Insurance
Starr Insurance puts up Labuan branch, Malaysia
The Labuan Financial Services Authority granted the insurer a general license.
Starr Insurance puts up Labuan branch, Malaysia
The Labuan Financial Services Authority granted the insurer a general license.
Insurers see changing attitudes towards health and wealth amidst economic crisis: Manulife
70% of people in Asia express confidence in achieving their personal finance goals, with saving for retirement as the top priority.
Japanese tech firms create embedded property insurance for online real estate
The insurance will be offered to RENOSY customers.
FWD Singapore unveils first participating fund
It plans to encourage customers to invest in a passive income stream.
Prudential’s first-quarter APE up 35%
Sales in its bancassurance business fell 4%.
First quarter new funding for InsurTech surge 37.6%: Gallagher Re
This signals the industry may return to pre-COVID-19 levels in 2023.
Peak Re 2022 gross written premiums up 7%; records net loss
It expects to benefit from improved technical results and investment returns for 2023.
Suzuki Malaysia has appointed Tokio Marine as its sole panel insurer
Suzuki motorcycle riders have a chance to receive complementary add-ons.
HK Insurance Authority opens Northbound travel scheme for motorists
This will allow eligible Hong Kong private cars to travel through HQMB without needing regular quotas.
Great Eastern posts S$244m in Q1 profits
Total weighted new sales, however, declined by 22% during the year.
Allianz APAC and INSEAD collaborate for Life and Health program
The training will be offered to licensed Life and Health business professionals.
Cyber Insurance Can’t Do it Alone
Attention to Fundamental Security Practices Provides the Necessary Protection Against Disasters.
Korean insurers see 2022 profit surge 11.1%
The Korean insurance market is expected to grow by 2.1% in 2023.
FWD and SCB add 2 years to Thailand bancassurance contract
The collaboration with SCB has the largest contribution to FWD Thailand’s business.
2023 a mixed bag for Asian insurers: S&P
S&P also warns Asia insurers to be cautious of the effects of geopolitical risks
Canopius names two heads to boost P&C reinsurance services in APAC
They will lead the expansion of Canopius’ local reinsurance offering.
Allianz Malaysia launches campaign for retirement readiness
Only 38% of Malaysians have taken steps to prepare for retirement.
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Insurers need cultural overhaul in digital push
![Insurers need cultural overhaul in digital push]()
Digitalisation seeks to simplify processes, not complicate things.
Digitalisation seeks to simplify processes, not complicate things.
