News
Chubb buys DUAL Asia's Financial Lines portfolio
Chubb buys DUAL Asia's Financial Lines portfolio
This comes at the back of DUAL’s ending general agent partnership with MSIG.
MSIG Insurance ends general agent partnership with DUAL Asia
MSIG will advance its financial lines underwriting independent of DUAL.
Taiwan insurance regulator tightens measures protecting senior citizens
It aims to ‘strengthen protection of the insurance rights and interests of senior consumers’.
ICA commends the federal budget on resiliency and cybersecurity
The federal government has set aside a total of $201.26m in related measures
Zurich Insurance drops ‘Z’ symbol amidst Ukraine-Russia conflict
The letter is used as a symbol of support for Putin’s invasion of Ukraine.
ICA calls for major overhaul of Australia's cyber insurance market
The group highlights challenges to maintaining and developing a cyber insurance market.
AXA Hong Kong offers free cleaning for home contents insurance and SME customers
The free benefit is triggered if someone contracted COVID-19 in the premises.
Hong Kong life premiums projects steady growth to $96.5bn by 2026
The easing of restrictions is bringing back demand from Chinese mainlanders.
bolttech announces investment in digital insurance advisor Sherpa
The investment will be used to expand Sherpa’s protection advisory tool.
China Life reports slow increase of 1.3% in net profit in 2021
Growth was dragged by a decline in new business value and personnel challenges.
Allianz acquires Aetna’s Thai business
The acquisition is expected to be completed after three months.
South Korean insurers 2021 preliminary income balloons to $6.8b
This is a 36.2% growth compared to the previous year.
Asia suffered $72b weather and catastrophe-related losses in 2021
Insurance only covered around 9% of the economic losses.
Allianz Life names new chief
He first joined the firm in 1999.
India central bank hints on possible delay of $8b LIC IPO
Several current events may have factored in on the delay.
ICCSC releases papers on best practices and guidelines for insurance firms
This is to help elevate standards of culture and conduct in the industry.
Generali Asia appoints new CEO of Hong Kong business
He will also hold the position of general manager.
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