News

Swiss Re and Indonesia Re partners to enhance digital accessibility in Indonesia

More than 70 reinsurers will benefit from this collaboration.

New Zealand central bank issues interim solvency standards for insurers

The interim standards will come into force on 1 January 2023.

AXA launches medical insurance supplement 

The aim is to help customers cope with medical inflation.

Manulife names new CEO for Hong Kong business

The interim CEO will now revert full-time to his position as Chief Distribution Officer.

Tokio Marine announces revise climate strategies

New revisions targets prohibitions of new business transactions in oil and gas.

YAS MicroInsurance bags $4.5m in pre-Series A funding round

The insutech firm plans to use the funds to expand and insure the Web3 economy.

livi bank launches app-based travel insurance plan

This is the bank’s first general insurance offering.

Aviva acquires majority stake in India life venture

This is the second local life insurance venture with 74% foreign ownership.

AIA announces acquisition of MediCard Philippines

Dr. Nicky Montoya to continue to lead MediCard as the CEO.

AXA Hong Kong sets foot in the metaverse

The insurer has acquired a 3X3 LAND to provide an interactive space for customers.

Taiwan’s non-life insurance suffers 537.1% loss in August

This is the fifth consecutive month of loss for the insurance industry.

Australian watchdog finalises changes to insurance capital and reporting frameworks

The changes aim to minimise misalignments between APRA’s frameworks and AASB 17.

Hong Kong insurance regulator bans former agent for two years 

The agent was banned for using a false academic certificate under the self-regulatory regime.

Ping An launches new home-based elderly care insurance

The product provides wealth protection and elderly care services.

Manulife launches program to teach kids financial literacy

The insurer partnered with St. James' Settlement for this initiative.