Insurance
China Life Indonesia arm signs sales partnership with ZA Tech
China Life Indonesia arm signs sales partnership with ZA Tech
This paves the way for the launch of the insurers endowment cover.
LIC net profits surges by 39.4% in full-year 2021
This is despite a fall of 18% in profits in the fourth quarter.
China regulator green lit AIA China's new branch
The insurer will establish a new branch in Henan.
Hong Kong insurance regulator faces staff shortage: report
The regulator said it is understaffed by around 10%.
nib postpones increasing health insurance premiums for Australians
The insurer will postpone the increase until 1 November.
Pru Life UK launches 4-in-1 critical illness cover in the Philippines
Four family members can share one critical illness policy.
Indonesia insures more than 2,000 gov’t buildings
This is part of the government’s pilot program on disaster risk reduction.
Life insurance industry remains muted amids pandemic challenges in China
Most life insurers reported negative growths in April.
India jacks up third-party motor insurance premiums
The increase takes effect on 1 June.
Beijing offers elderly COVID-19 vaccine insurance to ease hesitancy
Payout for elderlies experiencing adverse effects could go as high as $74k.
Prudential hires ex-Citi banker as new group chief
The new chief will be based in Hong Kong.
Australia life insurance industry suffers 88.6% loss in investment revenues
The loss was offset by the 25% decrease in operating expenses.
How insurance companies in Asia can create meaningful customer experiences
Customer experience is a crucial area where growing insurance companies have an opportunity to stand.
Howden gets regulator nod to acquire 100% of India business
India’s government allows 100% foreign ownership of insurance intermediaries.
India’s Digit Insurance eyes $500m IPO
It plans to file the necessary papers by September.
Australia general insurance industry Q1 profits soars to $920m
This reflects the impact of premium increases across business classes.
bolttech announces partnership with Vietnam’s largest telecom operator
The firm plans to create an insurance ecosystem to offer a range of insurance products.
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