Insurance
Great Eastern boosts digital tools amidst COVID-19 pandemic
Authorisation of policy purchases will be simplified.
Great Eastern boosts digital tools amidst COVID-19 pandemic
Authorisation of policy purchases will be simplified.
AIA Hong Kong grants free COVID-19 coverage through mobile app
Payments for diagnosis and death will be guaranteed.
Singapore insurance services to remain open amidst lockdown
The government has raised distancing measures against COVID-19.
Pandemic heightens Korean life insurers' asset risk
The average negative spread widened to 0.85% in H1 2019.
Tokio Marine Life rolls out enhanced protection plan
The #go2gether campaign offers up to 50% coverage against death and critical illness.
Prudential Singapore floats new hospitalisation plan
It grants access to more affordable public and private healthcare.
Economic, financial volatility push Japanese insurers towards hybrids
They can withstand the downsides through low financial leverage and strong earnings.
Singapore life insurance regulator offers six-month grace period for premiums
Policies will remain valid throughout the period.
Singapore general insurance sector posts $28m underwriting loss for 2019
The top five segments accounted for a combined $43.4m underwriting loss.
Japan, Korean insurers to see dampened sales as COVID claims rise
Both countries will see an increase in death claims.
Prudential Thailand, TMB Bank sign bancassurance venture
The insurer will provide health solutions to TMB clients for 15 years.
AIA Hong Kong rolls out COVID mobile alert app
Both AIA and non-AIA clients can receive information on cases across the city.
Australia's insurance sector post strong returns despite dampened ROE: analysts
The sector will reach an ROE of 15% this year, lower than last year’s 16%.
DBS extends enrollment deadline for COVID-19 relief insurance
The policy recorded more than 52,000 sign-ups in a day during its peak.
AIA Singapore launches new policy features vs COVID-19
The enhancements are available to HealthShield Gold Max policyholders.
AIA Singapore's 2019 operating profit hikes 6% to $583m
Total weighted premium income rose 8% to $2.91m.
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Insurers need cultural overhaul in digital push
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Digitalisation seeks to simplify processes, not complicate things.
Digitalisation seeks to simplify processes, not complicate things.
