Insurance
South Korea's Kakao clinches initial nod for digital non-life licence
South Korea's Kakao clinches initial nod for digital non-life licence
The company will be granted full approval within six months once prerequisites are met.
Hong Kong insurers' reskilling efforts focus on data: report
The training market is adjusting through rehashing their portfolios.
Indian non-lifers post strong growth in May despite pandemic
Premium growth was driven by the low base effect plus growth in the health segment.
Australia's insurance reskilling looks 'robust': report
Training programmes are being offered especially on entry-level skills.
670 Sun Life Asia advisors join MDRT Academy
The academy helps financial professionals accelerate their careers.
Indian general insurers expect single-digit premium growth in FY2022: report
It is expected to post a 3-4.5% marginaL ROE due to investment income.
Prudential Hong Kong to give away insurance plans to boost COVID vaccine
Hong Kong citizens who have received at least one vaccine dose can join.
Strong in-force business back 'resilient' Japanese life insurers
Pandemic-induced mortality losses will remain small.
Philippine congress passes mandatory environmental insurance coverage bill
It will require project owners and operators to compensate environmental damages.
HK insurers see gross premiums drop 4.6% in Q1 2021
Long-term insurance revenue premiums declined 5.2%.
New Zealand's EQC secures high reinsurance cover for homeowners
The 12.5% jump in cover shows good value amidst a challenging market, it said.
India's Star Health raises $164m in pre-IPO funding
Singapore's GIC led the funding, investing $182m (INR6b).
Mixed core profit reveals Japan top life insurers' disjointed investments
Only Dai-ichi Life posted higher core profit.
Chinese insurers pouring $36.6b into elderly care sector
Ten insurers have invested in 47 community care projects.
Regulators approve Taishin acquisition of Prudential Life Taiwan
Taishin will retain all Prudential employees and increase required capital.
Indonesia's IFG Life seeks more funds amidst Jiwasraya takeover
Extra funds will come from fundraising or new capital injections.
Strong domestic profits offset Japan P&C insurers' overseas FY2020 losses
Better results in auto and personal accident lines were the reasons.
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Industry experts push for the rapid progress of unified customer data as a starting point.
