Insurance
ZA Tech, PFI Mega Life to drive digitisation of Indonesian insurers
The two firms will cocreate products and digital solution.
FY2019-2020 significantly challenging for Aussie general insurers
Almost 33,000 code violations were reported.
Philippine insurers 'firm' despite shrinking capacity: report
Pricing has risen across several segments.
Positive momentum in China to prop up AIA's business growth
Strong capitalisation is likely to be maintained despirte headwinds.
AXA rolls out new brand campaign
Hong Kong is the first Asian market to launch a series of promotions.
Singapore opens proposals for integrated health claims platform
It aims to extend access to patients' insurance policy details.
Japan earthquake insurance gap at $25b: report
There is still underinsurance of seismic risk even if the share has risen.
Q4 2020 brings prosperity to Indonesian life insurers
Revenue surged 81.7% to $6.4b amidst economic improvements.
Hong Kong general insurers post 7.8% gain in 2020 gross premiums
But net premiums fell 8.7% in the same year.
Hong Kong life insurers' 2020 revenue premiums jump to $70.6b
But new office premiums shrank 22.8%.
Hannover Re predicts growth in APAC P&C reinsurance
It has transferred its P&C underwriting from Hanover to Asia.
Thai insurers gain from new funding rules: report
Capital bonds as alternative funding may boost sector capital adequacy.
Australian regulator seeks feedback on add-on insurance sales model
It pushes for a four-day pause for a principal product sale and add-on sale.
Indian cabinet OKs higher FDI limit for insurers
The revisions will now be introduced to Parliament.
APRIL International, Ephesoft partner for automated claims processing
APRIL will first launch the Ephesoft platform in Hong Kong.
AIA 2020 OPAT inches up 5% to $5.9b
Value of new business fell 33% in the same year due to operational changes.
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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.
