News

Digit Insurance IPO put on hold by regulator

The IPO would have seen $160m raised for the insurer.

India’s general insurance industry growth rate sluggish in August

Private insurers outpacing public peers continues to be a growing trend.

FWD launches new critical illness cover for Singaporeans

It protects policyholders from early stages of cancer, heart attack and stroke.

Chicago-based crypto insurer to launch in Hong Kong and Australia

It previously announced its capabilities to write policies in Canada and the UK.

AXA, HSBC launches domestic helper insurance in Hong Kong

It insures both domestic helpers and their employers.

New Zealand extreme weather claims hit $26.08m in July

Three extreme weather events triggered 6,266 claims for the month.

FWD reports $200m before tax operating profit in H1

Its value of new business increased by 25% for the first half of 2022.

Singlife with Aviva rolls out cover for electric vehicles

The insurer will also offer a 10% discount for EV users.

Sun Life signs MoU with Community Chest

The insurer has pledged S$500k to help promote diabetes awareness and mental wellness.

Manulife appoints new chief customer officer for Hong Kong and Macau

The new chief has over 25 years of experience in the financial industry.

Swiss Re Group CIO steps down after 25 years

His retirement will be effective on 31 March 2023.

Insurance firm oligopoly holds 86% of Japan’s net premium income

Net premium income for all business lines in 2021 reached $62b.

Hong Kong extends temporary facilitive measures until 2023

The extension was supposed to end by 9 September 2022.

FWD delays IPO until 2023

The string of delays was caused by unstable market conditions.

Prudential launches SME medical and employee benefits app

The app lets employees and HR teams access to insurance services.

Manulife Singapore unveils IBF-certified training programme for financial professionals

It is the first insurance firm in Singapore to offer IBF-certified programmes across three levels.