Insurance
Insurers eyeing snapping up of controlling stake of BNI life unit
The lender is mulling selling 60% of its stake in PT BNI Life Insurance.
Insurers eyeing snapping up of controlling stake of BNI life unit
The lender is mulling selling 60% of its stake in PT BNI Life Insurance.
Tune Protect Re to diversify in the medium term: AM Best
The Malaysian insurer boasts a strong balance sheet.
IRDAI to push government to allow insurers to invest in unlisted companies
The move could unlock new funding avenues for startups in the country.
Significant portion of Aussie millennials plan to travel without insurance: ICA
Almost eight in 10 Australians under 30 are planning to travel more often.
Indonesian government to accelerate policy guarantee agency
This aims to protect policyholders in the event an insurance company goes belly up.
Chubb appoints new regional head of consumer for APAC
He has over 20 years of experience in the insurance industry.
Singapore life insurance new business premiums down by 5.9% in Q3
However, take up for new policies picked up by 12.8% in the quarter.
Hong Kong regulator warns public of phishing scams on Whatsapp
The messages purported to be from Sun Life Hong Kong.
Former AXA chief to lead Sun Life Hong Kong’s agency channels
She will also cultivate the insurer’s agency force in Mainland China.
India life insurance first-year premiums bounces back at 15.3% in October
Premiums, however, fell compared to the month before.
Waterdrop introduces insurance for recurring breast cancer
The product offers up to $41.38k of insurance benefits.
Agencies, bancassurance takes largest slice for life insurance distribution in China
They account for 60.1% and 30% of the share in new business DWP in 2021.
India insurance regulator pushes easing of capital requirements
The regulator aims to let smaller players entry into the market.
Great Eastern’s profit attributable to shareholders dips 12% to $780.9m in 9M22
The decline was due to lower valiant of investment in the shareholder’s fund.
PasarPolis pilots new one-stop-shop insurance app Tap Insure
The app was created in partnership with PT Zurich Asuransi Indonesia, Tbk.
Cover Genius bags $70m in Series D funding round
The round was led by Dawn Capital.
OneDegree increases cover for home appliances
It can now cover up to 14 types of commonly used home appliances