News

AIA total VONB up 18% to $3.3b in 2021

AIA China was named as the largest contributor for the group’s VONB.

AIA total VONB up 18% to $3.3b in 2021

AIA China was named as the largest contributor for the group’s VONB.

Igloo raises $19m in Series B funding round

This brings its total funding to over $36m.

China to dethrone US as largest market for life insurance

Life insurance premiums in China will reach $7.12t by 2050.

Philippine non-life outlook to remain stable: AM Best

Strong growth in different non-life segments underpinning stable outlook.

APAC insurer earnings to fluctuate amidst Russia-Ukraine conflict

The conflict would test insurers with high allocation to foreign-currency investments.

Hong Kong broker banned over breach of personal information

He was also found guilty of forgery and impersonation.

Prudential Singapore reports $743m premium sales in 2021

Momentum was supported by growth across the agency and bancassurance channels.

Gas up and get insured: AXA and Setel seals deal on digital motor insurance product

Setel users will now have the option to buy motor insurance with their accounts.

Allianz General Malaysia customers offered flash flood claims

A ‘Claims Caravan’ will also be deployed for a swift claims process.

Women to bolster Fusion’s APAC underwriting team

These new senior appointments will power the firm's M&A underwriting business.

YAS MicroInsurance opens new office in Malaysia

The insurtech firm said it plans to ‘shake-up’ the market.

Bupa appoints new managing director

The new head has over 25 years of experience in the insurance industry.

MSIG Asia CEO Alan J. Wilson retires after 14 years

COO Clemens Philippi set to take the wheel on 1 April.

AIA buys Hong Kong insurer Blue Cross for $278m from BEA

A bancassurance partnership is also in the mix.

Hong Kong IA extends temporary distribution measures until September

This means face-to-face sales of some insurance products are still prohibited.