Djan Magbanua

What can blindside Australia’s growing general insurance industry

Natural catastrophe may hinder the potential CAGR of 6.4% through 2025, analysts warned.

Indonesian insurtech Rey Assurance nabs $4.2m funds in seed round

The round was co-led by the Trans-Pacific Technology Fund and Genesia Ventures.

Better Hong Kong margins a tailwind for AIA Group’s growth: analyst

However, the weakening Asian currency may keep the group from soaring too high.

Doo Group acquires unnamed Hong Kong insurance broker

The newly acquired firm will now be known as Doo Wealth Management HK Limited.

Chubb rebrands Cigna’s life operations in New Zealand

The current CEO will still take the lead in the rebranded Cigna.

Increase in profits still too slow for Taiwan’s insurance industry

For a developed country, insurance penetration remains low at 1%.

Singlife with Aviva launches first insurer-led open architecture programme

The programme aims to help startups and SMEs to digitalise and scale their business.

Chubb names new LINA Korea country president

The firm recently acquired Cigna’s life insurance operations in the country.

MSIG Hong Kong to provide free mental health support to policyholders

It recently signed an agreement with mental health tech company Intellect.

Peak Re boasts ninth straight year of premium growth

The group’s GWP increased by 9% in 2021.

Chubb to integrate Cigna’s Taiwan business

It also announced the new leader of the integrated business.

JA Assure acquires shares in Thai General Insurance's brokerage firm

The purchase allows JA Assure access to Thailand’s market.

Indian human rights group seeks mandatory insurance for truck drivers

They are seeking a cover of $18.9k for every truck driver, co-driver, and helper.

Taiwan insurance industry profits continues downward spiral

Life insurer profits dropped by 23.6% whilst non-life fell by 203.2%