Insurance

How YAS MicroInsurance puts a price on non-fungible tokens

They are one of the first insurtech firms to insure NFTs.

How YAS MicroInsurance puts a price on non-fungible tokens

They are one of the first insurtech firms to insure NFTs.

Ping An gets green light to restructure New Founder Group

Ping An will pay $7.6b to acquire 66.51% equity interest in New Founder Group.

Indonesia life insurance industry to grow to $17.4b in 2025

After rebounding in 2021, the industry is set for a massive growth trajectory.

Philippine non-life insurer group bucks jacking of capital requirement

The group said the P900m capital requirement is sufficient.

HK Insurance Authority fines insurers HK$7m for breaking regulatory laws

The two insurers broke anti-money laundering and counter-terrorism laws.

FSC slaps KR₩155m fine to Samsung Life over unpaid insurance claims

FSC found the insurance firm in violation of the Insurance Business Act.

OJK promises balance in insurtech and consumer protection

Indonesia has a growing adoption of digital tech in the insurance industry.

Taiwan life insurance profits climbs by 88.5% to $13.97b

Insurance industry’s profit for 2021 reached $14.78b

Southeast Insurance ceases operations amidst mountain of COVID claims

The company said it cannot pay all the claims for all of its COVID-19 policies.

Generali takes majority stake in Indian JVs

Generali is investing around $190.47m in two joint ventures.

Dah Sing Insurance grants cash allowance for HomeSure policyholders under quarantine

This is exclusively offered for the first year’s policyholders.

AXA launches new AI-powered financial health tool

The tool measures a customers financial health whilst offering solutions.

Tokio Marine enters into an alliance with May Mobility

One of its aims is to research insurance products for autonomous driving.

AXA releases annual mind health and wellbeing study

The insurance firm is set to release a mind health index tailored by country. 

Chubb pledges $10,000 for dementia care in Singapore

The grant will be used to improve a digital assistance platform.