Insurance
Motor insurer Target Insurance deemed insolvent by Hong Kong regulator
The insurance regulator has moved to wind-up the company.
Motor insurer Target Insurance deemed insolvent by Hong Kong regulator
The insurance regulator has moved to wind-up the company.
WTW appoints new head of Corporate Risk & Broking for Hong Kong
She has been with the company since 2012.
Taiwan regulator amends regulations of public disclosure of information for insurers
The commission said this is for the sake of consistency in its financial supervision.
New China Life Insurance braces for 60% drop in H1 net profit
It made the preliminary announcement through a bourse announcement.
Taiwan’s general insurance industry growth slows in 2022
However, an analyst predicts it will ramp up in 2023 at a CAGR 5.4%.
India poised to be 6th largest insurance market in the world by 2032
It is currently 10th amongst the top 20 markets in the world.
Thai Life raises $1b in IPO
It is Thailand’s largest IPO this year.
Sun Life Hong Kong marks 130th anniversary with NFT launch
The exclusive NFT collection with a local artist.
Insurtech wefox targets Asia expansion after latest funding round
It raised $400m in a Series D funding round
Catalina Holdings appoints new Asia CEO
The appointment is part of the firm's expansion plan in the region.
Sydney-based insurtech Upcover nabs $4.7m in seed round
The funding comprises of $2.7m in equity and $2m in debt.
LIA Singapore launches extended panel initiative for IP policyholders
This allows policyholders access to over 1,000 private specialists.
Korea Exchange rejects Kyobo Life IPO application
The reason for the denial is discord amongst major shareholders.
China’s Citic mulling buying stake in Dajia insurance group
Citic could end up buying a 20% stake in the company.
FWD Group names new group chairman
Ronald Arculli will be retiring from the role
Cheaper insurance as IRDAI greenlits tech-enabled cover for motor
This will enable Indian insurers to offer analytics-based policies.
More Taiwan insurers set to inject capital after losses
The surge in COVID-19 policy claims had put several insurers in the red.
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