Staff Reporter
SBI General launches health insurance with Google Pay
SBI General launches health insurance with Google Pay
This marks Google Pay’s first partnership with an Indian insurer.
8 out of 10 Singaporeans open to private mental health insurance
Consumers are keen to be covered for conditions such as anxiety and depression.
PolicyPal purchases US-based fintech firm
The Singapore insurtech firm plans to expand its financial products with the new acquisition.
MAS zeroes in on digitalisation to strengthen financial resilience
A MAS executive warns of increased cyber attacks against insurers.
Sun Life appoints new president of Asia business
The financial veteran will be responsible for the health and wealth management businesses.
Sun Life Singapore appoints Michael Wei in newly created role
Wei will be leaving his position as Sun Life’s Chief High Net Worth Officer.
M&A deals to further consolidate Singapore’s life insurance industry
The top insurers are to gain more share in an already concentrated market.
Philippines allows non-life insurers to offer agriculture cover
Agricultural insurance has a low penetration rate in the country.
IAPS pushes to insure unborn children for birth defects
At least one major Indian insurer has agreed to provide cover.
China tightens rules for online insurance sales
Insurance firms were ordered to comply or stop selling insurance online by January.
UK-based reinsurance broker acquires VIB
VIB will also rebrand into BMS Korea under the BMS Asia Team.
Bowtie bags $22.6m in Series B1 funding round
The virtual insurer plans to use the fresh funds for its Asia expansion.
QBE boosts home insurance with Kangaroo smart home security tech
This will allow homeowners to detect and prevent damage from water and humidity.
Hong Kong’s Avo secures HK$260m in fresh funding
The insurer plans to use the fresh capital for product development.
Lack of ‘political will’ won’t delay LIC IPO: Nirmala Sitharaman
India’s finance minister said they plan to finish the IPO by March.
Thailand insurance premium growth sluggish in 2021
This is due to a weakened economy with higher household debt.
PayMaya Philippines launches microinsurance service PayMaya Protect
The digital payments platform has teamed up with bolttech for this latest project.
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