News
Tonik digital bank enters the insurance market
The partnership with Sun Life Grepa will offer credit life and disability insurance.
Tonik digital bank enters the insurance market
The partnership with Sun Life Grepa will offer credit life and disability insurance.
FWD Philippines launches insurance plan for gamers
Customers can opt to add critical illness benefit, accidental death coverage, or both.
Singlife offers one year free life insurance coverage to caregivers
It is given to the first 200 who successfully sign up for SG Assist’s new membership programme.
Generali Malaysia unveils new model branch for customer-centricity
It is located at Pusat Komersial Saujana, Seremban 2 Heights.
Bharti Group to purchase AXA’s stake in India joint venture: Report
It’s not yet clear if AXA is exiting the Indian insurance market.
IRDAI to improve insurance accessibility in 'every nook and corner' of India
The regulator wants to ensure that each area has a dedicated "vahak" to sell and service straightforward insurance products.
APRA, ASIC publish papers for industry’s data collection
This aims to assist the industry in conducting detailed assessments of risks.
The general secretary of EAIC urges insurers to strengthen focus on ESG
EAIC said it serves as a platform for neighbouring countries in Asia to exchange information.
China could face $4.6t in economic losses if extreme weather conditions persist in five years
Asia Pacific follows closely at $4.5t.
Singapore’s general insurance industry to hit S$7.35b in 2028
The industry will grow at a compound annual growth rate (CAGR) of 5.8%.
Prudential expands hospital coverage in Chinese mainland
It is the first insurer in Hong Kong to cover all Class 3 public hospitals and Class 2A hospitals.
Allianz Partners teams up with bolttech to launch embedded insurance in APAC
The two will jointly provided embedded device and appliance insurance.
FWD and Club Care partners to launch online insurance platform Club Care
The new platform will give out points to redeem loyalty rewards.
Allianz Trade names new India country manager
The insurer predicts that India will be Asia’s next growth engine.
Manulife enters $1m partnership with Kiva
The partnership will create a revolving fund for microentrepreneurs
One in four young seniors do not have a ‘robust retirement plan’: study
Research on Successful Ageing (ROSA) said only 27% have a “robust retirement plan.”
Employee medical plan costs for APAC businesses to see rise, highest since 2015
Trend rates reflect the percentage increase in medical plan costs per employee, including insured and self-insured plans.
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Outdated systems cause data breaches, dragging the Philippine insurance market’s growth potential
![Outdated systems cause data breaches, dragging the Philippine insurance market’s growth potential]()
Insurance
Insurance experts warn of poor systems leading to the disruption of digital adoption, whilst partnership opportunities could boost growth.
Insurance experts warn of poor systems leading to the disruption of digital adoption, whilst partnership opportunities could boost growth.
