Djan Magbanua
HKIA inks MoU with China and Macau
HKIA inks MoU with China and Macau
The agreement aims to step up their collaboration on innovation in financial services.
Insurance broker g&m acquires ANDA from Marsh Singapore
Both companies will operate independently.
Hong Kong’s total gross premiums dips by 2.2% to $39.48b
However, new sales of life insurance policies went up by 22.9%
Pandemic boosts APAC’s insurance giants 2020 performance: analyst
The top 20 insurance firms reported an aggregated premium of $821.4b.
ICA warns new cybersecurity rules could raise premiums
Australian insurers urged the government to approach these amendments with caution.
China Life H1 2021 profit soars to 34.2%
This is despite the sluggish growth of GWP due to the impact of COVID-19.
APAC saw lowest insurance M&A deals since 2011
M&A decreased by as much as 51% in H1 2021.
Allianz Malaysia GWP surges to $662m for H1 2021
However, profits before tax is 19.6% lower compared to last year.
Zurich Hong Kong launches new insurance plan for domestic helpers
The plan comes with multiple new protections for employers and employees.
PICC Property and Casualty H1 net profit surges to CN¥16b
China’s biggest non-life insurer beat street estimates despite decelerating QoQ growth.
Asia to lead the charge to insurance industry’s digitalisation
Its less mature commercial insurance market is actually an asset, Concirrus’ executive reveals.
AIA Group reports 22% surge in value of new business for H1 2021
The group’s China segment was named its largest contributor.
Guy Carpenter appoints new APAC president
Michael Harden brings with him 45 years of experience in the industry.
HSBC Insurance buys AXA Singapore for US$575m
The company plans to merge its Singapore operations with AXA Singapore.
Dai-ichi cements position as Australia’s top insurer with Westpac acquisition
With Westpac Banking Corp's exit from life Insurance, Dai-ichi is now the top dog.
Allianz General launches customisable insurance packages for SMEs
The Allianz Business Shield aims to help SMEs to minimise their business risks.
CDFHC to acquire 100% control of China Life
This will effectively delist the insurer.
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