Insurance
AIA achieves five-pillar ESG strategy in 2023
AIA achieves five-pillar ESG strategy in 2023
The company was able to invest in ESG bonds, worth $6.3b.
Singapore's LIA unveils consumer guide to medical underwriting
The association’s management committee continues second term.
How Singlife plans to magnify the Philippines’ insurance penetration through GCash
Experts cite the country’s economic exposure to climate change over all other nations.
Allianz Life, HSBC Malaysia unveil two new investment-linked funds
Its fund manager is BlackRock.
FWD Group sees 22% YoY surge in new business value for 2023
Operating profit surged 27% YoY to $372m.
Swiss Re board proposes 6% dividend increase
Backed by a sturdy capital position, Swiss Re's board advocates for a 6% dividend raise, amounting to $6.80 per share.
HKIA suspends insurer for deceptive practice
Lam intended to improve his sales performance by applying for insurance in his client’s name.
Endowus launches IncomeUp portfolios
Investors are entitled to a full cashback on trailer commissions.
AIA records double-digit profit growth in 2023
Mainland China, Hong Kong, ASEAN (except Vietnam and India) also registered double-digit growth.
Philippines’ pre-need industry premiums surge 7.3% YoY in 2023
The industry witnessed a 385% rise in net income.
Cyberattacks, data breaches top business risks in India: survey
Business interruption stands as the second-highest risk whilst talent retention challenges rank third.
Singlife launches two upgraded plans, focusing on affordability and cancer cover
The insurer is in partnership with IHH Healthcare Singapore.
S'poreans find wealth does not equate to financial resilience: Survey
Lower-income respondents (60%) better at covering short-term financial obligations than high-income counterparts (52%).
1 in 2 Singaporeans prefer using online websites to buy travel insurance
43.7% of Singaporeans travel 2-3 times annually.
NorthStandard forges partnership with AI platform for safer marine navigation
The global marine insurer will include the AI-based solution in its digital resources.
MS Amlin rebounds in 2023
The (re)insurer registered a net loss of $60m in 2022.
SG-based bolttech steps into the Middle East
It plans to explore beyond the usual insurance offerings.