Insurance
Japanese insurers to face stagnant growth in the next five years
Sluggish sales of term life and savings products are slowing down the industry.
Japanese insurers to face stagnant growth in the next five years
Sluggish sales of term life and savings products are slowing down the industry.
Prudential Financial appoints CEO for Japan operations
The current CEO will retire by the end of the year.
Pandemic insurance claims to drag Cathay Century’s operating results: AM Best
However, the ratings firm said this is a one-off event for the insurer.
AIA in talks to buy Philippines MediCard
The deal could raise the value of the healthcare provider to $350m.
Allianz Malaysia joins Malaysia-focused early stage venture fund
The fund is backed by Gobi Partners.
Insurtech KoverNow launches protection for luxury watches
The insurance can be turned on and off on an as-needed basis.
Fosun Group cuts down insurance investments in New China Life
The group scaled down its Hong Kong-traded shares in the insurer.
Digit Insurance IPO put on hold by regulator
The IPO would have seen $160m raised for the insurer.
India’s general insurance industry growth rate sluggish in August
Private insurers outpacing public peers continues to be a growing trend.
FWD launches new critical illness cover for Singaporeans
It protects policyholders from early stages of cancer, heart attack and stroke.
Virtual insurer Bowtie cuts down product prices by half
This is done by cutting out insurance agents from the onboarding process.
Chicago-based crypto insurer to launch in Hong Kong and Australia
It previously announced its capabilities to write policies in Canada and the UK.
AXA, HSBC launches domestic helper insurance in Hong Kong
It insures both domestic helpers and their employers.
New Zealand extreme weather claims hit $26.08m in July
Three extreme weather events triggered 6,266 claims for the month.
FWD reports $200m before tax operating profit in H1
Its value of new business increased by 25% for the first half of 2022.
Singlife with Aviva rolls out cover for electric vehicles
The insurer will also offer a 10% discount for EV users.
Banker to insurer: Great Eastern’s Jimmy Tong recalls his journey
The two roles overlap when it comes to protecting clients’ assets
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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.
