News
Sun Life Hong Kong launches Stellar (18-pay) with death benefit settlement option
Clients can choose between paying by instalments or paying in full.
Sun Life Hong Kong launches Stellar (18-pay) with death benefit settlement option
Clients can choose between paying by instalments or paying in full.
Korea P&I Club underwriting profits to remain vulnerable: AM Best
This is despite mitigative actions done by the insurer.
Tokio Marine announces participation in ADB’s credit insurance program
The program aims to solve social issues in emerging countries in APAC.
Hong Kong insurance regulator cautions against fake insurance website
The website is posing as an insurance company.
Allianz Trade in Asia Pacific names new regional commercial director
The new director will be based in Singapore.
Hong Kong Insurance Authority warns public of bogus calls
The callers are pretending to be staff from the IA to gain private information.
South Korean non-life insurers to suffer heavy loss August floods: Fitch
However, reinsurance safeguards will shield most insurers from major losses, AM Best said
Tokio Marine launches new cancer protection with multiple payouts
It boasts one of the highest potential payouts at 475%.
Digit Insurance files for IPO
The insurer plans to raise more than $160m
Surer inks partnership with Delta Underwriting
The aim is to provide intermediaries quick access to cyber insurance products.
Hang Seng Bank seeks new insurance partner—report
The bancassurance partnership could value more than $100m.
Peak Re names new underwriting chief
He has had a decade of experience in a similar role.
Dai-ichi Life buys NZ-based insurer for $630m
The acquisition was made through Dai-ichi Life International Holdings.
China Life delists from US stock exchange
The insurer said they would apply for ‘voluntary delisting’.
BOC HK, BOC Life launch green savings insurance plan
It offers up to a 3% annualised guaranteed rate of return at policy maturity.
Singapore life insurance contracts by 1.9% YoY in H1 2022
New business premiums hit $1.92b
Prudential reports 8% surge in H1 operating profits
New business profits, however, went down by 5%.