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Indian life insurers' new business premiums inch 7% in FY2020-21
Private insurers grew 8% in individual business, whilst group business saw a 20% growth.
Indian life insurers' new business premiums inch 7% in FY2020-21
Private insurers grew 8% in individual business, whilst group business saw a 20% growth.
Headwinds persist for Japan's life insurers as low rates stifle investment income
However, most domestic life insurers maintain robust risk-adjusted capitalisation.
LiquidX's Singapore entity obtains MAS insurance brokerage licence
LISS will help banks, asset managers, and corporates access trade credit insurance coverage.
AXA HK floats free PA protection to boost tourism, COVID vaccine
Those aged between six months to 85 years can avail of the programme.
Aussie insurers urged to act quick for continuity, stability
The sector also has three key areas of main focus and concern.
Philhealth to cover COVID-19 vaccine side effects
The insurer will grant a maximum of $2,052 for hospitalisations.
Euler Hermes, NORD/LB close APAC's first Green2Green credit policy
The Green2Green Single Risk solution provides insurance to green transactions.
GIC Re posts $268.3m net profit for FY2021
Gross premiums during that period fell 7.1%.
AIA to buy 25% of China Post Life
China Post Life is a subsidiary of China's postal service operator.
Bharti AXA Life's total premium income inch up 4.3% in FY2021
Renewal premiums jumped 10% in 2020 to 2021, but COVID-19 hit new business premium income.
Japan's general insurers to further focus on climate change for FY2021
It has also commenced its Ninth Mid-Term Business Plan.
Motor policy complaints in Malaysia drop over past five years
Complaints fell to 1,025 in 2020 from 2,159 in 2016.
China's Sinosure opens office in Dubai IFC
Sinosure aims to further support China’s national Belt and Road initiative.
CapitaLand divest partial stake in Raffles City to Ping An Insurance
The divestment deal amounts to CN¥46.7b.
Policybazaar aims to launch 100 retail stores across India
Through the stores, clients can lodge queries or service requests.
Japanese insurers grapple with estimating climate change cost
Regulators are still learning their way in setting rules on disclosure.
Zurich Hong Kong life subsidiary granted licence
Zurich life will launch two plans and two digital platforms.
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Insurers need cultural overhaul in digital push
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Digitalisation seeks to simplify processes, not complicate things.
Digitalisation seeks to simplify processes, not complicate things.
