News
Singlife joins Sumitomo Life as a fully-owned subsidiary
The transaction valued Singlife at $4.6b.
Great Eastern Holdings and Great Eastern Life issues $2b euro medium-term notes
The notes may have fixed or floating rates or none at all.
S’pore’s general insurance sector climbs 10.1% YoY in 2023
The healthcare sector suffered an underwriting loss due to rising costs.
Asuransi Astra's profitability stays strong, backed by parent group's business: AM Best
Its investment portfolio is moderately risky, mainly comprising domestically rated bond funds.
Philippines doubles third-party liability insurance coverage
The insurer will also cover other incidental expenses not included in bodily injury or death indemnities.
bolttech offers device protection in Japan
It has partnered with refurbished device marketplace, Back Market.
9 out of 10 Malaysians are open to sharing data for personalised coverage: Survey
Malaysians consider three things when buying insurance: affordability, meeting customer needs, and value for money.
Rain insurance offer marks a first for Singapore hotel
The coverage is exclusive to bookings starting from SG$850 per night.
Japan's P&C sector surges with focus on profitability and international expansion
Positive trends drive Japanese insurers towards growth, bolstered by rate revisions and strategic initiatives, a Jefferies report said.
Gallagher Re reels new head of cyber for APAC
Sie Liang Lau holds more than two decades of experience in the industry.
AIA achieves five-pillar ESG strategy in 2023
The company was able to invest in ESG bonds, worth $6.3b.
Singapore's LIA unveils consumer guide to medical underwriting
The association’s management committee continues second term.
Allianz Life, HSBC Malaysia unveil two new investment-linked funds
Its fund manager is BlackRock.
FWD Group sees 22% YoY surge in new business value for 2023
Operating profit surged 27% YoY to $372m.
Swiss Re board proposes 6% dividend increase
Backed by a sturdy capital position, Swiss Re's board advocates for a 6% dividend raise, amounting to $6.80 per share.
HKIA suspends insurer for deceptive practice
Lam intended to improve his sales performance by applying for insurance in his client’s name.
AIA records double-digit profit growth in 2023
Mainland China, Hong Kong, ASEAN (except Vietnam and India) also registered double-digit growth.
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Indonesia enters era of digital insurance distribution
![Indonesia enters era of digital insurance distribution]()
Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
