Insurance

What’s in store for Asia’s insurance industry in 2022?

Aon’s latest Asia Market Review reveals key areas of opportunities in 2022.

Manulife Hong Kong readies for flood of demand from Chinese visitors

Strong group performance boosted by border opening between Macau and China.

Prudential launches new critical illness cover 

The plan provides HK$100 protection for every HK$1 premiums

India state-run LIC files $8b IPO papers

India’s biggest life insurer plans to sell 5% of its shares.

Singapore life insurance industry records 23% growth in 2021

New business premiums reached $3.99b from January to December last year.

Prudential announces hunt for next Asia-based group CEO

Current group leader Mike Wells will be stepping down by the end of March.

Manulife Singapore launches inheritable lifestyle insurance

The product allows you to give loved ones the entirety of the policy.

Manulife reports whopping C$7.1b net income in 2021

Surge in profits mainly driven by global wealth and asset management growth

Australia general insurance industry to balloon to  $73.6b by 2026

Increased vehicle sales and demand for nat-cat policies helped boost the industry.

Chubb SG and StarHub launches insurance coverage against cyber-bullying

The product will also protect customers from other online threats.

Chubb offers free cancellation and refund on travel policies in Singapore

This is for all Chubb-underwritten individual Single-Trip travel policies.

Australia life insurance industry turns profitable in 2021

Return on net assets increased by 3% for 2021, up from -6% in 2020.

Allianz General sees 22% surge in special perils cover in car insurance

Recent floodings have raised questions about insurance protection in Malaysia.