Insurance

Singapore life insurance records whopping $1.97m in sales

This accounts for a YoY 61% growth in H1 2021.

Singapore life insurance records whopping $1.97m in sales

This accounts for a YoY 61% growth in H1 2021.

AIA Singapore appoints chief product proposition officer

The position was newly created to help the firm focus on reorienting strategic priorities.

Henan flood led to record breaking insurance losses of CN¥11.2b

S&P Global said China’s extreme weather conditions are testing its domestic property and casualty insurers.

Westpac Life Insurance performance unaffected by change of ownership: analyst

The insurer's performance continues to be driven by its stand-alone credit profile.

Carlyle Group sells shares in SBI Life Insurance for INR₹21.47b

This marks the group’s exit from the Indian insurance company.

Insurance companies, pension funds to bring on ‘age of sustainability’ in Asia: analyst

Tapping into the region’s vast savings is required to reach this new age.

How South Korea insurers ended a 4-year low of direct written premiums

Insurers registered a 4.1% growth in 2020 for the first time since 2016.

Westpac sells insurance arm Japan’s Dai-ichi Life for A$900m

This marks the Australian firm’s exit from the life insurance sector.

AXA rolls out first-in-market surgical insurance SurgiCare

One out of three people in Hong Kong has undergone surgery in his/her lifetime.

nib launches newest digital solution for prescription claims

Members can now have a process on-the-spot, paperless claims of their prescriptions.

Manulife Financial Asia segment stands out in Q2

The Canadian insurer’s Asia segment saw a surge in new business value of up to 48% in Q2.

Dah Sing Insurance launches specialised insurance for Tesla cars

The special insurance offer is only available to select Dah Sing Bank customers

Can Australian insurers weather another economic collapse?

The Australian Prudential Regulation Authority found out the answer.

RGA reports $12m pre-tax income loss in APAC for Q2

India took the biggest chunk in COVID-19 claims for the region.

foodpanda SG launches rider insurance policy PandaCare

The policy aims to provide riders with fuss-free, wallet-friendly insurance coverage.

Indian online insurance aggregator PolicyBazaar files for IPO

The company aims to raise $809m through the IPO.

Allianz gets regulatory nod in China

It became the first wholly foreign foreign-owned insurance asset management firm in the country.