Insurance
India could soon allow customers to take out loans to buy insurance
                                                                                 
                    
                    
  The regulator is currently studying a proposal for premium financing.
                
                                
            India could soon allow customers to take out loans to buy insurance
                                                                                                                 
                            
                            
  The regulator is currently studying a proposal for premium financing.
                        
                                                
                        
    
                    OneDegree expands home cover to include LGBTQ+ families
                                                                                                 
                        
                        
  The cover was soft-launched in March, and relaunched to extend coverage.
                    
                                        
                    
                Kyobo Life to issue $500m hybrid bonds
                                                                                                 
                        
                        
  The 30-year bonds will all be sold to offshore investors.
                    
                                        
                    
                ICA Board names new non-executive director
                                                                                                 
                        
                        
  She currently heads Swiss Re’s Australia and New Zealand division.
                    
                                        
                    
                What are Taiwan’s insurance regulation amendments for the elderly?
                                                                                                 
                        
                        
  Several amendments were introduced to enhance the protection of senior citizens.
                    
                                        
                    
                Pru Life UK Philippines showcases new office
                                                                                                 
                        
                        
  Known as PRUHouse, it is a 2,600 sqm fully customised workspace.
                    
                                        
                    
                Allianz Asia Pacific hires new COO
                                                                                                 
                        
                        
  He was Prudential Malaysia’s former CTO.
                    
                                        
                    
                Taiwan’s life insurance industry profits reports another drop in April
                                                                                                 
                        
                        
  The non-life business also failed to beat its previous year’s record.
                    
                                        
                    
                MSIG Asia appoints new EVP of business development and digitalisation
                                                                                                 
                        
                        
  The new EVP will be based in Singapore.
                    
                                        
                    
                Thai Life meets investors ahead of $1b IPO
                                                                                                 
                        
                        
  The IPO is set to be the biggest in Thailand.
                    
                                        
                    
                Chubb launches new occupational hazard insurance in Hong Kong
                                                                                                 
                        
                        
  The insurer is also launching a new employee insurance benefit product for SMEs.
                    
                                        
                    
                AIA Singapore introduces first Shariah-compliant ILP fund
                                                                                                 
                        
                        
  Investment firm Franklin Templeton is a partner for this product.
                    
                                        
                    
                Why this SG-based fintech firm is ending the pen-and-paper era of financial advisors
                                                                                                 
                        
                        
  GoalsMapper used its cloud-based platform to help financial advisors support 80,000 clients.
                    
                                        
                    
                Weekly Global News Wrap: Insurance premiums doubles for Ukraine war-exposed business; Health insurers owe 8.2 million people $1b
                                                                                                 
                        
                        
  Dajiah mulls dump of luxury hotels to cash in on rising travel demand
                    
                                        
                    
                Tokio Marine marine insurance cover sales surged by 31% in May
                                                                                                 
                        
                        
  Total sales increased by 4.6% for the month.
                    
                                        
                    
                Taiwan insurers mull injecting new funds as COVID-19 claims cut down profit
                                                                                                 
                        
                        
  Two insurers plan to raise capital once their risk-based capital falls below 250%.
                    
                                        
                    
                Igloo expands footprints in the Philippines
                                                                                                 
                        
                        
  The insurtech firm facilitated 60 million protection plans in the country.