Insurance
Singapore life insurers' new premiums jump 3% to S$4.38b for Q4 2020
Singapore life insurers' new premiums jump 3% to S$4.38b for Q4 2020
New policies bought online surged to 206,679, most of which were single premiums.
Taiwan insurers to shift towards new solvency, sustainability
The regulator has also pushed for changes in product mix.
Allianz gets full ownership of China life business
It will acquire the remaining 49% stake from Citic Trust.
Ping An Insurance records 4.9% FY2020 profit jump to $21.5b
New business value crashed 34.7%.
Hong Kong SMEs lack adequate insurance vs key concerns: report
Only 24% have protection against equipment damage despite it being a top risk.
AIA amongst bidders for Bank of East Asia's life insurance arm
The bank could raise about $500m to $600m from a potential transaction.
Tokio Marine acquires World Wide Specialty Programs' US staffing insurance unit
It will be wholly owned by Tokio Marine & Nichido Fire.
HSBC, Etiqa amongst bidders for AXA Singapore
The transaction could raise about $700m in a sale.
Hong Kong's YF Life names Zhang Ke as CEO
He is a partner at Yunfeng Capital.
Inside blüüm's quest to bring health solutions to every lifestyle
With its insurtech partner CareVoice, it promises a user-centric and fully digital experience.
Allianz General Malaysia rolls out claims caravan for flood-hit clients
The caravan is available in Johor and the East Coast.
AIA Hong Kong, HKT, Gleneagles Hospital float telemedicine service
AIA Hong Kong clients will enjoy the service next year.
Indian life insurers record fourth straight growth in October
First-year premiums jumped 31.9% to $3.07b.
Singapore's life segment posts 2% drop in Q3 weighted new premiums
Total weighted premiums hit S$1.33b.
FWD Hong Kong floats new flexi-plan product
It has a "pre disability per policy year" claims mechanism.
Pandemic puts brakes on Chinese general insurers
The sector is expected to just grow 3.8% this year.
Igloo, Foodpanda Thailand float insurance programme for riders
Three insurers will provide different coverage.