News
South Korea reinsurance industry to reach $11.9b in 2026
South Korea reinsurance industry to reach $11.9b in 2026
Climate change and regulatory developments continue to be their drivers.
AVA Singapore rebrands into bolttech
This follows after bolttech acquired AVA in February.
Manulife launches new flexible retirement insurance plan in Singapore
Policy owners can choose to retire with a stream of income or receive a lump sum.
Cover Genius link arms with Turkish Airlines to embed insurance protection for travellers
Passengers of the airline are protected when they fly both international and domestic.
bolttech acquires majority share in Indonesian insurance broker
The acquisition bolsters the insurtech’s insurance exchange capabilities in the country.
Great Eastern launches two critical illness cover
The new product aims to solve the concerns over the costs of managing CI.
Tokio Marine gives appreciation treat to Singapore General Hospital staff
This is part of the insurer’s “Caring From Top To Toe” campaign.
Allianz General launches fast flood claims initiative in Malaysia
Policyholders are entitled to avail of towing assistance or expedite claims.
Thai Life buoyed by growth of new business premiums
An analyst predicts that this growth will continue to 2024.
Singlife with Aviva jacks up insurance savings crediting rates up to 3% per annum
The increase in crediting rates is effective this October.
Swiss Re and Indonesia Re partners to enhance digital accessibility in Indonesia
More than 70 reinsurers will benefit from this collaboration.
New Zealand central bank issues interim solvency standards for insurers
The interim standards will come into force on 1 January 2023.
AXA launches medical insurance supplement
The aim is to help customers cope with medical inflation.
Manulife names new CEO for Hong Kong business
The interim CEO will now revert full-time to his position as Chief Distribution Officer.
Tokio Marine announces revise climate strategies
New revisions targets prohibitions of new business transactions in oil and gas.
Pandemic claim losses won’t drag down Fubon Insurance’s strong profitability: Moody’s
Strong capitalisation is back by support from Fubon Financial.
YAS MicroInsurance bags $4.5m in pre-Series A funding round
The insutech firm plans to use the funds to expand and insure the Web3 economy.
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