Insurance
Allianz Malaysia posts 7.3% hike in H1 2020 gross written premiums
Both its life and general insurance arms also recorded GWP growths.
Asian reinsurers to refocus existing protection amidst pandemic
They are re-emphasising on capital to build buffers against claims and losses.
Coinsurance to alter Korean insurers' capital efforts
It would be more benefitting for the life segment.
Prudential Malaysia's digital journey let operations take flight amidst the crisis
Its five-year digitalisation plan allowed for easy transition to remote work and services.
Reinsurance broker BMS adds Amy Fu to Asia business team
The team is still subject to regulatory approval.
Most Singaporeans had positive pandemic-related travel claims: survey
Over half were processed within seven days.
Chinese insurtech Waterdrop nabs $230m funding from Swiss Re, Tencent
Swiss Re reportedly invested $100m in the platform, a source said.
AIA's H1 operating profit grows but new business sinks
Limited face-to-face sales pushed VONB down.
Singapore's SNACK grants $1,500 insurance coverage to MyRepublic customers
Customers simply need to sign-up for a Personal Accident plan on the SNACK app.
Igloo, Akulaku, UnionBank launch microinsurance in the Philippines
PA products will be available on UnionBank's and Akulaku's platforms.
Australian life insurers sink as slump hits sector
Recovery will be a measly 0.2% in 2021.
Malaysia's life insurers suffer 12.6% fall in H1 total premiums
Investment-linked policies dropped 24.5%, triggering the fall.
Malaysian general insurers face worst H1 in recent years
Gross direct premiums dropped 3.6% to $2.05b.
Hong Kong renames Clement Cheung as Insurance Authority chief
He played a role in boosting the global competitiveness of the sector.
China's economic rebound to test foreign insurers
The country is dominated by local insurers.
Pandemic drums up life insurance demand amongst Australia's wealthy
But it has also crippled away at HNWs trust on insurance providers.
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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.
