News

India’s life insurance premiums fall in January

In the nine months to January, 21.3 million were pencilled in.

Optimism remains despite high rates and M&A uncertainties: Clyde & Co.

Challenges persist from 2023, even on Hong Kong’s new capital regime.

Blue Cross APAC strengthens capital buffer, backed by AIA

Blue Cross plays a crucial role in supporting AIA's growth strategy through various market segments in Hong Kong. 

S&P expects Tokio Marine Insurance Singapore to sustain market presence

It is also projected to maintain its significance within Tokio Marine Group.

Prudential expands medical network with UFH in Greater Bay Area

Prudential will directly settle pre-approved medical expenses with UFH upon completion of treatment.

Pension assets reach $55.7t on market surge

WTW said systemic risks persist despite a rebound.

Great Eastern's Q4 sales surge ‘read across’ to AIA, Prudential

Jefferies Equity Research said bancassurance played a significant role in driving this growth.

EV rise in Australia drives risk considerations and insurance hurdles

About 130,000 electric vehicles are driving around Australian soil.

Energas Insurance shows strong performance with 5-year combined ratio

The company's investment portfolio is considered conservative by AM Best.

Phl’s state social insurer expands mobile app to pensioners in S’pore and US

Nearly eight in 10 GSIS pensioners are based in Singapore and the US.

Vietnam health ministry proposes overhaul of insurance law

Amendments and provisions to Vietnam’s Law on Health Insurance are said to take effect on 1 January 2025.

Allianz General surpasses RM3b GWP target, group revenue surges

Both its life and general businesses saw robust earnings growth.

China Life Insurance to see 45% YoY profit slump – Nomura

China Life is the only insurer Nomura covers that has adopted the transition plan for the new accounting standards (IFRS) for insurance contracts.

FWD Group extends partnership with Microsoft to boost AI capabilities

The insurer will be using Microsoft's Azure OpenAI Service.

Global Atlantic secures $10b deal with Manulife US, Japan

This is the third partnership both entities have done.

HKIA’s annual report shows push for global centre status

The report outlined the authority’s initiatives in the past year, including passing the Insurance (Amendment) Bill 2023.