Insurance
India sets open house for insurtechs, fintechs to collaborate
India sets open house for insurtechs, fintechs to collaborate
This will be held every 15th day of the month.
Generali GC&C boosts Asia team
The insurer has appointed two new heads.
S.K.’s FSC raises KRW73.8t in policy funds for venture capital in FIs
This exceeded the initial supply plan of 66.7% by August and achieved 80.4% of the annual target.
The Philippines’ life insurance sector climbs 9.6% YoY in Q2
This was driven by the surge recorded in premium collections from traditional life insurance products.
GIAJ’s Chairman shares major initiatives to address shortcomings in the industry
It emphasises preventative measures against fraudulent insurance claims and prove-fixing practices.
Philippines’ Nat Re’s underwriting performance seen to improve: AM Best
Nat Re's enterprise risk management approach is appropriate for its current size and complexity.
Korean Re’s 1H23 earnings surge to KRW269b
Korean Re started reporting quarterly results based on IFRS 17 and IFRS 9.
New business value in China’s insurance sector show strong growth in 1H23: UOB
It expects NBV growth in domestic and regional life insurance to diverge in the second half of 2023.
Canopius bolsters APAC team with two Australian members
The insurer aims to prioritise offerings in the Australian market.
Blue Cross APAC earnings remain ‘marginal’ thanks to integration
The company continues to benefit from both explicit and implicit support from AIA.
Hotai Insurance to maintain strong capital stance until year-end
The prediction is due to the company’s improved balance sheet, attributable to its mitigation plan.
Top industry leader to speak at Insurance Asia Forum in Manila
Etiqa Philippines President and CEO Rico Bautista will discuss industry challenges and insurtech initiatives to aid in decision-making processes.
Korea’s foreigners face tighter insurance requirements: Report
Non-nationals will qualify for health insurance if their stay is at least six months.
MAS unveils list of too-big-to-fail insurers, imposes higher capital requirements
The four initial insurers are to face a 25% capital add-on, boosting higher and lower supervisory intervention levels, CET1 and Tier 1.
Allianz Commercial to gain new head of construction next year
Before Darren Smart takes his role in 2024, Gordon Browne will continue to oversee his segment.
FSC to revise measures for pet insurance in SK: Report
Lack of veterinary treatment and limited public awareness of pet insurance has been a factor in the small market penetration.
Miller assembles APAC treaty team
This comes in line with its goal of expanding its reach in the region.