News

3,000 job vacancies loom as Hong Kong's insurtech scene booms

There's a hot demand for risk managers and tech talents going into 2019.

Higher insurance coverage to boost Vietnam's healthcare sector

The plan to cover the health insurances of 84% of the population could drive investment growth.

Insurance Asia bags Special interest Media of the Year - Silver at the Asia Pacific Publishing Awards

Its sister publication Singapore Business Review also nabbed the gold award for the business/professional media of the year in the Media Publishers Association (MPAS) Awards.

World's first commercial cyber risk pool launched in Singapore

It will commit up to US$1b in capacity to provide cybercoverage.

Asian life insurers' embedded value surged 19.2% to $480b in 2017

South Korea led the region in terms of highest EV growth.

Singapore's CPF retains ninth spot in world's biggest pension funds

It lagged behind South Korea's National Pension and China's National Social Security.

Indian banks urged to have cyber insurance

Smaller banks have insufficient coverage which does not cover cyber heists.

Singapore's MediShield Life payouts hit $800m in 2017

About 200,000 Singaporeans benefited from the payouts.

Regulatory tightening fails to cripple South Korean non-life insurers surplus growth

Strong exposure to long-term saving and protection is expected to boost VNB.

India's national health insurance scheme embraces trusts

Out of the 26 states, an overwhelming 20 are opting for trusts.

Singapore's life insurance business premiums up 20% to $2.02b in H1

There was an uptake in both single and annual premium products.

Indian insurers to shoulder interest payments of delayed rural claims

Companies failing to clear crop loss claims within 2 months have to pay with 12% interest.

Thai life assurance business premiums up 5% to $9.38b in H1

Bancassurance and insurance agents drove growth.