commercial P&C in APAC 2. Prudential raises over $530m from ICICI Prudential AMC sale 3. How 56% of insurers plan to boost data analytics use 4. Universal life insurance market to reach $132.3b by 2033 5. Insurance, finance sector should expect strong hiring demand in Q1 2026Resource Center
Read Here
Advertise
Sign Up
Awards
Jul
07
Events
Event News
Showcase your achievements and gain recognition for shaping the future of insurance.
Commentary
AI isn’t replacing insurance, it’s finally making it work