News
AON laps up remaining 51% stake in Aon India Insurance Brokers
This gives the company 100% control of the Indian insurance broker.
AON laps up remaining 51% stake in Aon India Insurance Brokers
This gives the company 100% control of the Indian insurance broker.
Westpac completes sale of lenders mortgage insurance arm
The business was sold to Bermuda-based Arch Capital Group Ltd.
Lockdowns lifts Australian health insurer profits
And lowered claims costs for health insurers.
BEA completes sale of insurance arm to AIA
The sale was for approximately $655.56m in cash, including notional interest.
HKIA inks MoU with China and Macau
The agreement aims to step up their collaboration on innovation in financial services.
Insurance broker g&m acquires ANDA from Marsh Singapore
Both companies will operate independently.
Hong Kong’s total gross premiums dips by 2.2% to $39.48b
However, new sales of life insurance policies went up by 22.9%
AIA Singapore appoints new AIA Financial Advisers CEO
He has over 23 years of experience in all areas of distribution and strategy.
China probing Ping An Insurance’s property market investments: report
The insurer disclosed $8.4b exposure to China Fortune Land Development in February.
ICA warns new cybersecurity rules could raise premiums
Australian insurers urged the government to approach these amendments with caution.
China Life H1 2021 profit soars to 34.2%
This is despite the sluggish growth of GWP due to the impact of COVID-19.
APAC saw lowest insurance M&A deals since 2011
M&A decreased by as much as 51% in H1 2021.
Allianz Malaysia GWP surges to $662m for H1 2021
However, profits before tax is 19.6% lower compared to last year.
Zurich Hong Kong launches new insurance plan for domestic helpers
The plan comes with multiple new protections for employers and employees.
China Taiping sees 77% profit growth to $5.11b in H1
Total premiums written and policy fees over the period stood at $157b.
PICC Property and Casualty H1 net profit surges to CN¥16b
China’s biggest non-life insurer beat street estimates despite decelerating QoQ growth.
AXA, HSBC unveil insurance for Hong Kong residents studying overseas
For as low as HK$4,000, students can enjoy up to HK$2.5m coverage.
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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.
