Insurance
Almost half of APAC residents seek new insurance policies
Almost half of APAC residents seek new insurance policies
85% in China expect insurance companies to payout valid claims.
Singapore insurance regulators extend COVID-19 coverage to CCF, CRF patients
Patients may claim hospital cash benefits for a maximum of 14 days.
HSBC Life Hong Kong rolls out dementia support programme
Eligible households will receive essential goods and online training modules.
India's life insurance posts 32.2% drop in first year premiums for March
Life Insurance Corporation of India continues to lose its market share.
Prudential Singapore launches AI-backed mobile healthcare app
It can be used to check symptoms and video consult with doctors.
AXA Singapore to use digital end-to-end services amidst distancing measures
Clients can use a video conferencing and co-browsing platform with their consultants.
AXA Hong Kong releases first policy with dementia benefit
The plan has an annuity period of 10 to 20 years starting at the age of 50.
Great Eastern boosts digital tools amidst COVID-19 pandemic
Authorisation of policy purchases will be simplified.
AIA Hong Kong grants free COVID-19 coverage through mobile app
Payments for diagnosis and death will be guaranteed.
Singapore insurance services to remain open amidst lockdown
The government has raised distancing measures against COVID-19.
Pandemic heightens Korean life insurers' asset risk
The average negative spread widened to 0.85% in H1 2019.
Tokio Marine Life rolls out enhanced protection plan
The #go2gether campaign offers up to 50% coverage against death and critical illness.
Prudential Singapore floats new hospitalisation plan
It grants access to more affordable public and private healthcare.
Economic, financial volatility push Japanese insurers towards hybrids
They can withstand the downsides through low financial leverage and strong earnings.
Singapore life insurance regulator offers six-month grace period for premiums
Policies will remain valid throughout the period.
Singapore general insurance sector posts $28m underwriting loss for 2019
The top five segments accounted for a combined $43.4m underwriting loss.
Japan, Korean insurers to see dampened sales as COVID claims rise
Both countries will see an increase in death claims.
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