Insurance
Prudential reels in new group chief agency officer
He has over 24 years of experience in the industry.
ICA urges Aussies to pack travel insurance amidst rising alcohol incidents
About 87% of Australians took out travel insurance on their last trip in the past year.
Vietnam’s health coverage improves with 93.35% participation
Last year saw over 174 million healthcare visits covered by the insurance fund.
India's resilience efforts face daunting climate risks
FM Global’s index exposes India's regional vulnerabilities.
AXA backs IDF’s climate resilience infrastructure plan
It aims to create a scalable, replicable solution for infrastructure resilience projects.
India eyes FDI cap overhaul for insurers
FDI cap for general or life insurance companies is at 74%.
Australians to gain more life insurance advice options
Over a quarter of Australians thought about getting advice, but have not acted upon it.
India’s pushes for reintroduction of tax exemptions
Tax benefits currently exist for health and life insurance premiums, albeit capped and complex.
Thai association cautions on insurance coverage for EVs
Tokio Marine Safety Insurance temporarily suspended standard premiums.
Sumitomo Life's Singlife purchase tops SEA acquisitions in H1 2024
The acquisition valued the Singaporean insurer at S$4.6b.
Nat Re posts record profits in 45th year
It saw its net profits surge 862% to $9m.
Suncorp confirms FY 2025 reinsurance programme placement
The cost of the FY 2025 programme is expected to be similar to FY 2024.
HKFI launches check scheme for insurance agents
The scheme aims to prevent problematic agents from moving between firms.
MAPFRE RE gets China’s approval to operate in Bejing
MAPFRE RE will proceed with pre-opening steps in compliance with local regulations.
AXA launches hospital cash plan for simplified coverage
Customers can receive $130 (HK$1,000) per day as a hospital income benefit.
HK insurers may need capital boosts due to new rules
The new regime could be costly for insurers.