Insurance
Virtual insurer Bowtie cuts down product prices by half
Virtual insurer Bowtie cuts down product prices by half
This is done by cutting out insurance agents from the onboarding process.
Chicago-based crypto insurer to launch in Hong Kong and Australia
It previously announced its capabilities to write policies in Canada and the UK.
AXA, HSBC launches domestic helper insurance in Hong Kong
It insures both domestic helpers and their employers.
New Zealand extreme weather claims hit $26.08m in July
Three extreme weather events triggered 6,266 claims for the month.
FWD reports $200m before tax operating profit in H1
Its value of new business increased by 25% for the first half of 2022.
Singlife with Aviva rolls out cover for electric vehicles
The insurer will also offer a 10% discount for EV users.
Banker to insurer: Great Eastern’s Jimmy Tong recalls his journey
The two roles overlap when it comes to protecting clients’ assets
Sun Life signs MoU with Community Chest
The insurer has pledged S$500k to help promote diabetes awareness and mental wellness.
Manulife appoints new chief customer officer for Hong Kong and Macau
The new chief has over 25 years of experience in the financial industry.
Swiss Re Group CIO steps down after 25 years
His retirement will be effective on 31 March 2023.
Insurance firm oligopoly holds 86% of Japan’s net premium income
Net premium income for all business lines in 2021 reached $62b.
Hong Kong extends temporary facilitive measures until 2023
The extension was supposed to end by 9 September 2022.
FWD delays IPO until 2023
The string of delays was caused by unstable market conditions.
Prudential launches SME medical and employee benefits app
The app lets employees and HR teams access to insurance services.
Life, pension segment boosts growth for Malaysia’s insurance industry
The industry is predicted to grow at a CAGR of 8.4% until 2026.
Manulife Singapore unveils IBF-certified training programme for financial professionals
It is the first insurance firm in Singapore to offer IBF-certified programmes across three levels.
Japanese insurers urged to narrow the scope of COVID-19 benefits
The advice comes from the Life Insurance Association of Japan.