Insurance
AIA Singapore unveils enhanced retirement policy
AIA Singapore unveils enhanced retirement policy
It features increased monthly dividends and lowered premiums.
World's first blockchain marine insurance platform rolled out
‘Insurwave’ can help manage risk for more than 1000 commercial vessels in its first year.
Singapore listed insurance trio posts 8.6% return in May
The three insurers performed strongly despite intensified competition.
Korean life insurance net income crashes 21.7% to $316.9b in Q1
Blame premium income from savings-type insurance products which plunged by $2.5b.
China's online property insurance premiums surge 30.9% to $2.26b in Q1
The quarterly growth reverses a slight decline registered last year.
Peak Re names Stephen Roder as independent non-executive director
He also becomes a member of various board committees effective 2 May 2018.
Hong Kong insurance tax bill gazetted
It enables a tax deduction for residents buying health insurance under the VHIS.
New Zealand regulator alarmed by $34m spent on insurers' non financial incentives
Trips, business support and conferences may influence insurers’ exercise of duty.
Chinese insurers defy deleveraging campaign by ramping up alternative asset allocation
Such assets offer higher returns of 9.42% than 5% on average offered by corporate bonds.
HSBC Insurance rolls out digital insurance platform
It currently offers two life insurance solutions.
Tokio Marine Singapore enhances chatbot with calculator feature
Users can now see for themselves the gap between their income and insurance coverage.
Singapore life insurance premiums up 14% to $689.23m in Q1
Linked policies led the charge after surging 82% in Q1.
AXA Insurance appoints Sean Goh as managing director of Life Strategic Business Unit in Singapore
He takes over from Neil Frith who will be moving to a new role based in Spain.
Singapore battered by massive $669.97b mortality and critical illness gap
This represents the gap residents must cover in case of emergencies rendering them unable to work and provide for their families' financial needs.
Great Eastern profits ballooned 68% to $115.02m in Q1
Thanks to the insurer’s booming business in Singapore.
AIA new business value up 26% in Q1
Sales to China buoyed the insurer's profitability and may soon become its biggest market.
China's insurers remain flush with money
Average comprehensive solvency ratios of life and P&C insurers remained above 200% as of end 2017.
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