Insurance
Singapore life insurance industry records 23% growth in 2021
New business premiums reached $3.99b from January to December last year.
Singapore life insurance industry records 23% growth in 2021
New business premiums reached $3.99b from January to December last year.
Prudential announces hunt for next Asia-based group CEO
Current group leader Mike Wells will be stepping down by the end of March.
Manulife Singapore launches inheritable lifestyle insurance
The product allows you to give loved ones the entirety of the policy.
Manulife reports whopping C$7.1b net income in 2021
Surge in profits mainly driven by global wealth and asset management growth
Blue offers HK$200 voucher for vaccinated WeCare policy holders
The offer is only until 30 April 2022.
Australia general insurance industry to balloon to $73.6b by 2026
Increased vehicle sales and demand for nat-cat policies helped boost the industry.
Chubb SG and StarHub launches insurance coverage against cyber-bullying
The product will also protect customers from other online threats.
Chubb offers free cancellation and refund on travel policies in Singapore
This is for all Chubb-underwritten individual Single-Trip travel policies.
Australia life insurance industry turns profitable in 2021
Return on net assets increased by 3% for 2021, up from -6% in 2020.
Allianz General sees 22% surge in special perils cover in car insurance
Recent floodings have raised questions about insurance protection in Malaysia.
Taiju Life Insurance halts sales of COVID-19 cover
This comes amidst a surge in Omicron cases in Japan.
HSBC targets expanding stake in Indian insurer
The firm plans to buy PNB’s shares in Canara HSBC.
Asia commercial insurance pricing surge continues rate of decline
The increase which began in 2020, has slowed down significantly in 2021.
Meiji Yasuda Life to invest $43m in new ESG engagement fund
This is part of a business alliance with SDG Impact Japan.
HK Insurance Authority shuts down offices amidst new Omicron threat
Majority of employees are ordered to work from home.
Philippines’ COVID-19 insurance claims balloons to $240m
Bulk of the claims were paid from January to September last year.
Thai insurance regulator assures policyholders amidst insurer shutdown
Southeast Insurance recently announced cessation of operations.
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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.
