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One in 10 Hong Kong SMEs do not have insurance protection: survey
One in 10 Hong Kong SMEs do not have insurance protection: survey
Only a fifth of SMEs have insurance protection against business interruptions.
Vietnam to boost life insurance coverage to 15% by 2025
Only 8% of the population currently has a life insurance plan.
Insurers gear for Hong Kong's $1.27b national health insurance programme
The Voluntary Health Insurance System will offer $1,000 in tax benefits to lure residents.
Chinese insurers premium income up 24% in January
Premium income hit $126.61b at the start of the year.
New life business premiums in Malaysia inched up 1.8% to $2.52b in 2018
New premiums in the group business jumped 9.4% to $870m.
Singapore to raise insurance cover for overseas project funding to $50m
It aims to strengthen support for local businesses’ overseas expansion.
Singapore offers rewards of up to S$10,000 for insurance fraud tip-off
Individuals with knowledge of wrongdoing should submit documentary evidence.
Motor policyholders in India blame insurers for lapsed policies: survey
Around 36% specifically blamed their insurer whilst 23% pinned the blame on their agent.
Japan moves to limit national health insurance coverage
Only workers and their dependents in the country can avail to prevent abuse.
Philippine insurers can now invest in infrastructure projects
The move enhnaces the investment options of the country's insurers.
Hong Kong approves license of 8th Chinese captive insurer
Shanghai Electric Group has received approval from the insurance authority.
South Korea insurance profits down 7.4% to $6.5b in 2018
Earnings from non-life insurers worsened as car losses rose.
Web-based insurance policyholders in China hits 222 million
Nearly 28% admitted to buying insurance from the Internet.
Go-Jek partners with insurtech firm Gigacover to provide driver insurance
It will cover driver-partners for medical leave of up to 21 days and hospitalisation leave of up to 84 days.
Britannia P&I gets licence to underwrite business in Singapore
It will handle the club’s members in the ASEAN, India, and Australasia.
Insurance Asia Awards 2019 opens for nominations
Entries are accepted until 19 April 2019.
Grab forms joint venture with ZhongAn to offer digital insurance products
The firms aim to provide its products to uninsured consumers through Grab’s mobile app.
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