News
Pandemic heightens Korean life insurers' asset risk
Pandemic heightens Korean life insurers' asset risk
The average negative spread widened to 0.85% in H1 2019.
Prudential Singapore floats new hospitalisation plan
It grants access to more affordable public and private healthcare.
Hong Kong life insurers face uphill battle as pressures persist
Growth disruptions are expected to cause a 5-10% dip in total premiums.
Economic, financial volatility push Japanese insurers towards hybrids
They can withstand the downsides through low financial leverage and strong earnings.
Singapore life insurance regulator offers six-month grace period for premiums
Policies will remain valid throughout the period.
Singapore general insurance sector posts $28m underwriting loss for 2019
The top five segments accounted for a combined $43.4m underwriting loss.
Japan, Korean insurers to see dampened sales as COVID claims rise
Both countries will see an increase in death claims.
Prudential Thailand, TMB Bank sign bancassurance venture
The insurer will provide health solutions to TMB clients for 15 years.
Australia's insurance sector post strong returns despite dampened ROE: analysts
The sector will reach an ROE of 15% this year, lower than last year’s 16%.
DBS extends enrollment deadline for COVID-19 relief insurance
The policy recorded more than 52,000 sign-ups in a day during its peak.
AIA Singapore's 2019 operating profit hikes 6% to $583m
Total weighted premium income rose 8% to $2.91m.
Why you shouldn't miss the inaugural Insurance Asia Forum 2020
Hear from the region’s top insurance execs on how to stay ahead of changing industry trends.
Prudential Singapore, UOB launch women's savings account
It offers free insurance coverage against six women-related cancers.
AXA rolls out COVID-19 care package
Customers hospitalised due to the virus will receive $200 per day.
AXA Asia's total revenue hits $10.6b in 2019
Overall Asian APE rose 1% due to better sales in Japan, China, and Hong Kong.
Coronavirus likely to hurt Ping An's business in H1 2020
Agent-driven sales have slowed down due to the virus.
Prudential Singapore commits $1.5m COVID relief package
Affected SME clients can defer their premium payments for up to three months.