News

MAS slams 6 ex-Great Eastern financial advisers with prohibition orders

This follows after the six individuals were convicted of tax evasion.

MAS slams 6 ex-Great Eastern financial advisers with prohibition orders

This follows after the six individuals were convicted of tax evasion.

Prudential names new CFO replacement after probing former in-charge

Ben Bulmer will be taking over James Turner as Chief Financial Officer.

Life insurance revenue down in Q1, claim payments up

The Indonesian life insurance market recorded 87.54 million individuals insured in the first quarter.

Virtual insurer surpasses HK$60b sales in four years

This made the virtual insurer top rank in direct sales channels in terms of policies sold.

Sun Life Hong Kong introduces eSunPro

The platform will be exclusive to Sun Life Hong Kong clients who can avail of assistance for treatments and recovery.

Allianz Malaysia records RM1.16b in revenue for Q1

This was driven by higher sales generated from its general and life insurance segment.

ZhongAn Insurance publishes white paper on generative AI application

It recorded notable advancements in adopting AI into the Chinese insurance industry.

Japanese insurers, banks to build sustainable finance platform

The collaboration seeks to build a digital platform for investment institutions.

ADVA introduces marine insurance to Asia markets

It aims to protect ship and cargo units against potential war and piracy risks.

Lexasure, AgriG8 team up to offer insurance to Indonesian farmers

The partnership aims to financially guide rice farmers in Indonesia.

Singapore’s property insurance to earn S$1.1b in 2023

On a year-on-year basis, its gross written premiums would grow by 7.6%.

Canopius launches digital asset custody product in Lloyd's Asia platform

It offers to cover up to $130m for eligible custody solutions.

Singapore’s Aspen names new head

The industry veteran has had expertise in the field for 23 years.

MAS issues 8-year ban to former AIG, Liberty insurance agent

Yeo Siew Liang James was convicted of 18 counts of corruption in 2021.

Insurance industry lost NZ$1.93b to Cyclone Gabrielle: study

The cyclone, which hit last February, is estimated to cost NZ$1.93b.