Insurance
How has China's insurance industry fared amidst strict lockdowns?
Life players spirals whilst P&C insurers gain ground.
Samsung Life net profits plunges by 72.9%
The insurer saw losses grow by $170m compared to last year.
Citi appoints new Hong Kong insurance head
She was formerly the Chief Partnership Distribution Officer at Prudential.
India health insurance premiums jumps 25% amidst pandemic
The hike was attributed to the second wave of COVID-19 infections.
AXA Hong Kong launches green rebate program for business clients
This is activated if clients fully utilise their eClaim services.
Howden acquires Singapore-based AEGIS insurance business
This is part of Howden’s strategic expansion in Asia.
Qoala raises $65m in new funding round
The round was led by Eurazeo with participation from several existing investors.
Singapore life insurance new business premiums dips by 2% in Q1.
New business premiums totaled S$1.21b for the first quarter of the year.
Fishery experts recommends climate insurance for Indian fishermen
This could help mitigate risk following natural calamities.
Swiss Re launches second innovation hub in India
It is set to launch in Hyderabad in September
More Indians eager to buy insurance on the rise: survey
The survey aims to identify behavioural shifts in insurance buying trends.
CoverGo raises $15m in new funding round
The round was led by SemperVirens VC.
Affin Bank sells stake in AXA joint ventures
The Malaysian regulator recently gave the bank its approval for the sale.
Robots gets insurance cover in South Korea
It can cover almost every accident caused by service robots.
APAC PA&H insurance premiums to more than double in 2026
The segment is growing at an annual growth rate of 13%.
LIC closes IPO with nearly three-fold oversubscription
The IPO of a 3.5% stake is now India’s biggest.
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