Insurance
Thai finance minister closes down two insurers over unpaid COVID-19 claims
They had their licences revoked after running out of money to pay their customers.
Thai finance minister closes down two insurers over unpaid COVID-19 claims
They had their licences revoked after running out of money to pay their customers.
Hong Kong IA reopens offices to the public
Services will be limited to the those who made prior appointments.
Indian millennials: prudent but financially vulnerable —survey
Younger millennials have the lowest awareness about insurance.
LIC losing ground in India market share
Its competitors have projected double-digit growth from 2016 to 2020.
Igloo hires former Grab exec as new chief business officer
He was also a former executive from Alibaba.
China Life and Tokio Marine reveal cross-marketing partnership
This is to help promote both their insurance products in the market.
China logs biggest protection gap against natural disasters
The country has been plagued with major flooding events in the past years.
Generali acquires majority stake in India life venture
The firm now holds 68% of the total shares.
Taiwan life insurance suffers 21.2% YoY drop in profit in February
The non-life segment continues its outstanding performance compared to a year ago.
Customer satisfaction dips in Singapore insurance industry
The survey also revealed an increase in preference for digital channels.
Chubb buys DUAL Asia's Financial Lines portfolio
This comes at the back of DUAL’s ending general agent partnership with MSIG.
MSIG Insurance ends general agent partnership with DUAL Asia
MSIG will advance its financial lines underwriting independent of DUAL.
Taiwan insurance regulator tightens measures protecting senior citizens
It aims to ‘strengthen protection of the insurance rights and interests of senior consumers’.
ICA commends the federal budget on resiliency and cybersecurity
The federal government has set aside a total of $201.26m in related measures
Zurich Insurance drops ‘Z’ symbol amidst Ukraine-Russia conflict
The letter is used as a symbol of support for Putin’s invasion of Ukraine.
Time for a comeback? Hong Kong’s top 50 insurers show a 9.75% surge in assets
Health and wellness products still remain a priority for the industry.
ICA calls for major overhaul of Australia's cyber insurance market
The group highlights challenges to maintaining and developing a cyber insurance market.
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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.
