News

Indian banks urged to have cyber insurance

Smaller banks have insufficient coverage which does not cover cyber heists.

Indian banks urged to have cyber insurance

Smaller banks have insufficient coverage which does not cover cyber heists.

Singapore's MediShield Life payouts hit $800m in 2017

About 200,000 Singaporeans benefited from the payouts.

Regulatory tightening fails to cripple South Korean non-life insurers surplus growth

Strong exposure to long-term saving and protection is expected to boost VNB.

India's national health insurance scheme embraces trusts

Out of the 26 states, an overwhelming 20 are opting for trusts.

Singapore's life insurance business premiums up 20% to $2.02b in H1

There was an uptake in both single and annual premium products.

Indian insurers to shoulder interest payments of delayed rural claims

Companies failing to clear crop loss claims within 2 months have to pay with 12% interest.

Thai life assurance business premiums up 5% to $9.38b in H1

Bancassurance and insurance agents drove growth.

China to launch national medical insurance by 2019

Urban and rural residents will enjoy equal benefits.

Hong Kong insurance sector taps on rattled Chinese market

New business premiums from Mainland clients hit $11.8b in Q1.

Here are the winners of the Insurance Asia Awards 2018

Over 250 trophies were awarded to winning banks and insurers.

Asia at risk with cyber insurance scarcity

The region's cyber insurance take-up rate is negligible at only less than 6%.

Here are the 5 key technologies in Asian insurers' digitalisation push

They lead in investment, in-memory analytics, and cloudbased analytics solutions.

Japanese P&Cs face fierce price war risk

E-commerce giant Rakuten and other players may "threaten" the country's insurance market.

Asia still lags in insurtech amidst 169% growth in deal values

Deals in Asia-Pacific account for only 7% of the the global share.

Life annuity scheme launched for Hong Kong's senior citizens

Men will receive a monthly payout of $5,800 whilst women get $5,300.

Japanese insurers embrace third-sector medical policies to weather ultra low rates

They rose 9% whilst individual annuity policies plunged 56% in fiscal 2017.