News
Surer inks partnership with Delta Underwriting
The aim is to provide intermediaries quick access to cyber insurance products.
Hang Seng Bank seeks new insurance partner—report
The bancassurance partnership could value more than $100m.
Peak Re names new underwriting chief
He has had a decade of experience in a similar role.
Dai-ichi Life buys NZ-based insurer for $630m
The acquisition was made through Dai-ichi Life International Holdings.
China Life delists from US stock exchange
The insurer said they would apply for ‘voluntary delisting’.
BOC HK, BOC Life launch green savings insurance plan
It offers up to a 3% annualised guaranteed rate of return at policy maturity.
Singapore life insurance contracts by 1.9% YoY in H1 2022
New business premiums hit $1.92b
Prudential reports 8% surge in H1 operating profits
New business profits, however, went down by 5%.
Tokio Marine HCC subsidiary GCube opens Houston office
The new office will be headed Sarah Bratton.
Asian life insurer FWD launches lifestyle app
The app is available in 10 markets across Asia.
Manulife net income down to $1.1b in Q2
Core earnings also fell 9% year-on-year during the quarter.
Mitsui Sumitomo announces acquisition of Transverse
The deal brokered will cost $400m
Tokio Marine suffers $400m loss from Taiwan COVID-19 cover payouts
The loss will reflect in the quarter ending September.
ZA Bank launches short-term savings insurance in Hong Kong
The insurance has a 3.11% p.a guaranteed returns.
AIA Malaysia launches partnership with digital mental health platform ThoughtFull
The insurer plans to integrate the platform in its corporate solutions portfolio.
Worst Seoul flooding triggers more than $50m in motor claims
4,791 car owners have filed for insurance claims due to damages by the flood.