News
livi bank launches app-based travel insurance plan
livi bank launches app-based travel insurance plan
This is the bank’s first general insurance offering.
Aviva acquires majority stake in India life venture
This is the second local life insurance venture with 74% foreign ownership.
AIA announces acquisition of MediCard Philippines
Dr. Nicky Montoya to continue to lead MediCard as the CEO.
AXA Hong Kong sets foot in the metaverse
The insurer has acquired a 3X3 LAND to provide an interactive space for customers.
Taiwan’s non-life insurance suffers 537.1% loss in August
This is the fifth consecutive month of loss for the insurance industry.
Australian watchdog finalises changes to insurance capital and reporting frameworks
The changes aim to minimise misalignments between APRA’s frameworks and AASB 17.
Hong Kong insurance regulator bans former agent for two years
The agent was banned for using a false academic certificate under the self-regulatory regime.
Ping An launches new home-based elderly care insurance
The product provides wealth protection and elderly care services.
Manulife launches program to teach kids financial literacy
The insurer partnered with St. James' Settlement for this initiative.
Hong Kong court orders wind up of Target Insurance
The insurer was deemed insolvent by the insurance regulator.
Astra International mulls sale if insurance business
The deal could value the business at $500m.
Aon names new Indonesia CEO
He was previously the CEO of Pacific MMI Insurance.
Prudential Financial appoints CEO for Japan operations
The current CEO will retire by the end of the year.
Pandemic insurance claims to drag Cathay Century’s operating results: AM Best
However, the ratings firm said this is a one-off event for the insurer.
AIA in talks to buy Philippines MediCard
The deal could raise the value of the healthcare provider to $350m.
Allianz Malaysia joins Malaysia-focused early stage venture fund
The fund is backed by Gobi Partners.
Insurtech KoverNow launches protection for luxury watches
The insurance can be turned on and off on an as-needed basis.
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