News
nib postpones increasing health insurance premiums for Australians
The insurer will postpone the increase until 1 November.
nib postpones increasing health insurance premiums for Australians
The insurer will postpone the increase until 1 November.
Pru Life UK launches 4-in-1 critical illness cover in the Philippines
Four family members can share one critical illness policy.
Indonesia insures more than 2,000 gov’t buildings
This is part of the government’s pilot program on disaster risk reduction.
Life insurance industry remains muted amids pandemic challenges in China
Most life insurers reported negative growths in April.
India jacks up third-party motor insurance premiums
The increase takes effect on 1 June.
Beijing offers elderly COVID-19 vaccine insurance to ease hesitancy
Payout for elderlies experiencing adverse effects could go as high as $74k.
Prudential hires ex-Citi banker as new group chief
The new chief will be based in Hong Kong.
Australia life insurance industry suffers 88.6% loss in investment revenues
The loss was offset by the 25% decrease in operating expenses.
Howden gets regulator nod to acquire 100% of India business
India’s government allows 100% foreign ownership of insurance intermediaries.
India’s Digit Insurance eyes $500m IPO
It plans to file the necessary papers by September.
Australia general insurance industry Q1 profits soars to $920m
This reflects the impact of premium increases across business classes.
bolttech announces partnership with Vietnam’s largest telecom operator
The firm plans to create an insurance ecosystem to offer a range of insurance products.
Australia private health insurance net profit surges by 107.8% in Q1
In the year to 31 March 2022, net profit after tax reached $1.42b.
Markel Singapore hires new trade credit and political risk underwriter
This will bolster the firm’s underwriting capability in Asia.
Manulife appoints new Asia chief
He is currently serving as the company’s Hong Kong CEO.
Asia’s insurance industry has the weakest growth—here’s why
Growth was heavily impacted by underperformance of several countries.
Taiwan’s COVID-19 insurance claims may exceed $1.39b: regulator
7.6 million policies are estimated to have been sold by insurers in Taiwan.
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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.
