Insurance
NTUC Income and ZhongAn tie up to develop digital insurance products
They aim to roll out a lifestyle insurance product for the tourism sector by Q2.
Mitsui Sumitomo Insurance sets up digital hub in Singapore and Tokyo
It is located on SGX Centre 2.
Thailand unveils insurance policy for tourists
Premiums start from $13 per trip, up to seven days.
Hong Kong's Voluntary Health Insurance Scheme goes live
Features include coverage extended to unknown pre-existing conditions and no limitations on ‘lifetime benefit'.
Etiqa Insurance launches new savings plan
It guarantees a payout of 3% per annum for the first 6 years.
AXA Hong Kong launches Voluntary Health Insurance Scheme
The insurer will offer personal reimbursement for hospitalisation.
Sompo Holdings Asia appoints Daniel Neo as regional CEO
He succeeds Yuji Kawauchi who will be vice president of global business planning in Sompo Holdings in Tokyo. Sompo Holdings Asia has named Daniel Neo...
MSIG Singapore names Craig Ellis as CEO
Ellis has over 40 years of experience occupying senior positions in Allianz, Old Mutual and Charles Monat Associates.
China OKs first JV firm in pension insurance sector
The country is gearing up to embrace more overseas-funded players to engage in its financial market.
Sompo Japan Nipponkoa taps US startup One Concern for AI solution
The app will let users simulate disaster-related scenarios.
ZhongAn Online premiums hit $1.68b in 2018
The company is China’s first online-only insurer to break the $1.49b premium mark.
Insurance payments for migrant workers in Korea surged 75% to $349.61m in 2018
Korean law requires all foreign workers, especially those with E9 or H2 visa, to be insured.
Philippine life insurance premiums jumped 20.4% to $3.32b in 9M2018
Premiums from variable life insurance products hit $2.48b.
FWD Takaful Berhad names Salim Majid Zain as CEO
He was formerly CEO of Zurich Takaful Malaysia.
Hong Kong's FWD Group in talks to acquire Siam Commercial Bank's life insurance business
The firms were previously in talks for a possible $3b sales of SCB Life Insurance.
Chubb names Serene Neo as Singapore division head of accident & health
She previously spearheaded the development of retail banking and payment products at a local bank.
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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.
