Insurance
FWD acquires MetLife Hong Kong
FWD acquires MetLife Hong Kong
The company will rebrand and rename MetLife in the next few months.
Dai-ichi Life Holdings names Koichiro Watanabe as director
He holds the same position for Dai-ichi Life Insurance.
FWD acquires MetLife Hong Kong
FWD will still honour all existing policies.
India urges insurers to offer COVID-specific health policies
A lump sum benefit equal to 100% of the sum insured shall be payable.
South Korean insurers faced financial decay in Q1
Risk-based capital ratio declined 2.4pp to 267.2% in March.
Aon names Clarence Ting as Asia industry specialties claims head
He was the former P&C claims manager for Swiss Re Asia.
Lower claims cushion Australian P&C insurers from market volatility
Effective policymaking has also protected the segment from external shocks.
Great Eastern, Doctor Anywhere pilot protection plan for Singapore's gig economy
Premiums start for as low as S$0.73 a day.
Singtel pilots insurance savings plan on Dash mobile app
Dash EasyEarn offers 2% p.a. returns for the first policy year.
Great Eastern Singapore injects $70m into Axiata's digital finance service business
Great Eastern will take a 22% stake in Axiata-owned Boost Holdings.
Taiwan's general insurance sector to contract 1.7%
The sector is plagued by export and motor business downfalls.
Singlife shows traditional insurers how to thrive in the new normal
A product with a wide-reaching coverage and having a strong digital service is the way to go, says CEO Walter de Oude.
China's insurance regulator extends preferential treatment to Hong Kong
The China Risk Oriented Solvency System has been extended until 30 June 2021.
Circles.Life, AXA Singapore roll out S$8 personal accident insurance
It covers 30 days and can grant up to S$100,000 for accidental death.
AXA Singapore unveils new benefits for SmartPlan SME clients
These include one month of complimentary coverage upon renewal.
Philippines issues rules on insurtechs' adoption of regulatory sandbox
All entities must gain the approval from the regulator.
Japan's P&C insurers ‘not defensive' despite underwriting losses
Prices are still being tempered to secure profits.
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