News

Japan's top P&C insurers still enjoy strong results amidst pandemic

Solid premium growth was backed by premium rate hikes in 2019.

Sector risks weigh down on Australian mortgage insurers

Last year’s earnings dropped below the five-year average ROE of 10.7%.

Indian non-life insurance premiums dwindle 10.6% in April

Monthly premiums declined 11.3%, with the motor segment plunging 49%.

Singapore's new life insurance business premiums up 10% in Q1

More consumers take action to secure their financial future in view of COVID-19.

Indian life insurance sector to shrink 0.9% this year

The sector has reported a 32.6% decline in new business premiums in April.

BNP Paribas' Cardif to buy stake in BRI life insurer

BRI had earlier revived its plan to sell a stake for $500m.

Chinese insurers' insolvency still strong, but risks persist

Both life and P&C insurers can suffer from insolvency drops this year.

Crisis exacerbates Taiwan life insurers' woes

The sector heavily depends on spread gains which are sensitive to volatility.

Great Eastern's net profit crashes 90% to $33.9m in Q1

Total weighted sales rose due to growth momentum in Singapore and Malaysia.

HSBC Life Hong Kong launches video-conference insurance service

Retail banking clients registered in Personal Internet Banking can opt in.

Singapore insurance regulators extend COVID-19 coverage to CCF, CRF patients

Patients may claim hospital cash benefits for a maximum of 14 days.

India's life insurance posts 32.2% drop in first year premiums for March

Life Insurance Corporation of India continues to lose its market share.

Great Eastern boosts digital tools amidst COVID-19 pandemic

Authorisation of policy purchases will be simplified.

Singapore insurance services to remain open amidst lockdown

The government has raised distancing measures against COVID-19.