Insurance

APAC’s motor insurance industry premiums to reach $294.2b in 2025

Growing sales of electric vehicles supported the recovery of premiums in 2021.

APAC’s motor insurance industry premiums to reach $294.2b in 2025

Growing sales of electric vehicles supported the recovery of premiums in 2021.

AIA completes $1.86b investment in China Post Life 

AIA now has 24.99% stake in the life insurance firm.

Allianz Partners ties up with SIA in insurance partnership

Customers of the airline will be offered a range of insurance travel products.

MAS monitors 20% health insurance complaints made due to unsuccessful claims

The majority of the complaints were concerned with treatments not being covered.

Great Eastern crafts insurance package for special needs children

Upon the parents’ demise, the payout from the insurance goes to the children’s SNTC trust fund.

Willis Towers Watson names new Indonesia business head

He will also head the corporate risk and brokerage.

NTUC Income converts from co-op to corporation

The move comes amidst further increase in competition in the market.

Hong Kong IA seizes control of Target Insurance

The regulator has appointed managers to take control of the firm.

Happy holidays, one and all!

Insurance Asia will be back on 10 January 2022. 

NTUC Income offers bonus coverage for ‘younger’ consumers

The newest product calculates biological age to give bonus insurance coverage.

Tokio Marine deploys insurance app in Vietnam

The app targets employees of Japanese firms operating in the country.

AIA launches protection for Hong Kong shoppers

The insurance package will be exclusive for Bloom members.

BOCG Insurance streamlines motor insurance platform with CoverGo

It also enlisted Milliman to implement new rates for motor products.

Manulife Hong Kong names Carrie Tong as Macao head

She is also the Chief Strategy Officer for Hong Kong and Macau.

FWD Group raises $1.425b from private investors

The investment will take the form of cash subscription of new ordinary shares.

APRA proposes reforms to strengthen private health insurance

One of the proposals is to increase minimum capital requirements.

Hong Kong International Airport offers free insurance to travelers

Passengers will receive compensation if their flight is delayed more than six hours.