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Australia's Suncorp renews reinsurance programme for FY2022
The FY2022 reinsurance tower will grant Suncorp with $4.9b (A$6.5b) of protection.
Australia's Suncorp renews reinsurance programme for FY2022
The FY2022 reinsurance tower will grant Suncorp with $4.9b (A$6.5b) of protection.
Singapore parents prioritise children's expenses over retirement: study
Parents spend almost 20% of their income on their children but less than 7% on their own retirement planning.
Allianz Malaysia CEO calls for unity vs motor claims fraud
Motor claims fraud costs the industry $240.5m (MYR1b) per year, he said.
Changes to India's LIC Act takes effect
This is seen as a major step towards LIC's proposed IPO.
AIA Hong Kong, Bank of East Asia launch bancassurance partnership
They launched seven products that provide comprehensive life, critical illness, savings, and retirement protection.
AIA Vietnam, e-commerce platform Tiki announce partnership
Tiki customers will have access to life and health plans through the platform.
Malaysian central bank pushes upgrades to insurer, takaful capital framework
These upgrades ensure that the framework remains effective amidst shifting market conditions.
Australian property reinsurance saw neat mid-year renewals: report
The property segment experienced pressures on pricing, particularly on loss-affected layers.
South Korea to decide on Samsung daughters' life insurance shareholder eligibility
The regulator is expected to rule in their favour, sources revealed.
Only 15% of Singaporeans have adequate critical illness coverage
The Life Insurance Association recommends critical illness coverage 3.9 times the annual income.
India's Digit Insurance secures $200m in latest funding round
The investment will result in a 5% dilution of the firm's equity.
Insurtech bolttech completes $180m series A funding, hits unicorn status
The investment will accelerate continued growth and its plans to consolidate its position in the United States.
India's life sector projected to hit $98.5b in GWP by 2024
Catalysts include favourable demographic factors and economic recovery expected over H2 2021.
China's ZYIC's underwriting profit still thin despite gains from crop insurance
ZYIC has reported net profits consistently over the past five years.
Australia's resources sector at risk of not securing insurance, funding
This is due to banks and insurers trying to appease activist shareholders, QRC said.
AIA's China Post Life investment, Hubei licence add to medium-term China growth
It should complement AIA's operations and expansion strategy in China.
Taiwan's Shin Kong Life to divest stake in Dingcheng Life
Taiwan’s Shin Kong Life is planning to divest its remaining 25% stake in Beijing-based Dingcheng Life, gaining $66.2m (CNY428m) in the process, according to media reports.
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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.
