Insurance

ZhongAn Online premiums hit $1.68b in 2018

The company is China’s first online-only insurer to break the $1.49b premium mark.

Insurance payments for migrant workers in Korea surged 75% to $349.61m in 2018

Korean law requires all foreign workers, especially those with E9 or H2 visa, to be insured.

Philippine life insurance premiums jumped 20.4% to $3.32b in 9M2018

Premiums from variable life insurance products hit $2.48b.

FWD Takaful Berhad names Salim Majid Zain as CEO

He was formerly CEO of Zurich Takaful Malaysia.

Hong Kong's FWD Group in talks to acquire Siam Commercial Bank's life insurance business

The firms were previously in talks for a possible $3b sales of SCB Life Insurance.

Chubb names Serene Neo as Singapore division head of accident & health

She previously spearheaded the development of retail banking and payment products at a local bank.

Philippine insurtech startup Saphron clinches $1m seed funding

It will optimise AI and real-time data analytics for customer service.

Grab ventures into SME lending and micro-insurance

One product is a post-paid and installment payment service called Pay Later.

APAC insurance deals up 40% in 2018: report

There were 59 completed M&As last year from 42 in 2017.

China Life's insurance premiums surge 22.4% to $28.17b in January-February 2019

This compares to the 4.7% growth in the same period last year.

Great Eastern offers modular insurance plans in Samsung Pay

Available products include a personal accident plan and a home insurance plan.

Indonesia life insurance premiums down 5% to $13.05b in 2018

Income from the bancassurance channel took a hit.

AIA operating profit jumped 13% to $5.3b in 2018

Annualised new premiums grew 15% to $6.5b.

Korea to tighten health insurance for expats

Foreigners with delayed insurance payments will face visa-related penalties by May.

E-commerce firm Synagie Corporation unveils lifestyle insurance mobile app

Kaisu.me will provide a 12-month accidental screen damage protection for new mobile phones.