News
India's budget proposals could help insurers woo foreign capital
A capital influx could allow the sector to develop distribution networks.
Australian insurance council to review coverage gaps
Concerns have been raised about affordability and availability.
Indonesia floats unit-linked certification service for general insurers
The Financial Services Authority is preparing regulations for unit-linked investment products.
Singapore life insurers' new premiums jump 3% to S$4.38b for Q4 2020
New policies bought online surged to 206,679, most of which were single premiums.
Taiwan insurers to shift towards new solvency, sustainability
The regulator has also pushed for changes in product mix.
Allianz gets full ownership of China life business
It will acquire the remaining 49% stake from Citic Trust.
Ping An Insurance records 4.9% FY2020 profit jump to $21.5b
New business value crashed 34.7%.
Hong Kong SMEs lack adequate insurance vs key concerns: report
Only 24% have protection against equipment damage despite it being a top risk.
AIA amongst bidders for Bank of East Asia's life insurance arm
The bank could raise about $500m to $600m from a potential transaction.
HSBC, Etiqa amongst bidders for AXA Singapore
The transaction could raise about $700m in a sale.
Indian life insurers record fourth straight growth in October
First-year premiums jumped 31.9% to $3.07b.
Singapore's life segment posts 2% drop in Q3 weighted new premiums
Total weighted premiums hit S$1.33b.
FWD Hong Kong floats new flexi-plan product
It has a "pre disability per policy year" claims mechanism.
Pandemic puts brakes on Chinese general insurers
The sector is expected to just grow 3.8% this year.
Japan's top insurers unsafe amidst reliance on individual life
Over-reliance on one product will stunt sector growth.
Asian reinsurers to refocus existing protection amidst pandemic
They are re-emphasising on capital to build buffers against claims and losses.
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Industry experts push for the rapid progress of unified customer data as a starting point.
