Insurance

Euler Hermes, NORD/LB close APAC's first Green2Green credit policy

The Green2Green Single Risk solution provides insurance to green transactions.

GIC Re posts $268.3m net profit for FY2021

Gross premiums during that period fell 7.1%.

AIA to buy 25% of China Post Life

China Post Life is a subsidiary of China's postal service operator.

How the Asian energy insurance sector is making moves despite shifting demands

NOCs will still explore oil & gas options, but some investments will be directed at renewable projects.

Bharti AXA Life's total premium income inch up 4.3% in FY2021

Renewal premiums jumped 10% in 2020 to 2021, but COVID-19 hit new business premium income.

Japan's general insurers to further focus on climate change for FY2021

It has also commenced its Ninth Mid-Term Business Plan.

Motor policy complaints in Malaysia drop over past five years

Complaints fell to 1,025 in 2020 from 2,159 in 2016.

China's Sinosure opens office in Dubai IFC

Sinosure aims to further support China’s national Belt and Road initiative.

Policybazaar aims to launch 100 retail stores across India

Through the stores, clients can lodge queries or service requests.

Japanese insurers grapple with estimating climate change cost

Regulators are still learning their way in setting rules on disclosure.

Zurich Hong Kong life subsidiary granted licence

Zurich life will launch two plans and two digital platforms.

Great Eastern floats free post-vaccine protection for Singapore residents

It extends a cash payout of S$200 per day of hospitalisation up to a total of S$2,000.

Thai general insurance GWPs to hit $10.6b in 2025: report

Growth is expected to recover from 2022 onwards and will witness an upward trend.

Carro floats AI-driven motor insurance plan

Covered is a pay-per-kilometre insurance and maintenance plan.

FWD Hong Kong extends instant claims to cover hospitalisations

Clients can submit their claims through FWD Moments app for an instant review.

Major South Korean insurers to stop underwriting new coal projects

The confirmation follows pressure from a network of civic groups.