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APAC insurers grapple to preserve capital buffers amidst volatility
Low interest rates are pitfalls as it cuts income from investment holdings.
APAC insurers grapple to preserve capital buffers amidst volatility
Low interest rates are pitfalls as it cuts income from investment holdings.
Singapore regulator to amend ERM rules for insurers
It wants to boost liquidity risk management and stress testing.
Allianz APAC posts 15.4% 2020 operating profit jump to $670.9m
Both its life & health and P&C segments reported strong growth.
Philippines to launch catastrophe insurance facility in Q1
It will allow insurers to take in more catastrophe risks.
GWP of Indonesian general insurers to hit $5.17b in 2025
The sector is expected to recover 2.9% in 2021.
Manulife HK's 2020 core earnings jump 10% to $812.6m
Q4 core earnings also jumped 10% to $232m.
Indian insurers, paytech partnerships bring wider distribution
Insurers that have done so will reach a bigger client base with less cost.
Asian insurance pricing jumps 11% in Q4 2020
Property pricing rose for the ninth straight quarter to 16%.
IAG records $365m net profit loss for H1 2021
Gross written premiums grew 3.8%.
India's budget proposals could help insurers woo foreign capital
A capital influx could allow the sector to develop distribution networks.
Australian insurance council to review coverage gaps
Concerns have been raised about affordability and availability.
Indonesia floats unit-linked certification service for general insurers
The Financial Services Authority is preparing regulations for unit-linked investment products.
Singapore life insurers' new premiums jump 3% to S$4.38b for Q4 2020
New policies bought online surged to 206,679, most of which were single premiums.
Taiwan insurers to shift towards new solvency, sustainability
The regulator has also pushed for changes in product mix.
Allianz gets full ownership of China life business
It will acquire the remaining 49% stake from Citic Trust.
Ping An Insurance records 4.9% FY2020 profit jump to $21.5b
New business value crashed 34.7%.
Hong Kong SMEs lack adequate insurance vs key concerns: report
Only 24% have protection against equipment damage despite it being a top risk.
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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.
