Insurance
HSBC Life extends nCov benefit programme to families of policyholders
HSBC Life extends nCov benefit programme to families of policyholders
Policyholders and families will receive complimentary benefits starting 1 February.
Tokio Marine Life Insurance floats coronavirus financial aid
Policyholders with in-force individual life policies can obtain a lump sum of $5,000.
Insurtech firms raise $1.1b in 53 transactions in 2019
$828.1m were raised in the top 10 deals, accounting for 74.7% of the total capital raised.
Sedgwick appoints deputy CEO for its Singapore operations
Sedgwick has appointed Stephen Kwang as deputy CEO of Sedgwick Singapore, an announcement revealed.
Sun Life Hong Kong floats new policies against coronavirus
They will be entitled to a waiting period waiver if diagnosed between 24 January to 30 April.
Slowing economy to drag on Indian insurers' premium growth
But the low rate of insurance penetration is an opportunity for continued expansion.
AXA, Doctor Anywhere launches medical teleconsultation services in Singapore
Insured corporate clients can avail of video consultations through Doctor Anywhere’s app.
AIG, SRX launch insurance policy to replace rent security deposits
AIG Landlord Insurance will cover loss and damages not limited to the amount of the deposit.
AIA Singapore names Delon Choo as CEO of AIA FA
Choo was recently with Chubb Life. AIA Singapore has appointed Delon Choo as chief executive officer of AIA Financial Advisers (AIA FA) effective 23...
Insurance Asia Awards 2020 is now open for nominations
Deadline for submission of entries is on 28 February 2020.
Chinese life insurance premiums to hit 13% in 2020
Traditional life insurance and health insurance to hit 10% YoY and 26% YoY.
Insurance firms tap into big data for new products
Total assets of the 50 largest insurers went down 6.47% to $217b in 2019.
China Taiping floats first universal life plan for HNWIs
Infinite Universal will cover legacy planning, estate planning, and business continuity.
Low interest rate environment threatens South Korean life insurers' profits: report
Premium growth is suppressed by a weak economy and reduction of sales.
Singaporean insurance platform Singsaver secures brokerage license
They launched a platform that aims to tap into the $4b-worth local insurance market.
Singaporean regulator co-launches steering committee for the local insurance industry
It will monitor trends and identify emerging issues, collaborate with MAS on initiatives.
Indian insurers see modest growth for FY2020 at 4-15%
Coverage stocks will likely meet annual premium equivalent (APE) growth expectations.
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