Insurance
Australia's travel insurers to contract 7.7% in 2020
Australia's travel insurers to contract 7.7% in 2020
The return of movement restrictions will haunt the sector.
Hong Kong insurtech StartupCare floats protection for Lalamove drivers
Drivers can avail of a $6,500 lump sum cash benefit.
AXA's net income down 39% to $1.65b in H1
Underlying earnings contracted 48% YoY over the same period.
Avo Insurance pilots protection plan for mainland China travellers
It will offer COVID-19 real-time PCR tests and extra benefits.
Etiqa Singapore extends COVID-19 benefit to healthcare workers
Workers will be eligible for up to $38,000 in case of a positive diagnosis.
AIA agrees to APAC venture with healthtech Holmusk
Digital health coaching tools will be first offered to Malaysian clients.
Sun Life launches Singapore office
It plans to cater to high and ultra high net worth clients.
Tokio Marine's Q1 net income slips 12% to $940m
Net premiums written rose 8.3% YoY to $8.6b.
Taiwan's life insurers shift products ahead of new solvency
The segment will likely prioritise foreign currency over the local dollar.
Chubb floats work from home insurance in Hong Kong
It covers mental health counselling for employees.
FWD Singapore warned over data breach
Personal data was leaked through payment advice letters.
India health claims surge 240% to $152.7m
Average claim per person reached $2,125.
Australian wealth firm AMP hit with class action over insurance advice
The Federal Court has ordered AMP in February to pay for incorrect advice.
Sun Life sees Asia comprising 25% of income in 5-6 years
It has already boosted its digital capabilities in the region.
Sedgwick names Takeshi Nagao as Japan managing director
He joins from HDI Global.
India's short-term COVID-related insurance plans to push policy uptake
More people are likely to buy plans as COVID-related costs became more known.
Australian insurers fret over pandemic's effects on employees: study
47% have reported a rise in mental health issues.
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