Insurance
Chubb launches new occupational hazard insurance in Hong Kong
Chubb launches new occupational hazard insurance in Hong Kong
The insurer is also launching a new employee insurance benefit product for SMEs.
AIA Singapore introduces first Shariah-compliant ILP fund
Investment firm Franklin Templeton is a partner for this product.
Why this SG-based fintech firm is ending the pen-and-paper era of financial advisors
GoalsMapper used its cloud-based platform to help financial advisors support 80,000 clients.
Weekly Global News Wrap: Insurance premiums doubles for Ukraine war-exposed business; Health insurers owe 8.2 million people $1b
Dajiah mulls dump of luxury hotels to cash in on rising travel demand
Tokio Marine marine insurance cover sales surged by 31% in May
Total sales increased by 4.6% for the month.
Taiwan insurers mull injecting new funds as COVID-19 claims cut down profit
Two insurers plan to raise capital once their risk-based capital falls below 250%.
Igloo expands footprints in the Philippines
The insurtech firm facilitated 60 million protection plans in the country.
Chubb and JA Assure launches cyber insurance platform for SMEs
The platform is currently available in Hong Kong, Malaysia, and Singapore.
India extends ‘Use and File’ system
This allows insurers to market products whilst waiting for regulator approval.
Monument Re acquires Zurich Singapore’s life business
Employees will be retained by the insurer.
India general insurance industry doubles growth rate in 2022
From 5% in 2021, it is forecasted to grow by 10.2% by end 2022.
AXA offers free travel insurance for customers in Hong Kong
The insurance is free for customers in quarantine after returning home.
Great Eastern sets new target for net zero goal by 2025
The insurer recently released its 2021 sustainability report.
South Korea insurance industry profits fell by 21% in Q1
Net profits for all 53 major insurers totaled $2.45b.
FWD delays $1b IPO
A volatile market was the reason for the delay.
Taiwan insurance industry suffers double digit drops in April
Life insurance enterprise fell by 13.9% whilst decreased by 16.5%.
How did Hong Kong’s insurance industry fare in its first quarter?
The industry showed only flat growth across both long-term and general business.
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