Insurance
BEA mulls selling general insurer Blue Cross—report
The Hong Kong lender is said to be seeking to raise cash by disposing of non-core assets.
BEA mulls selling general insurer Blue Cross—report
The Hong Kong lender is said to be seeking to raise cash by disposing of non-core assets.
Swiss Re China president John Chen retires
Deputy Head of Swiss Re China Brian Han will take over operations.
Gig worker insurer Gigacover debuts in the Philippines
The Singapore-based insurer plans to launch financial services products in Q1 2022.
Chubb names Singapore division head of international line
The new Singapore head has been with Chubb since 2014.
AIA appoints former Sun Life president as new regional CEO
The insurance veteran will also lead AIA’s Group Strategy and Corporate Development.
Hong Kong premiums dips 1.1% in first nine months
Policies bought by Mainland visitors also decreased due to travel restrictions.
Richmond Reinsurance Brokers enters Taiwan market
The Singapore-based reinsurance broker has set up a new subsidiary in the country.
Mitsui & Co. acquires majority stake in Singapore broker PHA
Mitsui plans to rebrand the Singaporean broker.
South Korea insurance net income skyrockets to KRW7.63t in 2021
Insurance income soared 37.3% for the first nine months of the year.
Millennials are Singapore's new ‘sandwich generation’: survey
The youngest millennials are now part of the workforce.
China general insurance penetration rate below market average: analyst
This is despite the prediction that the industry would reach $313b by 2025.
Allianz Malaysia GWP soars to $990m in 2021
The life insurance subsidiary grew by 8.2% in the first nine months of 2021.
Singapore general insurance industry to skyrocket to $4.2b by 2025
It is expected to grow at a compound annual growth rate of 5%.
Zurich Life launches first critical illness plan
The plan offers protection for major critical illnesses such as cancer and heart diseases.
3 out of 5 Malaysian motorists lack flood insurance
Only 34% are covered by flood damages such as falling trees.
Tokio Marine transforms non-life subsidiary to insurtech
It plans to position the new insurtech as the digital R&D hub of the group.
Bulk of Hong Kong homeowners mistaken about fire insurance
Only 4% of surveyed homeowners knew precisely what it construe.
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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.
