Insurance

Australia’s private health insurance rebounds to 44.7%

The country’s private health has been on a steep decline since 2015.

Microinsurance: More than meets the eye for insurers

The impact of COVID-19 has exemplified the need to insure against individual and business risks of various kinds. At the same time, changing consumer...

HKIA grants CPIC Life (HK) long term insurance business authorization

The firm focuses on products like health protection and wealth management.

AIA pledges net zero GHG emissions by 2050

The firm’s emissions will be overseen by a climate committee.

WTW acquires Sydney-based aviation insurance broker Aerosure

Aerosure services the insurance and risk needs of the aviation industry Australia and Asia Pacific.

South Korea’s Kyobo Life requests punishment for Deloitte Anjin accountants: report

They are accused of colluding to inflate the price of six million shares.

BEA mulls selling general insurer Blue Cross—report

The Hong Kong lender is said to be seeking to raise cash by disposing of non-core assets.

Swiss Re China president John Chen retires

Deputy Head of Swiss Re China Brian Han will take over operations.

Gig worker insurer Gigacover debuts in the Philippines 

The Singapore-based insurer plans to launch financial services products in Q1 2022.

Chubb names Singapore division head of international line 

The new Singapore head has been with Chubb since 2014.

AIA appoints former Sun Life president as new regional CEO

The insurance veteran will also lead AIA’s Group Strategy and Corporate Development.

Hong Kong premiums dips 1.1% in first nine months

Policies bought by Mainland visitors also decreased due to travel restrictions.

Richmond Reinsurance Brokers enters Taiwan market

The Singapore-based reinsurance broker has set up a new subsidiary in the country.

Mitsui & Co. acquires majority stake in Singapore broker PHA

Mitsui plans to rebrand the Singaporean broker.

South Korea insurance net income skyrockets to KRW7.63t in 2021

Insurance income soared 37.3% for the first nine months of the year.

Millennials are Singapore's new ‘sandwich generation’: survey

The youngest millennials are now part of the workforce.