Frances Gagua
Sompo Japan Insurance submits improvement plan after info leakage
Sompo Japan Insurance submits improvement plan after info leakage
It has apologized to customers and stakeholders.
Dai-Ichi Life HD buying 15% stake in M&G, expects $2b in new business
There will be no change in M&G’s issued share capital.
Bangkok Bank, Bangkok Life Assurance offer special deposit rate for life insurance customers
Its 2.5% per annum on top of the normal fixed deposit rates.
FWD Group’s new business sales rise 46% to $679m in Q1
It saw a strong growth trajectory in Hong Kong and Macau.
Hong Kong Life unveils free consultation, medication on common ailments
It is available for its customers under its “Mannings PharmaCare” service.
Hurricanes, earthquakes may raise insured losses to $300b annually
Insured natural catastrophe losses in 2025 will be about the same level as last year.
Prudential’s new business profit rise 12% to $608m in Q1
Its Singapore and Hong Kong businesses logged double-digit growth.
2 in 5 Aussies with single policies rarely claim extra covers.
Couples and family policy holders are more likely to make claims on extra covers.
Manulife SG unveils indexed universal life solution for wealth preservation
It promises 0% return floor for downside protection.
Thai Life Insurance may benefit from new reporting standard
Thai Life Insurance may see its earnings rise by up to 9% between FY2025 to FY2027.
Manulife Investments unveils Manulife Stable Fund in Hong Kong
It now invests primarily in USD-denominated and settled short-term deposits.
How embedded finance and AI are reshaping Malaysia’s finance sector
Value migration to non-bank players with a "focused" model is accelerating.
Allianz Life Malaysia unveils life and health insurance plan for SMEs
It includes group hospitalisation and surgical coverage.
India’s PhonePe unveils new vehicle insurance for as low as $0.012
Customers can save up to ₹4,000 on a two-wheeler insurance, PhonePe claims.
PH banks and insurers face MSME credit gap, AI fraud, climate risk
Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
Philippine banks and insurers called to pursue human-centred AI adoption
AI adoption should be centered on financial inclusion, customer experience, and personalisation.
Wealthy Chinese use insurance for legacy-planning
Majority said that designating beneficiaries through insurance may prevent inheritance disputes
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AI isn’t replacing insurance, it’s finally making it work