Djan Magbanua
India state-run LIC files $8b IPO papers
India’s biggest life insurer plans to sell 5% of its shares.
Singapore life insurance industry records 23% growth in 2021
New business premiums reached $3.99b from January to December last year.
Philippines’ PCIC forges alliance with CMPI to help small farmers
This tie-up will enable farmers to gain greater access to more agricultural insurance.
Taiwan insurance sector faces $5.27b risk exposure to Russia
Taiwan's total financial risks in all sectors are expected to reach $8.2b
Prudential announces hunt for next Asia-based group CEO
Current group leader Mike Wells will be stepping down by the end of March.
Manulife Singapore launches inheritable lifestyle insurance
The product allows you to give loved ones the entirety of the policy.
Manulife reports whopping C$7.1b net income in 2021
Surge in profits mainly driven by global wealth and asset management growth
Blue offers HK$200 voucher for vaccinated WeCare policy holders
The offer is only until 30 April 2022.
Australia general insurance industry to balloon to $73.6b by 2026
Increased vehicle sales and demand for nat-cat policies helped boost the industry.
Chubb SG and StarHub launches insurance coverage against cyber-bullying
The product will also protect customers from other online threats.
Chubb offers free cancellation and refund on travel policies in Singapore
This is for all Chubb-underwritten individual Single-Trip travel policies.
Australia life insurance industry turns profitable in 2021
Return on net assets increased by 3% for 2021, up from -6% in 2020.
Allianz General sees 22% surge in special perils cover in car insurance
Recent floodings have raised questions about insurance protection in Malaysia.
Taiju Life Insurance halts sales of COVID-19 cover
This comes amidst a surge in Omicron cases in Japan.
HSBC targets expanding stake in Indian insurer
The firm plans to buy PNB’s shares in Canara HSBC.
Asia commercial insurance pricing surge continues rate of decline
The increase which began in 2020, has slowed down significantly in 2021.
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AI isn’t replacing insurance, it’s finally making it work