Insurance

AlipayHK users benefit from Blue Cross travel insurance promotion

Travellers can purchase a five-day travel insurance plan for HK$1.

ASFA blames legislative changes for superannuation insurance downturn

Legislative changes blamed for superannuation insurance downturn.

AIA Group’s margin growth marred by health claims

A negative variance of -$221m on health claims, Jefferies noted.

New regime to strengthen accountability framework for Australia’s financial institutions

The Financial Accountability Regime (FAR) is effective beginning 15 March.

KBFG China sees continuous growth in capital and surplus

AM Best said its relatively small capital base and underwriting portfolio expose it to volatility in the event of large losses.

Prospects brighten for Fidelity Life Assurance's operating performance

The company's financial flexibility is bolstered by its two largest shareholders, said AM Best.

Ping An P&C's favourable business profile in China's insurance market – AM Best

AM Best assessed Ping An P&C to have a favourable business profile.

S’pore’s general insurance sector climbs 10.1% YoY in 2023

The healthcare sector suffered an underwriting loss due to rising costs.

Asuransi Astra's profitability stays strong, backed by parent group's business: AM Best

Its investment portfolio is moderately risky, mainly comprising domestically rated bond funds.

Philippines doubles third-party liability insurance coverage

The insurer will also cover other incidental expenses not included in bodily injury or death indemnities.

bolttech offers device protection in Japan

It has partnered with refurbished device marketplace, Back Market.

9 out of 10 Malaysians are open to sharing data for personalised coverage: Survey

Malaysians consider three things when buying insurance: affordability, meeting customer needs, and value for money.

Rain insurance offer marks a first for Singapore hotel

The coverage is exclusive to bookings starting from SG$850 per night.

Japan's P&C sector surges with focus on profitability and international expansion

Positive trends drive Japanese insurers towards growth, bolstered by rate revisions and strategic initiatives, a Jefferies report said.

Gallagher Re reels new head of cyber for APAC

Sie Liang Lau holds more than two decades of experience in the industry.