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Taishin Financial to acquire Prudential Taiwan for $187m
The country's financial regulator has yet to approve the deal.
Taishin Financial to acquire Prudential Taiwan for $187m
The country's financial regulator has yet to approve the deal.
Indian motor insurance segment to shrink 27.2% in 2020
Lockdown measures have snowballed into a decline in premium collections.
Singapore's life industry sales sink 13% in H1
Movement restrictions led to a 25% drop in annual premium business.
AXA mulls sale of Singapore unit
The insurer is trying to shift focus on P&C insurance.
Australia's travel insurers to contract 7.7% in 2020
The return of movement restrictions will haunt the sector.
AXA's net income down 39% to $1.65b in H1
Underlying earnings contracted 48% YoY over the same period.
Insurance Asia Awards presents the winners in its first ever digital awards presentation
A total of 75 insurers were awarded in this year’s programme.
India health claims surge 240% to $152.7m
Average claim per person reached $2,125.
Australian wealth firm AMP hit with class action over insurance advice
The Federal Court has ordered AMP in February to pay for incorrect advice.
Sun Life sees Asia comprising 25% of income in 5-6 years
It has already boosted its digital capabilities in the region.
India's short-term COVID-related insurance plans to push policy uptake
More people are likely to buy plans as COVID-related costs became more known.
Australian insurers fret over pandemic's effects on employees: study
47% have reported a rise in mental health issues.
Hong Kong to create hub for insurance-linked securities
A bill to transfer risk to capital markets was introduced in March.
Hong Kong's yuppies, low-income groups still underinsured: report
The city has one of the highest levels of insurance awareness.
Lower rates push Asian life insurers to alter investment mix
Insurers are shifting their asset allocations to US credit investments.
Three-fourths of APAC households unprotected if breadwinner dies: study
The region's mortality gap hit $8t in 2019.
Hong Kong insurance premiums to grow 1.46% in 2020
This is barely a quarter of the 6.3% rise in 2019.
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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.
