Frances Gagua
Chubb expands marine insurance in the Philippines, Malaysia
Chubb expands marine insurance in the Philippines, Malaysia
Jeanette Cebeda and Owen Poh have been named heads for both markets, respectively.
Hang Seng Bank, Chubb enter exclusive 15-year distribution agreement
Chubb will offer Hang Seng banking customers general insurance products and solutions.
Great Eastern’s profits down 30% to S$784.2m in FY2022
CEO Khor Hock Seng said that volatility of global financial markets impacted earnings.
Natural hazard losses, inflation weigh on APAC reinsurers in 2023
Increase in costs of claims will add pressurers to profits.
Malaysia’s Fi Life promises to be cheapest life insurance for women, will refund difference
It has launched its life insurance product online.
FWD Singapore appoints Adrian Vincent as CEO
Vincent joined the insurer in 2019 as a general manager for its life business arm.
Prudential to open Macau branch, appoints ex-AIA Macau CEO as general manager
The new branch is located at FIT Centre.
Dah Sing Bank, Sun Life enter bancassurance partnership in HK$1.5b deal
Beginning July, Sun Life will be the exclusive provider of life insurance solutions to Dah Sing’s customers.
Hong Kong rewards platform Bloom teams up with three microinsurers
Users can now access services from ZA Insure Select, YA Microinsurance, and Avo Insurance.
Marsh Malaysia appoints Chou Sean Chong as CEO
Chou will be based in Kuala Lumpur.
Hong Kong’s livi bank, FWD General Insurance launch home insurance plan
Those who avail of the plan can enjoy insurance coverage of up to HK$5m.
Citi, Zurich Insurance launch customizable insurance proposition
Demand for insurance sold online almost doubled in September, the insurer said.
Singapore launches digital banker’s guarantee, insurance bond
The eGuarantee@Gov is available from over 20 financial institutions locally.
Chubb taps Sun Life Singapore ex-CEO as Hong Kong president
She is tasked with the integration of Cigna’s assets into Chubb Hong Kong.
Ignite by Igloo launches in Indonesia
This is their second market, after Vietnam.
Sun Life Hong Kong launches Stellar (18-pay) with death benefit settlement option
Clients can choose between paying by instalments or paying in full.
BOC HK, BOC Life launch green savings insurance plan
It offers up to a 3% annualised guaranteed rate of return at policy maturity.
Commentary
AI isn’t replacing insurance, it’s finally making it work