Insurance
AIA sells Australian savings and investment business
AIA sells Australian savings and investment business
AIA said that the business is no longer core to its business strategy.
Allianz Malaysia ends 2021 with a 7.2% growth in premiums
Its general insurance business also grew by 3.2%.
Hong Kong insurance regulator warns public against phishing scams
There have been reported cases of fraudsters using the name of Sun Life Hong Kong.
Why are insurers barely earning the cost of capital?
These issues have plagued the industry for a decade.
V2Y acquires general insurance business for $14.87m
The acquisition will also boost the firm’s insurtech business.
LIC prospective investors wary of govt’ meddling in the insurer
The insurer was frequently tapped to save struggling financial firms.
MSIG Insurance names new financial lines head for SG and HK
The new head is also recognised as a pioneer in cyber insurance.
AIA to urge 1 billion people to live healthier and longer lives by 2030
This ambitious project aims to help create a more sustainable future for Asia.
ICA urges Australian governments to double Federal funding to AU$200m a year
The council said this will help make the country more resilient against extreme weather.
Allianz Asia Pacific declares $9.5b in total revenue for 2021
Growth in key markets such as Indonesia, Malaysia and Taiwan boosted the firms revenue.
Manulife survey reveals high insurance penetration in Malaysia
4 in 5 Malaysians own insurance.
New Zealand underwriter Delta Insurance opens doors in Australia
Former Chubb exec, Stephen Carey, spearheaded the branch’s opening.
Hong Kong IA welcomes regularisation of preferential treatment from China
This deal between the two countries started in 2018.
Allianz General offers solar PV insurance to Malaysians
It provides income or savings compensation during system breakdown.
LIC embedded value soars to $72b in just six months
The jump in value was attributed to splitting of policyholders funds.
Insurtech unicorn bolttech acquires AVA Insurance
bolttech General Manager Yen Yen Koh to oversee AVA’s operations.
China releases new ‘blacklist’ for life insurance products
Nine clauses were added to the 73 that were on the list in 2021.
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