Insurance
Life annuity scheme launched for Hong Kong's senior citizens
Men will receive a monthly payout of $5,800 whilst women get $5,300.
Life annuity scheme launched for Hong Kong's senior citizens
Men will receive a monthly payout of $5,800 whilst women get $5,300.
RHB launches mobile app for motor insurance and road tax
Users can purchase motor insurance policies within three minutes.
Chinese insurers shun universal life policies to ensure sustainability
These are commonly structured as short-term savings products.
Prudential Singapore rolls out insurance product for critical illness
‘PRUtriple protect’ offers a payout as high as $6.74m.
Japanese insurers embrace third-sector medical policies to weather ultra low rates
They rose 9% whilst individual annuity policies plunged 56% in fiscal 2017.
Allianz Taiwan unveils country's first AI-powered chatbot
‘Allie’ can answer customer inquiries and allow cross platform operations.
Allianz Malaysia profit up 18% to $21.85m in Q1
Strong performance from life and general business buoyed quarterly earnings.
ERGO Insurance and PolicyPal unveils plan to roll out blockchain travel insurance
Customers can enjoy automated claim payouts without the hassle of filing for a claim.
Singapore government unveils revamped insurance scheme for seniors with disability
CareShieldLife will be rolled out by 2020.
Prudential Singapore to pay $100 to customers hit by GIRO deduction
Customers can expect it to be credited to their accounts by 3 June.
AIA Singapore unveils enhanced retirement policy
It features increased monthly dividends and lowered premiums.
World's first blockchain marine insurance platform rolled out
‘Insurwave’ can help manage risk for more than 1000 commercial vessels in its first year.
Singapore listed insurance trio posts 8.6% return in May
The three insurers performed strongly despite intensified competition.
Korean life insurance net income crashes 21.7% to $316.9b in Q1
Blame premium income from savings-type insurance products which plunged by $2.5b.
China's online property insurance premiums surge 30.9% to $2.26b in Q1
The quarterly growth reverses a slight decline registered last year.
Peak Re names Stephen Roder as independent non-executive director
He also becomes a member of various board committees effective 2 May 2018.
Hong Kong insurance tax bill gazetted
It enables a tax deduction for residents buying health insurance under the VHIS.
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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.
