Insurance
Singapore to raise insurance cover for overseas project funding to $50m
Singapore to raise insurance cover for overseas project funding to $50m
It aims to strengthen support for local businesses’ overseas expansion.
Chubb acquires majority of local venture in China
Chubb increased its stake in Huatai Insurance Group to 26% from 20%.
Singapore offers rewards of up to S$10,000 for insurance fraud tip-off
Individuals with knowledge of wrongdoing should submit documentary evidence.
Motor policyholders in India blame insurers for lapsed policies: survey
Around 36% specifically blamed their insurer whilst 23% pinned the blame on their agent.
Japan moves to limit national health insurance coverage
Only workers and their dependents in the country can avail to prevent abuse.
AXA Insurance Singapore unveils executive committee appointments
Kevin Leong will serve as managing director for the commercial lines business.
Symbo launches digital insurance platform in Singapore
It aims to launch in Indonesia, Malaysia and Southeast Asia.
Philippine insurers can now invest in infrastructure projects
The move enhnaces the investment options of the country's insurers.
Hong Kong approves license of 8th Chinese captive insurer
Shanghai Electric Group has received approval from the insurance authority.
Insurance pricing in Asia up 0.4% in Q4
This represents the first increase in composite price in four years.
China Taiping Insurance Singapore targets the super-rich in new product
'Infinite Harvest' guarantees 100% capital from the 10th policy anniversary.
South Korea insurance profits down 7.4% to $6.5b in 2018
Earnings from non-life insurers worsened as car losses rose.
Australia's QBE swings back into the black as 2018 profits hits $390m
Insurance profit skyrocketed to $861m from $62m in 2017. QBE Insurance Group has reached the end of the tunnel as it reversed from a $1.2b loss in...
Web-based insurance policyholders in China hits 222 million
Nearly 28% admitted to buying insurance from the Internet.
Go-Jek partners with insurtech firm Gigacover to provide driver insurance
It will cover driver-partners for medical leave of up to 21 days and hospitalisation leave of up to 84 days.
Great Eastern profits crashed by 29% to $1b in FY18
Operating profit growth from Insurance Business countered its decline.
Singapore Life acquires prepaid Visa card brand Canvas
The spending tracker platform is expected to launch by mid-2019.
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