Insurance
Philippine insurtech startup Saphron clinches $1m seed funding
It will optimise AI and real-time data analytics for customer service.
Philippine insurtech startup Saphron clinches $1m seed funding
It will optimise AI and real-time data analytics for customer service.
Grab ventures into SME lending and micro-insurance
One product is a post-paid and installment payment service called Pay Later.
APAC insurance deals up 40% in 2018: report
There were 59 completed M&As last year from 42 in 2017.
China Life's insurance premiums surge 22.4% to $28.17b in January-February 2019
This compares to the 4.7% growth in the same period last year.
Great Eastern offers modular insurance plans in Samsung Pay
Available products include a personal accident plan and a home insurance plan.
Indonesia life insurance premiums down 5% to $13.05b in 2018
Income from the bancassurance channel took a hit.
AIA operating profit jumped 13% to $5.3b in 2018
Annualised new premiums grew 15% to $6.5b.
Hong Kong general insurers reverse from loss to $74.27m profit in 2018
Overall net premiums hit $4.49b.
Korea to tighten health insurance for expats
Foreigners with delayed insurance payments will face visa-related penalties by May.
E-commerce firm Synagie Corporation unveils lifestyle insurance mobile app
Kaisu.me will provide a 12-month accidental screen damage protection for new mobile phones.
87.7% in Vietnam covered for health insurance
Vietnam has paid $1.69b worth of insurance benefits in the first two months of 2019.
Sompo Japan Nipponkoa Insurance-Line tie up to allow insurance gifting
The policyholder can get a payout of $89 after an earthquake with an intensity of lower 6 or above hits their neighbourhood.
Great Eastern ventures into esports with Singtel partnership
This is Great Eastern’s first foray into esports.
Singapore-based insurtech startup CXA Group raises US$25m
Singtel Innov8 and HSBC pitched in.
China to eclipse US as world's largest insurance market by 2030s
The CAGR hit 16% for the non-life segment and 17% in life from 2013-2017.
One in 10 Hong Kong SMEs do not have insurance protection: survey
Only a fifth of SMEs have insurance protection against business interruptions.
Vietnam to boost life insurance coverage to 15% by 2025
Only 8% of the population currently has a life insurance plan.
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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.
