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China general insurance penetration rate below market average: analyst
China general insurance penetration rate below market average: analyst
This is despite the prediction that the industry would reach $313b by 2025.
Allianz Malaysia GWP soars to $990m in 2021
The life insurance subsidiary grew by 8.2% in the first nine months of 2021.
Singapore general insurance industry to skyrocket to $4.2b by 2025
It is expected to grow at a compound annual growth rate of 5%.
Zurich Life launches first critical illness plan
The plan offers protection for major critical illnesses such as cancer and heart diseases.
Tokio Marine transforms non-life subsidiary to insurtech
It plans to position the new insurtech as the digital R&D hub of the group.
Bulk of Hong Kong homeowners mistaken about fire insurance
Only 4% of surveyed homeowners knew precisely what it construe.
Kyobo Life to go public by H1 2022
The insurer also plans to become a financial group.
AMA proposes health savings scheme for millennials
This is to encourage them to obtain and retain their private health insurance.
Allianz gets nod for full control of China life business
It will become the first wholly foreign-owned life insurance company in China.
Generali GC&C names Asia head of casualty underwriting
The new head has worked in several markets including Korea, Taiwan, and Hong Kong.
Taiwan approves health insurance for migrant workers
The insurance plan specially covers those who are infected with COVID-19.
HSBC appoints global CEO of HSBC Life
Greg Hingston was the former wealth and personal banking head in Hong Kong.
FWD Singapore and Surer launches maid insurance plan
Customers can pick and choose from a list of 10 product features based on their needs.
Gallagher hires new senior execs to supercharge Asia growth
Thomas Wang and Leng Leng Ng will lead Asia and Singapore.
Australia classifies insurers as emergency responders
The Insurance Council of Australia welcomed the updated protocol for insurers.
AIA Q3 new business value soars to $2.54b
The group said it exceeded the pre-pandemic levels of the first nine months of 2019.
Dah Sing Bank and Dah Sing Insurance rolls EV financing and insurance plan
The package is designed to support the first test drive of the Tesla Model Y in Hong Kong.
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