Insurance
Hong Kong IA reveals insurance complaints dropped by 9% in 2021
The IA also said its handling of complaints also improved.
Hong Kong IA reveals insurance complaints dropped by 9% in 2021
The IA also said its handling of complaints also improved.
Taiwan non-life pre-tax profit surges to 85.7% YoY in January
The life insurance industry only saw a 6.2% increase.
India’s $8b IPO plans could go under review amidst Russian-Ukraine crisis
The IPO was scheduled to launch this March.
Australia private health insurers rallies in 2021 with 229.3% surge in profits
The increase was driven by insurance profits and investment income recovery.
Great Eastern reports 33% decline in shareholder profits for Q4
However, overall shareholder profit for the financial year of 2021 increased by 16%
Chinese insurer PICC P&C shrugs off sanctions on Russia
The insurer says their business is unaffected.
Surer backs new professional indemnity insurance in tripartite agreement
The product helps accountants protect themselves against lawsuits from clients.
MAS bans ex-OCBC representative for fraud and dishonesty
She has been handed a five-year prohibition order.
India approves 20% FDI for LIC $8b IPO—report
IPO is set to launch in March.
New pay and earn scheme highlights Manulife Philippines newest product
The product is available for less than $400 a year, payable in five to 10 years.
AIA sells Australian savings and investment business
AIA said that the business is no longer core to its business strategy.
Allianz Malaysia ends 2021 with a 7.2% growth in premiums
Its general insurance business also grew by 3.2%.
Hong Kong insurance regulator warns public against phishing scams
There have been reported cases of fraudsters using the name of Sun Life Hong Kong.
Why are insurers barely earning the cost of capital?
These issues have plagued the industry for a decade.
V2Y acquires general insurance business for $14.87m
The acquisition will also boost the firm’s insurtech business.
LIC prospective investors wary of govt’ meddling in the insurer
The insurer was frequently tapped to save struggling financial firms.
MSIG Insurance names new financial lines head for SG and HK
The new head is also recognised as a pioneer in cyber insurance.
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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.
