Insurance
Indian non-life insurance premiums dwindle 10.6% in April
Indian non-life insurance premiums dwindle 10.6% in April
Monthly premiums declined 11.3%, with the motor segment plunging 49%.
Singapore's new life insurance business premiums up 10% in Q1
More consumers take action to secure their financial future in view of COVID-19.
Indian life insurance sector to shrink 0.9% this year
The sector has reported a 32.6% decline in new business premiums in April.
Insurance in the time of coronavirus
Insurers from Hong Kong, Malaysia and Singapore reveal how they are coping.
Singapore allows finance firms, insurers to reopen select locations starting 2 June
But most staff will continue to work from home.
Singapore's Great Eastern, health firm Doctor Anywhere bolster venture
The latter has been providing health service to group insurance clients since 2019.
Hong Kong's HSBC Life pilots new health insurance plan
It also combines business talent retention with wealth growth.
Manulife Singapore pilots health tracker
The MOVE Health Score has a scoring method for gauging fitness.
BNP Paribas' Cardif to buy stake in BRI life insurer
BRI had earlier revived its plan to sell a stake for $500m.
Chinese insurers' insolvency still strong, but risks persist
Both life and P&C insurers can suffer from insolvency drops this year.
Crisis exacerbates Taiwan life insurers' woes
The sector heavily depends on spread gains which are sensitive to volatility.
Australia's Suncorp to lose $87m due to COVID-19
The pandemic has had a negative effect on gross written premiums.
Manulife's Q1 core earnings climb 10% to HK$1.4b
In-force business growth and higher sales spurred the growth.
AIA Hong Kong launches first robotic investment choice service
This will help clients purchasing new ILAS policies to build their investments.
HSBC to buy out China life insurance partner
The transaction will be structured as a transfer of equity interest.
Great Eastern's net profit crashes 90% to $33.9m in Q1
Total weighted sales rose due to growth momentum in Singapore and Malaysia.
HSBC Life Hong Kong launches video-conference insurance service
Retail banking clients registered in Personal Internet Banking can opt in.
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