Staff Reporter
South Asia digital personal P&C premiums to hit $7.5b in five years
South Asia digital personal P&C premiums to hit $7.5b in five years
Digital personal P&C insurance penetration rate in the region is at 1%-2%.
Will India’s motor insurance decline remain in the rearview mirror?
The recent increase in new auto sales helps get the industry back to the growth path.
Insurtech Surer clinches $1m seed funding
The startup was launched in September last year.
Sompo Singapore to use drones in future property risk assessments
The insurer recently obtained the necessary license from CAAS.
Rey Assurance boosts cashless claims with AXA partnership
Rey will work with AXA to remove friction from its cashless claims platform.
Thailand insurers offer vaccine allergy insurance
Ratings firm AM Best, however, cautions insurers to be careful of underwriting risks.
Global insurer Chubb acquires Cigna’s APAC business for $5.75b
Cigna has operations in seven markets in Asia-Pacific.
Federal court rules in favor of Australian insures in COVID-19 BI cases
The insurers avoided coughing up an estimated A$10b in payouts.
Allianz Life launches home care package for COVID-19 patients
This is in partnership with medical home care provider Speedoc.
Cracked phone screen? Indonesian e-wallet DANA has insurance for that
Users can get coverage for as low as Rp500.
FWD Group kicks off operations in Cambodia
This marks the 10th market the insurance firm has entered.
China life insurance premiums to reach $665.7b in 2025
Thanks to the growing demand for protection-type life insurance products.
Muang Thai Life and ZA Tech teams up to launch digital products
They aim to create a seamless and personalised experience for customers.
China Development Financial acquires China Life
The merger will form Taiwan’s second-largest financial holding corporation.
Corporate risks in Japan’s SMEs on the rise: survey
Despite seeing the increased risks, 30% of the SMEs are yet to take measures.
Great Eastern gives away more than S$400m gift credits
The credits are part of the insurer’s 113th-anniversary celebration.
Zurich Malaysia launches assistance program for pandemic affected businesses
The program is worth MYR2m.
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