News

Budget Direct Insurance eases GST burden, also adopts Singpass Mobile

E-vouchers with 9% GST savings will be offered when customers purchase a new car or motorcycle plan online.

Budget Direct Insurance eases GST burden, also adopts Singpass Mobile

E-vouchers with 9% GST savings will be offered when customers purchase a new car or motorcycle plan online.

Kita extends carbon insurance specialities in Singapore

It aims to offer carbon insurance products that aid carbon projects, carbon credit buyers, and intermediaries in the market.

NorthStandard expands S. Korea presence, boosts regional network

It also plans to recruit local experts familiar with the Korean shipping market.

Allianz Life sees number of new agents grow 51.9% in  2023

Its market share expanded to 12.1% during the same year.

MSIG Insurance launches personal accident plan with essential, recovery support

It offers payout and support in the event of accidental death or permanent disability.

Market cap of top insurers climbs in Q4, first three months in ‘choppy’ waters

Demand for life and cyber coverage, China's reopening, and the adoption of insurtech could drive the industry forward. 

38% of financial institutions attain full-stack observability

There is an urgent need for traditional FSI and insurance companies to digitally transform due to increased competition and consumer expectations for digital access to services.

Fidelity International boosts APAC team with new appointment

Pierre-Emmanuel Brard has experience handling Asian markets such as China, Hong Kong, Japan, Korea, Malaysia, Singapore, Taiwan, and Thailand.

HNB General Insurance partners with tech company for management solution

It hopes to improve efficiency and accuracy through the Azentio ONEInsurance platform.

Pets are insured in QBE’s new home insurance for Macau residents

The plan extends to home contents and the personal effects of domestic helpers.

Berking Re sits with a stable outlook, pressure from market volatility seen: AM Best

The insurer’s governance and regulatory oversight are expected to adequately protect its capital and assets.

January renewals show upbeat market, capital to rise

Last year was profitable for reinsurers with returns almost reaching 20%.

Canopius appoints new underwriter, adds to APAC team

Robert Barnum will lead the expansion of Canopius' operation in the region

Korea bound for greener pastures in 2024, 2.6% growth projection

Non-life market to beat life sector in premium volume.

HDI Global gets new SG branch managing director

Alex Tarantino will take the role of managing director for the SG office, whilst Andrew Cochrane will take over his current role.

Sun Life HK partners with university to bolster finance skills

It aims to boost the skills of professionals in wealth management, insurance, and financial planning.