Insurance
AIA Vietnam, e-commerce platform Tiki announce partnership
AIA Vietnam, e-commerce platform Tiki announce partnership
Tiki customers will have access to life and health plans through the platform.
Malaysian central bank pushes upgrades to insurer, takaful capital framework
These upgrades ensure that the framework remains effective amidst shifting market conditions.
Australian property reinsurance saw neat mid-year renewals: report
The property segment experienced pressures on pricing, particularly on loss-affected layers.
South Korea to decide on Samsung daughters' life insurance shareholder eligibility
The regulator is expected to rule in their favour, sources revealed.
Only 15% of Singaporeans have adequate critical illness coverage
The Life Insurance Association recommends critical illness coverage 3.9 times the annual income.
India's Digit Insurance secures $200m in latest funding round
The investment will result in a 5% dilution of the firm's equity.
Insurtech bolttech completes $180m series A funding, hits unicorn status
The investment will accelerate continued growth and its plans to consolidate its position in the United States.
India's life sector projected to hit $98.5b in GWP by 2024
Catalysts include favourable demographic factors and economic recovery expected over H2 2021.
China's ZYIC's underwriting profit still thin despite gains from crop insurance
ZYIC has reported net profits consistently over the past five years.
Australia's resources sector at risk of not securing insurance, funding
This is due to banks and insurers trying to appease activist shareholders, QRC said.
AIA's China Post Life investment, Hubei licence add to medium-term China growth
It should complement AIA's operations and expansion strategy in China.
Taiwan's Shin Kong Life to divest stake in Dingcheng Life
Taiwan’s Shin Kong Life is planning to divest its remaining 25% stake in Beijing-based Dingcheng Life, gaining $66.2m (CNY428m) in the process...
Indian life insurers' new business premiums inch 7% in FY2020-21
Private insurers grew 8% in individual business, whilst group business saw a 20% growth.
What to expect from India's health insurers amidst COVID-19 resurgence
The sector is already expected to hike its premium rates in response to claims experience.
Headwinds persist for Japan's life insurers as low rates stifle investment income
However, most domestic life insurers maintain robust risk-adjusted capitalisation.
LiquidX's Singapore entity obtains MAS insurance brokerage licence
LISS will help banks, asset managers, and corporates access trade credit insurance coverage.
Aussie insurers urged to act quick for continuity, stability
The sector also has three key areas of main focus and concern.
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Industry experts push for the rapid progress of unified customer data as a starting point.
