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Korea Exchange rejects Kyobo Life IPO application
Korea Exchange rejects Kyobo Life IPO application
The reason for the denial is discord amongst major shareholders.
China’s Citic mulling buying stake in Dajia insurance group
Citic could end up buying a 20% stake in the company.
FWD Group names new group chairman
Ronald Arculli will be retiring from the role
Zurich Insurance launch Travel VIVA Insurance Plan
Applicants who apply until 30 Sept 2022 get a 10% premium discount.
Cheaper insurance as IRDAI greenlits tech-enabled cover for motor
This will enable Indian insurers to offer analytics-based policies.
More Taiwan insurers set to inject capital after losses
The surge in COVID-19 policy claims had put several insurers in the red.
Dai-ichi Life invests $90.34m in UK insurtech firm
It plans to use this investment to enhance its existing business.
Miller acquires Japanese broker
The broker specialises in hull, war risks and protection & indemnity insurance.
Indonesian insurtech Rey Assurance nabs $4.2m funds in seed round
The round was co-led by the Trans-Pacific Technology Fund and Genesia Ventures.
Better Hong Kong margins a tailwind for AIA Group’s growth: analyst
However, the weakening Asian currency may keep the group from soaring too high.
Doo Group acquires unnamed Hong Kong insurance broker
The newly acquired firm will now be known as Doo Wealth Management HK Limited.
Chubb rebrands Cigna’s life operations in New Zealand
The current CEO will still take the lead in the rebranded Cigna.
Singlife with Aviva launches first insurer-led open architecture programme
The programme aims to help startups and SMEs to digitalise and scale their business.
Chubb names new LINA Korea country president
The firm recently acquired Cigna’s life insurance operations in the country.
MSIG Hong Kong to provide free mental health support to policyholders
It recently signed an agreement with mental health tech company Intellect.
Peak Re boasts ninth straight year of premium growth
The group’s GWP increased by 9% in 2021.
Chubb to integrate Cigna’s Taiwan business
It also announced the new leader of the integrated business.
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