Insurance
Waterdrop introduces insurance for recurring breast cancer
Waterdrop introduces insurance for recurring breast cancer
The product offers up to $41.38k of insurance benefits.
Agencies, bancassurance takes largest slice for life insurance distribution in China
They account for 60.1% and 30% of the share in new business DWP in 2021.
India insurance regulator pushes easing of capital requirements
The regulator aims to let smaller players entry into the market.
Great Eastern’s profit attributable to shareholders dips 12% to $780.9m in 9M22
The decline was due to lower valiant of investment in the shareholder’s fund.
PasarPolis pilots new one-stop-shop insurance app Tap Insure
The app was created in partnership with PT Zurich Asuransi Indonesia, Tbk.
Cover Genius bags $70m in Series D funding round
The round was led by Dawn Capital.
OneDegree increases cover for home appliances
It can now cover up to 14 types of commonly used home appliances
Singaporeans can now access consolidated views of their insurance policies
Deputy Prime Minister Lawrence Wong announced this during the SFF 2022.
KoverNow: The Netflix of insurance?
Its subscription model gives another option for consumers that don’t want long contracts.
Gigacover partners with yufin to launch health cover for SMEs in the Philippines
This will enable yufin to offer insurance products to SMEs.
Australian regulator names new chair
A new Deputy Chair and two new APRA members were also announced.
India regulator forms health insurance consultative committee
Its purpose is to look into improving the health insurance segment.
AXA joins hands with Chung Shing Taxi, TaxiSafely to calculate taxi insurance
The three will bank on a technology called Internet of Vehicles to enhance road safety.
Transamerica Life Bermuda names Hong Kong-based COTO
The new chief brings with him 25 years of industry experience.
Taiwan suffers sixth-month loss in the non-life insurance industry
Non-life insurers suffered a 681.1% loss in September compared to a year before.
How GBA after-sales service centres will affect Hong Kong insurance
GlobalData’s Sravani Ampabathina believes that the centres will boost health and motor insurance sales.
Hong Kong IA collaborates with CIB to help brokers breach GBA market
This was announced during the CIB Annual Conference 2022.