Djan Magbanua
India to block Chinese investors from LIC’s $109b IPO: report
India to block Chinese investors from LIC’s $109b IPO: report
The IPO is considered to be the biggest one yet for India.
India’s non-life insurance increases 24.4% in August
This is more than double of last year’s growth of 10.1% in the same month.
Australia’s Business Advisory Council to improve affordability of insurance
The council was formed by the Insurance Council of Australia.
Ping An denies exposure in embattled China Evergrande
The insurer's shares plummeted over concerns of exposure.
Insurers surpass banks in customer experience index in Singapore
This is the first time that the insurance industry has taken the lead against banks.
Motor insurance leads S.Korea’s general insurance industry in 2020
The motor insurance segment grew by 11.7% in 2020.
Zurich mulls selling Australian general insurance assets: report
This is part of the group’s plans to streamline its assets.
APAC fertile ground for reinsurance market: Hannover Re
The German reinsurer anticipates growth in the P&C and health reinsurance.
Australia’s CBA pleads guilty for mis-selling insurance products
CBA issued an apology to affected customers.
India seeks $109b valuation for LIC mega IPO: report
It is slated to be the biggest IPO in the country.
Lioner appoints Andrew Chan as partner
Chan is an industry veteran with over 20 years of experience.
Kakaopay suspends car insurance comparison services: report
The company was said to be operating an unauthorized brokerage service.
Singtel mobile wallet Dash offers insurance to users
Dash PET is an insurance savings plan co-created with insurer partner Etiqa.
VinaCapital Ventures backs insurtech GlobalCare
Terms of the investment were not disclosed.
Mack Eng takes over as new MSIG Singapore head
He will succeed Craig Ellis as CEO and director.
Non-life insurance premiums to surge to $7t by 2022: Swiss Re
General insurance premiums to rise to 10% above pre-COVID-19 levels in 2021.
Indian insurers urged to widen scope of cyber insurance
The IRDAI said that standardisation of policy wording is not desirable at this juncture.
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1. Chubb names ex-AIG exec to lead commercial P&C in APAC 2. How 56% of insurers plan to boost data analytics use 3. Prudential raises over $530m from ICICI Prudential AMC sale 4. Universal life insurance market to reach $132.3b by 2033 5. Cost and low awareness limit health and life insurance uptakeResource Center
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AI isn’t replacing insurance, it’s finally making it work