Insurance
New Zealand regulator alarmed by $34m spent on insurers' non financial incentives
Trips, business support and conferences may influence insurers’ exercise of duty.
New Zealand regulator alarmed by $34m spent on insurers' non financial incentives
Trips, business support and conferences may influence insurers’ exercise of duty.
Chinese insurers defy deleveraging campaign by ramping up alternative asset allocation
Such assets offer higher returns of 9.42% than 5% on average offered by corporate bonds.
HSBC Insurance rolls out digital insurance platform
It currently offers two life insurance solutions.
Tokio Marine Singapore enhances chatbot with calculator feature
Users can now see for themselves the gap between their income and insurance coverage.
Singapore life insurance premiums up 14% to $689.23m in Q1
Linked policies led the charge after surging 82% in Q1.
AXA Insurance appoints Sean Goh as managing director of Life Strategic Business Unit in Singapore
He takes over from Neil Frith who will be moving to a new role based in Spain.
Singapore battered by massive $669.97b mortality and critical illness gap
This represents the gap residents must cover in case of emergencies rendering them unable to work and provide for their families' financial needs.
Great Eastern profits ballooned 68% to $115.02m in Q1
Thanks to the insurer’s booming business in Singapore.
AIA new business value up 26% in Q1
Sales to China buoyed the insurer's profitability and may soon become its biggest market.
China's insurers remain flush with money
Average comprehensive solvency ratios of life and P&C insurers remained above 200% as of end 2017.
FWD to offer insurance products on blockchain platform
The company’s customers can now manage their insurance needs on PolicyPal Network.
Singapore to roll out blockchain-powered insurance ecosystem
Deloitte, FWD and Ziliqa are amongst the launching partners.
Ping An profits up 12.5% to $4.57b in Q1
Strong performance from the life and health segment boosted quarterly earnings.
Manulife Asset Management Services Berhad unveils Shariah fund
It aims to provide diversified Shariah-compliant equity opportunities for investors.
Aetna International launches health clinic in Thailand
The family clinic, located in Nichada district, aims to provide community healthcare services.
HSBC Insurance appoints Alistair Chamberlain as global head of product and actuarial
He is currently based in Singapore, and is a member of HSBC Group Insurance Executive Committee.
Chinese P&C life insurers premium growth slow 16% in 2017
Non-motor premium growth hit 33%, outpacing total growth in premium at 6%.
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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.
