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.
PH establishes supervisory college for financial conglomerate supervision
Financial sector regulators recently signed an MOU.
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.
Use of anti-fraud technology skyrockets as insurers wage war against cybercrime
8 out of 10 insurers use predictive modeling to detect fraud.