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Asia commercial insurance pricing surge continues rate of decline
The increase which began in 2020, has slowed down significantly in 2021.
Asia commercial insurance pricing surge continues rate of decline
The increase which began in 2020, has slowed down significantly in 2021.
Meiji Yasuda Life to invest $43m in new ESG engagement fund
This is part of a business alliance with SDG Impact Japan.
HK Insurance Authority shuts down offices amidst new Omicron threat
Majority of employees are ordered to work from home.
Philippines’ COVID-19 insurance claims balloons to $240m
Bulk of the claims were paid from January to September last year.
Thai insurance regulator assures policyholders amidst insurer shutdown
Southeast Insurance recently announced cessation of operations.
Ping An gets green light to restructure New Founder Group
Ping An will pay $7.6b to acquire 66.51% equity interest in New Founder Group.
Indonesia life insurance industry to grow to $17.4b in 2025
After rebounding in 2021, the industry is set for a massive growth trajectory.
Philippine non-life insurer group bucks jacking of capital requirement
The group said the P900m capital requirement is sufficient.
HK Insurance Authority fines insurers HK$7m for breaking regulatory laws
The two insurers broke anti-money laundering and counter-terrorism laws.
FSC slaps KR₩155m fine to Samsung Life over unpaid insurance claims
FSC found the insurance firm in violation of the Insurance Business Act.
PH establishes supervisory college for financial conglomerate supervision
Financial sector regulators recently signed an MOU.
OJK promises balance in insurtech and consumer protection
Indonesia has a growing adoption of digital tech in the insurance industry.
Taiwan life insurance profits climbs by 88.5% to $13.97b
Insurance industry’s profit for 2021 reached $14.78b
Southeast Insurance ceases operations amidst mountain of COVID claims
The company said it cannot pay all the claims for all of its COVID-19 policies.
Generali takes majority stake in Indian JVs
Generali is investing around $190.47m in two joint ventures.
Dah Sing Insurance grants cash allowance for HomeSure policyholders under quarantine
This is exclusively offered for the first year’s policyholders.
AXA launches new AI-powered financial health tool
The tool measures a customers financial health whilst offering solutions.
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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.
