Insurance
Life insurance industry remains muted amids pandemic challenges in China
Most life insurers reported negative growths in April.
Life insurance industry remains muted amids pandemic challenges in China
Most life insurers reported negative growths in April.
India jacks up third-party motor insurance premiums
The increase takes effect on 1 June.
Beijing offers elderly COVID-19 vaccine insurance to ease hesitancy
Payout for elderlies experiencing adverse effects could go as high as $74k.
Prudential hires ex-Citi banker as new group chief
The new chief will be based in Hong Kong.
Australia life insurance industry suffers 88.6% loss in investment revenues
The loss was offset by the 25% decrease in operating expenses.
How insurance companies in Asia can create meaningful customer experiences
Customer experience is a crucial area where growing insurance companies have an opportunity to stand.
Howden gets regulator nod to acquire 100% of India business
India’s government allows 100% foreign ownership of insurance intermediaries.
India’s Digit Insurance eyes $500m IPO
It plans to file the necessary papers by September.
Australia general insurance industry Q1 profits soars to $920m
This reflects the impact of premium increases across business classes.
bolttech announces partnership with Vietnam’s largest telecom operator
The firm plans to create an insurance ecosystem to offer a range of insurance products.
Australia private health insurance net profit surges by 107.8% in Q1
In the year to 31 March 2022, net profit after tax reached $1.42b.
Markel Singapore hires new trade credit and political risk underwriter
This will bolster the firm’s underwriting capability in Asia.
Manulife appoints new Asia chief
He is currently serving as the company’s Hong Kong CEO.
Asia’s insurance industry has the weakest growth—here’s why
Growth was heavily impacted by underperformance of several countries.
Nat Cat makes home insurance unaffordable in Australia
This could ultimately lead to underinsurance or no insurance at all.
Taiwan’s COVID-19 insurance claims may exceed $1.39b: regulator
7.6 million policies are estimated to have been sold by insurers in Taiwan.
Indian insurers forbidden from advertising services not part of cover
The regulator said this is ‘unacceptable’.
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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.
