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 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.

Prudential reports 8% surge in H1 operating profits

New business profits, however, went down by 5%.