Insurance

Tokio Marine's Q1 net income slips 12% to $940m

Net premiums written rose 8.3% YoY to $8.6b.

Tokio Marine's Q1 net income slips 12% to $940m

Net premiums written rose 8.3% YoY to $8.6b.

Taiwan's life insurers shift products ahead of new solvency

The segment will likely prioritise foreign currency over the local dollar.

Chubb floats work from home insurance in Hong Kong

It covers mental health counselling for employees.

FWD Singapore warned over data breach

Personal data was leaked through payment advice letters.

India health claims surge 240% to $152.7m

Average claim per person reached $2,125.

Australian wealth firm AMP hit with class action over insurance advice

The Federal Court has ordered AMP in February to pay for incorrect advice.

Sun Life sees Asia comprising 25% of income in 5-6 years

It has already boosted its digital capabilities in the region.

India's short-term COVID-related insurance plans to push policy uptake

More people are likely to buy plans as COVID-related costs became more known.

Industrializing data and analytics among Asian insurers

In recent years, Asian insurers have increasingly turned to data and analytics tools to drive growth and improve operational efficiency. Many have...

Lower rates push Asian life insurers to alter investment mix

Insurers are shifting their asset allocations to US credit investments.

FWD Hong Kong, Octopus float savings and insurance plan

It can be activated with an initial premium of as low as HK$300.

Hong Leong partners with Munich Re to enhance underwriting process

ALLFINANZ will reportedly streamline process and be more cost effective.

Most Australians can't pay upfront fee for insurance advise: study

Regulatory disruptions have also reduced access to life insurance.

Hong Kong insurance premiums to grow 1.46% in 2020

This is barely a quarter of the 6.3% rise in 2019.