News

Allianz gets regulatory nod in China

It became the first wholly foreign foreign-owned insurance asset management firm in the country.

Swiss Re Asia appoints new head of Malaysia branch

He will also assume the role of head of client markets property and casualty.

Peak Re acquires remaining 50% stake in Caribbean insurance group NAGICO

The Hong Kong reinsurer initially invested in NAGICO in 2016.

Hong Kong digital life insurer Blue launches outpatient service mobile app

This follows the launch of the Blue WeMedi Outpatient protector plan.

Ping An launches digital RMB insurance policies in Shenzhen

This insurance policy provides compensation to medical workers for COVID-19 and accidental death.

Indonesian e-wallet OVO unveils motorcycle insurance for users

It is the first e-wallet in Indonesia to offer motorcycle insurance with monthly premiums.

India's Star Health launches IPO

The IPO aims to raise as much as $268.3m.

Manulife’s cashless day surgery e-service offered at HKBH Ambulatory Medical Centre

HKBH offers a HK$500 electronic coupon to select customers of Manulife. 

Prudential Singapore upgrades Pulse with wealth solutions tools

The firm’s health and wellness app now includes wealth tools called “Wealth@Pulse”.

India readies bill to privatised state-owned general insurer: report

The bill seeks to remove the 51% floor on government holding.

China Re expects H1 net profit jump up to 65% 

This comes at the back of improved underwriting profits and optimized asset allocations.

GREAT Green SP insurance fully-subscribed, closed: Great Eastern

Customers may invest between S$5,000 and S$100,000.

Zensung, ERGO, Munich Re to launch ‘GO GREEN’ insurance policy

It will be delivered through the “Parrot” mobile application and policyholders can monitor their trips and CO2 emissions. 

Allianz Life Malaysia launches PreciousCover, BabyCover plans for expectant mothers

It provides coverage for child critical illnesses and development disorders.