Insurance

AIG, SRX launch insurance policy to replace rent security deposits

AIG Landlord Insurance will cover loss and damages not limited to the amount of the deposit.

AIG, SRX launch insurance policy to replace rent security deposits

AIG Landlord Insurance will cover loss and damages not limited to the amount of the deposit.

AIA Singapore names Delon Choo as CEO of AIA FA

Choo was recently with Chubb Life. AIA Singapore has appointed Delon Choo as chief executive officer of AIA Financial Advisers (AIA FA) effective 23...

Insurance Asia Awards 2020 is now open for nominations

Deadline for submission of entries is on 28 February 2020.

Chinese life insurance premiums to hit 13% in 2020

Traditional life insurance and health insurance to hit 10% YoY and 26% YoY.

Insurance firms tap into big data for new products

Total assets of the 50 largest insurers went down 6.47% to $217b in 2019.

China Taiping floats first universal life plan for HNWIs

Infinite Universal will cover legacy planning, estate planning, and business continuity.

Low interest rate environment threatens South Korean life insurers' profits: report

Premium growth is suppressed by a weak economy and reduction of sales.

Singaporean insurance platform Singsaver secures brokerage license

They launched a platform that aims to tap into the $4b-worth local insurance market.

Singaporean regulator co-launches steering committee for the local insurance industry

It will monitor trends and identify emerging issues, collaborate with MAS on initiatives.

Indian insurers see modest growth for FY2020 at 4-15%

Coverage stocks will likely meet annual premium equivalent (APE) growth expectations.

Ping An invests $70m in Indian auto tech firm CarDekho

This is Ping An’s first venture investment in India.

Thai general insurance to hit $9.1b in 2019

Gross written premiums reached a CAGR of 3.1% between 2014 and 2018.

MS&AD and Manulife vie for Aviva's selected SEA assets

Aviva is seeking about $3b from the sale of its Singapore and Vietnam assets.

AXA Hong Kong's LifeDelight Insurance Plan goes live

The new plan offers life protection up to age 138.

New business premiums in life insurance down 2% to $1.97b in H1

The decline in single premium policies dragged half-year figures.

Beyond Japan: Sompo Holdings Asia's journey towards a sturdy retail platform

The insurer seeks to build and reinforce brand awareness for direct consumers in key Asia Pacific markets.