Insurance

Australia private health insurance net profit plummets by 28% in June

Net profits were mainly dragged down by a fall in investment income.

Manulife Hong Kong reports 20th consecutive year of core earnings growth

Core earnings in the first half of 2022 increased by 1%

Ping An net income climbs 3.9% in H1 2022

The group reported a 20.4% ROE for the first half of 2022

Consumers are cutting back on insurance spending and here’s why

With the cost of living on the upswing, will insurance be cut out of the household budget?

FTLife targets young consumers with new critical illness cover

The product is also perfect for first-time insurance buyers.

Allianz Life Malaysia adds two new cover for Allianz Care@Home

These are in addition to the coverage for dengue and COVID-19.

WTW appoints new Hong Kong and Macau leader

His experience includes working in Hong Kong and mainland China for 10 years.

Korea P&I Club underwriting profits to remain vulnerable: AM Best

This is despite mitigative actions done by the insurer.

Tokio Marine announces participation in ADB’s credit insurance program

The program aims to solve social issues in emerging countries in APAC.

Hong Kong Insurance Authority warns public of bogus calls

The callers are pretending to be staff from the IA to gain private information.

South Korean non-life insurers to suffer heavy loss August floods: Fitch

However, reinsurance safeguards will shield most insurers from major losses, AM Best said

Tokio Marine launches new cancer protection with multiple payouts

It boasts one of the highest potential payouts at 475%.

Digit Insurance files for IPO

The insurer plans to raise more than $160m