News

AIA amongst bidders for Bank of East Asia's life insurance arm

The bank could raise about $500m to $600m from a potential transaction.

AIA amongst bidders for Bank of East Asia's life insurance arm

The bank could raise about $500m to $600m from a potential transaction.

HSBC, Etiqa amongst bidders for AXA Singapore

The transaction could raise about $700m in a sale.

FWD Hong Kong floats new flexi-plan product

It has a "pre disability per policy year" claims mechanism.

Pandemic puts brakes on Chinese general insurers

The sector is expected to just grow 3.8% this year.

Japan's top insurers unsafe amidst reliance on individual life

Over-reliance on one product will stunt sector growth.

Asian reinsurers to refocus existing protection amidst pandemic

They are re-emphasising on capital to build buffers against claims and losses.

Coinsurance to alter Korean insurers' capital efforts

It would be more benefitting for the life segment.

Chinese insurtech Waterdrop nabs $230m funding from Swiss Re, Tencent

Swiss Re reportedly invested $100m in the platform, a source said.

AIA's H1 operating profit grows but new business sinks

Limited face-to-face sales pushed VONB down.

Malaysia's life insurers suffer 12.6% fall in H1 total premiums

Investment-linked policies dropped 24.5%, triggering the fall.

China's economic rebound to test foreign insurers

The country is dominated by local insurers.

Pandemic drums up life insurance demand amongst Australia's wealthy

But it has also crippled away at HNWs trust on insurance providers.