Insurance
Chinese conglomerate BYD to challenge Tesla in Chinese EV insurance market
The group is in talks to acquire internet insurance company Yi'an P&C Insurance Co.
Chinese conglomerate BYD to challenge Tesla in Chinese EV insurance market
The group is in talks to acquire internet insurance company Yi'an P&C Insurance Co.
8 out of 10 Taiwanese workers do not have retirement plans
More than half are relying on labour insurance and pension funds.
HSBC Singapore completes legal integration of AXA
This enables HSBC to begin its insurance operations in Singapore.
Thai insurtech startup Eazy Digital raises $850k in seed round
The round was led by Wavemaker Partners.
Hong Kong insurance agent gets banned over misconduct in handling client premiums
The ban will last for 11 months.
BPI AIA names new CEO
She was previously the Head of Partnership Distribution Sales Channels.
APAC insured losses reach $11b in 2022: Aon
Australian flooding events were the costliest for insurers with $4b in insured losses.
Prudential to open Macau branch, appoints ex-AIA Macau CEO as general manager
The new branch is located at FIT Centre.
Taiwan’s National Health Insurance to cover robotic surgical procedures
The policy will take effect on 1 March.
Singapore Business Review’s Insurance Rankings sees slow growth amongst top 50 insurers
The top 50 insurers saw 5.1% growth in 2021.
Japanese insurers hikes premiums on LNG vessels in Russian waters by 80%
The price of insurance for LNG vessels could reach ¥20m.
Chubb taps Malaysia unit COO as new Singapore country head
The role is for the insurer’s general insurance operations in the country.
Vietnam insurers to benefit from interest rate hike
The rate hike will mean higher profits for insurers this year.
Life insurers take the lead in Hong Kong Business Insurance Rankings
Some life insurers saw their assets surge by as much as 44% in 2021.
WTW appoints new Taiwan head
The previous head, Charles Wang, has retired.
PasarPolis becomes one of Indonesia’s first full-stack insurtech
This was achieved through a partnership with Tap Insurance.
Hong Kong insurance regulator bans former insurance agent for fraud
The agent falsified academic records to meet the requirements to be an agent.
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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.
