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China OKs first JV firm in pension insurance sector
The country is gearing up to embrace more overseas-funded players to engage in its financial market.
China OKs first JV firm in pension insurance sector
The country is gearing up to embrace more overseas-funded players to engage in its financial market.
Insurance payments for migrant workers in Korea surged 75% to $349.61m in 2018
Korean law requires all foreign workers, especially those with E9 or H2 visa, to be insured.
Philippine life insurance premiums jumped 20.4% to $3.32b in 9M2018
Premiums from variable life insurance products hit $2.48b.
Indonesia life insurance premiums down 5% to $13.05b in 2018
Income from the bancassurance channel took a hit.
Hong Kong general insurers reverse from loss to $74.27m profit in 2018
Overall net premiums hit $4.49b.
Korea to tighten health insurance for expats
Foreigners with delayed insurance payments will face visa-related penalties by May.
87.7% in Vietnam covered for health insurance
Vietnam has paid $1.69b worth of insurance benefits in the first two months of 2019.
China to eclipse US as world's largest insurance market by 2030s
The CAGR hit 16% for the non-life segment and 17% in life from 2013-2017.
One in 10 Hong Kong SMEs do not have insurance protection: survey
Only a fifth of SMEs have insurance protection against business interruptions.
Vietnam to boost life insurance coverage to 15% by 2025
Only 8% of the population currently has a life insurance plan.
Insurers gear for Hong Kong's $1.27b national health insurance programme
The Voluntary Health Insurance System will offer $1,000 in tax benefits to lure residents.
Chinese insurers premium income up 24% in January
Premium income hit $126.61b at the start of the year.
New life business premiums in Malaysia inched up 1.8% to $2.52b in 2018
New premiums in the group business jumped 9.4% to $870m.
Singapore to raise insurance cover for overseas project funding to $50m
It aims to strengthen support for local businesses’ overseas expansion.
Singapore offers rewards of up to S$10,000 for insurance fraud tip-off
Individuals with knowledge of wrongdoing should submit documentary evidence.
Motor policyholders in India blame insurers for lapsed policies: survey
Around 36% specifically blamed their insurer whilst 23% pinned the blame on their agent.
Japan moves to limit national health insurance coverage
Only workers and their dependents in the country can avail to prevent abuse.
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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.
