Insurance
Families of Taiwan train crash victims entitled to $158,000 from insurers
Families of Taiwan train crash victims entitled to $158,000 from insurers
It includes a $88,000 basic coverage in carrier's liability from Cathay Century Insurance.
AXA Singapore floats two new ESG investment-linked funds
These are managed by asset managers Mirova and Robeco.
Insurers expanding doctor panels for IP plans: LIA Singapore
All panel fees are also within the health ministry's benchmark.
Malaysia's non-life insurers 'disciplined' despite pandemic: report
Adequate capital has supported industry profitability, analysts say.
AXA Hong Kong floats SmartHome Plus e-voucher
The e-vouchers can be purchased as corporate gifts.
LIA Singapore, AIA counter criticisms of Integrated Shield Plans
Expanding panels to all private specialists may lead to higher premiums.
Hong Kong commences group-wide supervision of ILS business
The new rules expand the scope of insurable risks for captives.
China Life Insurance 2020 net profit tumbles to $7.7b
Gross written premiums rose 8% to $93.6b.
Indian lawmakers approve higher FDI for insurers
It will expand insurance penetration and boost valuation of insurers.
South Korean insurers' net profit jump 13.9% in 2020
This was partly attributed to lower car accidents during the pandemic.
China's PICC sees 2020 net profit fall 10.4%
Its P&C segment's net profit also dropped 16.4%.
Bank of East Asia sells life insurance unit to AIA for $644m
BEA will distribute life savings products to retail clients in Hong Kong and the mainland.
Qoala acquires Thai insurtech FairDee
This move expands Qoala's reach in Southeast Asia.
Hanwha Life to keep near-term capital strength despite low rates
There is enough buffer to resist volatile assets and support growth.
ZhongAn Online P&C's 2020 net profit hits $85m
Gross written premiums grew 14.2% to $2.6b.
'Very few' digitalisation barriers for Singapore insurers: report
The central bank assumes a tech-agnostic regulatory approach.
MSIG Thailand launches usage-based car insurance plan
CEO Rattapol Gitisakchaiyakul reveals the driving force behind the idea.
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Industry experts push for the rapid progress of unified customer data as a starting point.
