Insurance

Hong Kong insurance regulator bans former agent for two years 

The agent was banned for using a false academic certificate under the self-regulatory regime.

Ping An launches new home-based elderly care insurance

The product provides wealth protection and elderly care services.

Manulife launches program to teach kids financial literacy

The insurer partnered with St. James' Settlement for this initiative.

Hong Kong court orders wind up of Target Insurance

The insurer was deemed insolvent by the insurance regulator.

Astra International mulls sale if insurance business

The deal could value the business at $500m.

Aon names new Indonesia CEO

He was previously the CEO of Pacific MMI Insurance.

Japanese insurers to face stagnant growth in the next five years

Sluggish sales of term life and savings products are slowing down the industry.

Prudential Financial appoints CEO for Japan operations

The current CEO will retire by the end of the year.

Pandemic insurance claims to drag Cathay Century’s operating results: AM Best

However, the ratings firm said this is a one-off event for the insurer.

AIA in talks to buy Philippines MediCard

The deal could raise the value of the healthcare provider to $350m.

Insurtech KoverNow launches protection for luxury watches

The insurance can be turned on and off on an as-needed basis.

Fosun Group cuts down insurance investments in New China Life

The group scaled down its Hong Kong-traded shares in the insurer.

Digit Insurance IPO put on hold by regulator

The IPO would have seen $160m raised for the insurer.

India’s general insurance industry growth rate sluggish in August

Private insurers outpacing public peers continues to be a growing trend.

FWD launches new critical illness cover for Singaporeans

It protects policyholders from early stages of cancer, heart attack and stroke.