News
Thai insurers gain from new funding rules: report
Thai insurers gain from new funding rules: report
Capital bonds as alternative funding may boost sector capital adequacy.
Australian regulator seeks feedback on add-on insurance sales model
It pushes for a four-day pause for a principal product sale and add-on sale.
Indian cabinet OKs higher FDI limit for insurers
The revisions will now be introduced to Parliament.
AIA 2020 OPAT inches up 5% to $5.9b
Value of new business fell 33% in the same year due to operational changes.
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Tokio Marine probing validity of Australian unit's Greensill policies
Greensill has filed for insolvency after losing coverage for debt repacking business.
Taiwanese insurers gain from higher limit on foreign currency policies
It will incentivise sale and back overseas investments, an analyst said.
Chinese insurers' gross premium income jumps 11.6% to $155b
Life insurers' premium income rose 13.5%.
Australian regulator warns of bad trends in superannuation
There has been decay in group life insurance claims in 2019 and 2020.
Indonesian takaful market gaining ground despite low penetration
The low market share is driven partly by the still-nascent Islamic finance ecosystem.
Australian general insurers' 2020 net profit nosedive 99% to $26.8m
Catastrophe claims and BI provisions were amongst the reasons.
Eight in 10 Singaporeans without CI experience fret over medical bills: survey
Almost 30% of CI patients incur more than S$250,000 in medical and hospital bills.
Singapore life insurers to assist policyholders as deferment period closes
Those currently under the scheme will remain until their applicable end date.
India mulls hiking LIC's authorised capital ahead of IPO
The life insurer's paid-up capital is currently at $1.4b.
Losses continue for Australian life insurers
Risk products posted a combined net loss of $379m in December 2020.
Australian insurers' capacity shrinks: report
Several classes have experienced premium hikes.
Taiwan insurers' 2020 pre-tax profit jumps 30.7% to $8.35b
The buoyant stock market drove the growth.
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Industry experts push for the rapid progress of unified customer data as a starting point.
