Insurance

AXA Hong Kong offers free cleaning for home contents insurance and SME customers

The free benefit is triggered if someone contracted COVID-19 in the premises.

AXA Hong Kong offers free cleaning for home contents insurance and SME customers

The free benefit is triggered if someone contracted COVID-19 in the premises.

bolttech announces investment in digital insurance advisor Sherpa

The investment will be used to expand Sherpa’s protection advisory tool.

China Life reports slow increase of 1.3% in net profit in 2021

Growth was dragged by a decline in new business value and personnel challenges.

Allianz acquires Aetna’s Thai business 

The acquisition is expected to be completed after three months.

South Korean insurers 2021 preliminary income balloons to $6.8b

This is a 36.2% growth compared to the previous year. 

Asia suffered $72b weather and catastrophe-related losses in 2021

Insurance only covered around 9% of the economic losses.

Allianz Life names new chief

He first joined the firm in 1999.

India central bank hints on possible delay of $8b LIC IPO

Several current events may have factored in on the delay.

ICCSC releases papers on best practices and guidelines for insurance firms

This is to help elevate standards of culture and conduct in the industry.

Generali Asia appoints new CEO of Hong Kong business

He will also hold the position of general manager.

Swiss Re announces new China chief 

The appointment is part of Swiss Re’s investment in its China market.

AIA's smart calculator helps Singaporeans' figure out their financial weaknesses

The app calculates the personal financial satisfaction score based on the customer’s financial goals.

Hong Kong IA bans three agents for faking school credentials

Two were banned for three years whilst the other was banned for two years.

FWD extends support as Hong Kong battles fifth wave of COVID-19

This includes extension of various pandemic-related coverages.

Vietnam general insurance industry to reach $3.5b in 2026

Natural disasters and growing compulsory insurance classe is boosting the industry.

KB Financial Group to merge life insurance subsidiaries

The insurers merging are KB Life Insurance and Prudential Life Insurance of Korea.

Swiss Re names new Greater China CEO

He was previously the General Manager of AIG International Consulting.