Insurance

Australia's ICA posts review on commercial insurance

Australia's ICA posts review on commercial insurance

Affordability and availability issues were focused on public liability, amongst others.

India releases final rules on higher FDI for insurers

At least 50% of annual net profit must be maintained as general reserve.

Underwriting woes to plague Chinese non-life insurers into 2021

Both motor premium value and underwriting were hit by the motor insurance reform.

Why life insurance agents in Asia are optimistic for 2021

They are expecting to see growth in medical products and critical illness products, says Sun Life.

China Pacific Insurance pushes for diversity, stability in 30th anniversary

It will deepen efforts in health-related business development.

India's Acko seeking funds for unicorn status

The startup is looking to raise about $200m.

APAC M&A insurance scene on the uptick: report

Activity is expected to be strong in 2021 backed by a promising Q1.

Taiwan's Cathay Life posts $2.18b net profit in 4M 2021

Parent firm Cathay Financial recorded a $511m net profit in April.

India pushes product expansion in title insurance

A comprehensive cover for all promoters is recommended.

Aussie PM frets about sustainability of disability insurance scheme

The growth in payment per participant was due to inconsistent information, he said.

China Taiping Insurance maintains stability amidst pandemic: report

But ROE and ROA were lower in 2020 compared to 2019.

Singapore life insurers post 29% jump in Q1 2021 weighted new premiums

Single-premium products grew 85% QoQ in weighted premiums.

India's Choice Group floats insurance aggregator platform

ISMOS will offer life, health and general insurance plans.

Luxury import cars drive South Korean non-life premiums in 2020

Top general insurers had  $16.82b in premiums through credit cards in 2020.

Indian insurers at the cusp of transformation: retired IRDAI chairman

India's IT capabilities will accentuate the further growth of the sector.