Insurance
GWP of Indonesian general insurers to hit $5.17b in 2025
The sector is expected to recover 2.9% in 2021.
GWP of Indonesian general insurers to hit $5.17b in 2025
The sector is expected to recover 2.9% in 2021.
Manulife HK's 2020 core earnings jump 10% to $812.6m
Q4 core earnings also jumped 10% to $232m.
Indian insurers, paytech partnerships bring wider distribution
Insurers that have done so will reach a bigger client base with less cost.
Asian insurance pricing jumps 11% in Q4 2020
Property pricing rose for the ninth straight quarter to 16%.
Inside Concirrus' Asian expansion and helping marine insurers with data analytics
Rising premiums and digitisation present a faster and positive recovery for the sector.
IAG records $365m net profit loss for H1 2021
Gross written premiums grew 3.8%.
India's budget proposals could help insurers woo foreign capital
A capital influx could allow the sector to develop distribution networks.
Australian insurance council to review coverage gaps
Concerns have been raised about affordability and availability.
Indonesia floats unit-linked certification service for general insurers
The Financial Services Authority is preparing regulations for unit-linked investment products.
Allianz Life Malaysia floats training scheme for future estate planners
They will receive monthly financial assistance of up to $3,000.
Singapore life insurers' new premiums jump 3% to S$4.38b for Q4 2020
New policies bought online surged to 206,679, most of which were single premiums.
Taiwan insurers to shift towards new solvency, sustainability
The regulator has also pushed for changes in product mix.
Allianz gets full ownership of China life business
It will acquire the remaining 49% stake from Citic Trust.
Ping An Insurance records 4.9% FY2020 profit jump to $21.5b
New business value crashed 34.7%.
Hong Kong SMEs lack adequate insurance vs key concerns: report
Only 24% have protection against equipment damage despite it being a top risk.
AIA amongst bidders for Bank of East Asia's life insurance arm
The bank could raise about $500m to $600m from a potential transaction.
Tokio Marine acquires World Wide Specialty Programs' US staffing insurance unit
It will be wholly owned by Tokio Marine & Nichido Fire.
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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.
