Insurance
China allows AIA to convert Shanghai branch into subsidiary
China allows AIA to convert Shanghai branch into subsidiary
It is now the first foreign-owned life insurance subsidiary in the mainland.
FWD to invest in Indonesia's BRI Life
Existing BRI Life customers will not be affected by the investment.
Japan life insurance sector to shrink 1%
The segment is now poised to rise at a 0.9% CAGR from 2019 to 2023.
Hong Kong insurtech OneDegree upgrades pet insurance
Enrollment age limit for pets has been raised to 11 years old.
Premium downfalls still plague India's general insurers
Gross direct premiums fell 9.8% in May.
AIA Singapore's remote staff to receive $1,000
The insurer will also allow flexibility in working arrangements.
India's general insurance sector to decelerate 4% in 2020
Sector growth has been adjusted at a CAGR of 6.2%.
Manulife Hong Kong pilots virtual sales platform
Products will be available to customers starting 15 June.
NTUC Income Singapore pilots stackable insurance
SNACK allows micro-premiums and micro-policies that cover for 360 days.
Insurers must embrace digital to thrive post COVID-19
When cities and countries across the world finally come out of lockdown, the society that emerges will be fundamentally different. Post COVID-19...
AXA Asia rolls out workplace guide for mental health
It also released a resource on maintaining physical health during work.
Storms ahead for Japan's top life insurers as profits dip
Group insurance policies caused the fall, triggered by changes in mortality tables.
Great Eastern Singapore to open 200 trainee positions
The insurer will also continue its management programme for university graduates.
Japan's top P&C insurers still enjoy strong results amidst pandemic
Solid premium growth was backed by premium rate hikes in 2019.
AXA Singapore, Naluri roll out digital health coaching platform
It is focused on the client's mental well-being.
Thai life insurers to suffer further decay this year
Premiums are likely to drop 1.6%.
Sector risks weigh down on Australian mortgage insurers
Last year’s earnings dropped below the five-year average ROE of 10.7%.
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