Insurance

Motor insurer Target Insurance deemed insolvent by Hong Kong regulator

The insurance regulator has moved to wind-up the company.

Motor insurer Target Insurance deemed insolvent by Hong Kong regulator

The insurance regulator has moved to wind-up the company.

Taiwan regulator amends regulations of public disclosure of information for insurers

The commission said this is for the sake of consistency in its financial supervision.

New China Life Insurance braces for 60% drop in H1 net profit

It made the preliminary announcement through a bourse announcement.

Taiwan’s general insurance industry growth slows in 2022

However, an analyst predicts it will ramp up in 2023 at a CAGR 5.4%.

India poised to be 6th largest insurance market in the world by 2032

It is currently 10th amongst the top 20 markets in the world.

Thai Life raises $1b in IPO

It is Thailand’s largest IPO this year.

Sun Life Hong Kong marks 130th anniversary with NFT launch

The exclusive NFT collection with a local artist.

Catalina Holdings appoints new Asia CEO

The appointment is part of the firm's expansion plan in the region.

Sydney-based insurtech Upcover nabs $4.7m in seed round

The funding comprises of $2.7m in equity and $2m in debt.

LIA Singapore launches extended panel initiative for IP policyholders

This allows policyholders access to over 1,000 private specialists.

Korea Exchange rejects Kyobo Life IPO application

The reason for the denial is discord amongst major shareholders.

China’s Citic mulling buying stake in Dajia insurance group

Citic could end up buying a 20% stake in the company.

FWD Group names new group chairman

Ronald Arculli will be retiring from the role

Cheaper insurance as IRDAI greenlits tech-enabled cover for motor

This will enable Indian insurers to offer analytics-based policies.

More Taiwan insurers set to inject capital after losses

The surge in COVID-19 policy claims had put several insurers in the red.