Insurance
China tightens rules for online insurance sales
China tightens rules for online insurance sales
Insurance firms were ordered to comply or stop selling insurance online by January.
UK-based reinsurance broker acquires VIB
VIB will also rebrand into BMS Korea under the BMS Asia Team.
Bowtie bags $22.6m in Series B1 funding round
The virtual insurer plans to use the fresh funds for its Asia expansion.
Surer creates digital ecosystem for the siloed insurance industry
The startup wants a B2B2C environment with multiple parties bringing in different expertise.
QBE boosts home insurance with Kangaroo smart home security tech
This will allow homeowners to detect and prevent damage from water and humidity.
Hong Kong’s Avo secures HK$260m in fresh funding
The insurer plans to use the fresh capital for product development.
Lack of ‘political will’ won’t delay LIC IPO: Nirmala Sitharaman
India’s finance minister said they plan to finish the IPO by March.
Thailand insurance premium growth sluggish in 2021
This is due to a weakened economy with higher household debt.
How an insurtech firm plans to corner SEA’s digital insurance market
It offered the region a unique tech solution that analyses the driver's behaviour to determine motor insurance premiums.
The ABC’s of embedded insurance
A SOMPO executive discusses how this market is taking a slice of the insurance industry's $6.4t pie.
PayMaya Philippines launches microinsurance service PayMaya Protect
The digital payments platform has teamed up with bolttech for this latest project.
South Asia digital personal P&C premiums to hit $7.5b in five years
Digital personal P&C insurance penetration rate in the region is at 1%-2%.
Are Japanese insurers ready to put a price on climate change?
AM Best associate director Jason Shum said they still have a long way to go.
Will India’s motor insurance decline remain in the rearview mirror?
The recent increase in new auto sales helps get the industry back to the growth path.
Insurtech Surer clinches $1m seed funding
The startup was launched in September last year.
Under the hood of Singapore’s first AI-powered pay-per-km car insurance
The Carro IQ device uses data analytics to easily calculate the vehicle’s lifespan.
Sompo Singapore to use drones in future property risk assessments
The insurer recently obtained the necessary license from CAAS.
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