Insurance

Insurtech Cover Genius bags $72m in Series C round

Sompo Holdings Asia led the round with an investment of $50m.

Pankaj Banerjee joins Manulife as Chief Distribution Officer for Asia

He will also be a member of the company's Global Leadership Team.

Munich Re appoints new senior regional exec 

Michaela Hannemann will be based in Singapore.

FWD files for US IPO

The pan-Asian life insurer is owned by Hong Kong billionaire, Richard Li.

Weaker economic recovery to mute Indonesia’s non-life insurance demand

AM Best predicts a negative outlook for the country’s non-life segment.

Japan direct written premiums to blow up to $323.6b by 2025

The country’s life insurance industry is growing at a CAGR of 1.4%.

Philippines’ GCash launches online shopping insurance

The e-wallet provider has teamed up with, insurtech, Igloo for this new product.

Sompo Holdings to acquire Italian crop insurance firm

The transaction will be finalised next year.

India to block Chinese investors from LIC’s $109b IPO: report

The IPO is considered to be the biggest one yet for India.

India’s non-life insurance increases 24.4% in August

This is more than double of last year’s growth of 10.1% in the same month.

Australia’s Business Advisory Council to improve affordability of insurance

The council was formed by the Insurance Council of Australia.

AIA Singapore hosts virtual activities on World Mental Health Day

Live 10.10 with Vitality is composed of 10 virtual activities promoting self-care.

Ping An denies exposure in embattled China Evergrande

The insurer's shares plummeted over concerns of exposure.

Manulife, DBS launch flexible retirement product in Singapore

RetireSavvy allows Singaporeans to adjust their retirement plans.

Insurers surpass banks in customer experience index in Singapore

This is the first time that the insurance industry has taken the lead against banks.