Insurance

Singapore life insurers to assist policyholders as deferment period closes

Those currently under the scheme will remain until their applicable end date.

India mulls hiking LIC's authorised capital ahead of IPO

The life insurer's paid-up capital is currently at $1.4b.

Losses continue for Australian life insurers

Risk products posted a combined net loss of $379m in December 2020.

Australian insurers' capacity shrinks: report

Several classes have experienced premium hikes.

Singapore insurtech Symbo raises $9.4m in funding round

With the new investment, it will bolster its core tech platform and leadership.

Hongkongers more keen about retirement planning now: report

But there is still room for improvement in terms of actual performance.

LIA Singapore re-elects Khor Hock Seng as management committee president

The Life Insurance Association of Singapore (LIA) has re-elected Great Eastern’s Khor Hock Seng as president of its management committee, an...

India mulls capping banks' ownership stakes in insurers

It suggests that the central bank is looking for uniformity in ownership rules.

South Korea opens consultation on short-term insurance policies

Revisions include a $1.8m minimum capital requirement for insurers offering such plans.

Chinese insurers hinge on digitisation to boost competitiveness

But upfront investments may undermine near-term performance.

Pandemic mostly hit Malaysian insurers' top lines: report

In terms of bottom line, the sector sees strong underwriting results.

Delta Insurance Group names Kent Chaplin as COO

New Zealand-based Delta Insurance Group has appointed Kent Chaplin as chief operating officer to support its global growth plans.

AXA Asia FY2020 gross revenue jumps 11% to $13.3b

Underlying earnings in the region inched up 4%.