Frances Gagua
Manulife net income down to $1.1b in Q2
Manulife net income down to $1.1b in Q2
Core earnings also fell 9% year-on-year during the quarter.
FWD unveils the omne insurance app
The app has partnered with ONE Esports and Nuralogix, amongst others.
Chubb appoints Serene Neo as division head of consumer lines in Singapore
Neo first joined Chubb in 2019.
Sun Life launches program to build “multi-generational” advisory force
Under the Agency Legacy program, advisors are encouraged to recruit members of their family.
Zurich Insurance launch Travel VIVA Insurance Plan
Applicants who apply until 30 Sept 2022 get a 10% premium discount.
Fintech YouTrip launches online travel insurance in platform
The company’s business reportedly grew four times in Q2 compared to 2021.
Munich Re appoints Surbhi Goel as head of property & casualty in SG, SEA
She has over 20 years of experience.
Munich Re names Tobias Frenz as CEO of Singapore branch
He will continue to be based in Singapore.
HSBC renews bancassurance partnership with Allianz
It will cover six markets, with HSBC and Allianz offering life and non-life products.
Manulife taps ex-Munich Re managing director as Asia chief risk officer
Srinivas worked in the reinsurer for over ten years.
DBS, Manulife Singapore launch insurance starter plan ProtectFirst
Customers can choose from three plans that focus on illness, life protection, or accident coverage.
Singapore releases methodologies on responsible use of AI by financial institutions
The Veritas Consortium also released an open-source toolkit to help with adoption.
APAC’s motor insurance industry premiums to reach $294.2b in 2025
Growing sales of electric vehicles supported the recovery of premiums in 2021.
South Korea’s KDIC sells stake at Woori Financial for $765m
The 67.9 million shares were sold to five investors, including Eugene PE.
South Korea’s Kyobo Life requests punishment for Deloitte Anjin accountants: report
They are accused of colluding to inflate the price of six million shares.
Manulife, DBS launch flexible retirement product in Singapore
RetireSavvy allows Singaporeans to adjust their retirement plans.
How digital insurer Blue is revolutionising Hong Kong’s stagnant insurance industry
For CEO Charles Hung, one way to break free of the misconceptions about insurance is through gamification.
Commentary
AI isn’t replacing insurance, it’s finally making it work