News
Philippine insurers 'firm' despite shrinking capacity: report
Pricing has risen across several segments.
Philippine insurers 'firm' despite shrinking capacity: report
Pricing has risen across several segments.
Positive momentum in China to prop up AIA's business growth
Strong capitalisation is likely to be maintained despirte headwinds.
Singapore opens proposals for integrated health claims platform
It aims to extend access to patients' insurance policy details.
Japan earthquake insurance gap at $25b: report
There is still underinsurance of seismic risk even if the share has risen.
Q4 2020 brings prosperity to Indonesian life insurers
Revenue surged 81.7% to $6.4b amidst economic improvements.
Hong Kong general insurers post 7.8% gain in 2020 gross premiums
But net premiums fell 8.7% in the same year.
Hong Kong life insurers' 2020 revenue premiums jump to $70.6b
But new office premiums shrank 22.8%.
Hannover Re predicts growth in APAC P&C reinsurance
It has transferred its P&C underwriting from Hanover to Asia.
Thai insurers gain from new funding rules: report
Capital bonds as alternative funding may boost sector capital adequacy.
Australian regulator seeks feedback on add-on insurance sales model
It pushes for a four-day pause for a principal product sale and add-on sale.
Indian cabinet OKs higher FDI limit for insurers
The revisions will now be introduced to Parliament.
AIA 2020 OPAT inches up 5% to $5.9b
Value of new business fell 33% in the same year due to operational changes.
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Tokio Marine probing validity of Australian unit's Greensill policies
Greensill has filed for insolvency after losing coverage for debt repacking business.
Taiwanese insurers gain from higher limit on foreign currency policies
It will incentivise sale and back overseas investments, an analyst said.
Chinese insurers' gross premium income jumps 11.6% to $155b
Life insurers' premium income rose 13.5%.
Australian regulator warns of bad trends in superannuation
There has been decay in group life insurance claims in 2019 and 2020.