Insurance
HKFI appoints Winnie Wong as new chair
The federation has also appointed a new governing committee.
520,944 properties in Australia to be uninsurable by 2030
Riverine flooding poses the biggest risk to properties.
Hanwha Life Insurance Q1 net profits drops by 70.6%
The insurer is considered the second biggest life insurer in South Korea.
Global insurtech funding reaches $15.8b in 2021
Insurtech deals reached a record breaking 564.
Singapore risks protection gap for older population
Prudential and Income are working together to close protection gaps, particularly in the area of long-term care.
Former Allianz chief takes on new position at Prudential
He will take on the newly created position of Group Strategic Transformation Officer.
Philippine regulator issues new licence for AIA Philippines
The licence was issued at the back of its merger with PELAC.
IRDAI hike insurers cap on exposure
The Indian insurance regulator has increased the limit to 30%.
FSS to take tougher measures on screening of suspicious insurance cases
The South Korean regulator said this is to reduce fraud in the industry.
India insurtech Turtlemint nears unicorn status in latest funding round
It recently raised $120m in a Series E funding round.
Manulife Hong Kong launches healthcare program for the elderly
The firm has partnered with the Christian Family Service Centre for the program.
ZhongAn to improve profitability and maintain solid capitalisation—analyst
But investment in tech and other business lines run a risk of straining these growths.
Taiwan life insurance industry YoY profits drops by 25% in March
Meanwhile, non-life segment YoY profits soar by 23.6%.
Stagflation to impact P&C insurers’ profitability
The market is expected to harden in 2023.
Asia insurance industry logs lowest pricing increase in Q1
Insurance segments saw lower increase rate than the previous quarter.
Hong Kong insurers step up to seize opportunities in Greater Bay Area
Despite the challenges arising from the ongoing global pandemic, Hong Kong, with its expertise and massive capital flows in the insurance market, will...
Generali Asia appoints new India life insurance chief
The new chief has over 34 years of experience in the life and P&C business.
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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.
