Insurance
Taiwan's Cathay Life posts $2.18b net profit in 4M 2021
                                                                                 
                    
                    
  Parent firm Cathay Financial recorded a $511m net profit in April.
                
                                
            Taiwan's Cathay Life posts $2.18b net profit in 4M 2021
                                                                                                                 
                            
                            
  Parent firm Cathay Financial recorded a $511m net profit in April.
                        
                                                
                        
    
                    India pushes product expansion in title insurance
                                                                                                 
                        
                        
  A comprehensive cover for all promoters is recommended.
                    
                                        
                    
                Aussie PM frets about sustainability of disability insurance scheme
                                                                                                 
                        
                        
  The growth in payment per participant was due to inconsistent information, he said.
                    
                                        
                    
                China Taiping Insurance maintains stability amidst pandemic: report
                                                                                                 
                        
                        
  But ROE and ROA were lower in 2020 compared to 2019.
                    
                                        
                    
                Singapore health ministry to consider fully portable Integrated Shield Plans
                                                                                                 
                        
                        
  But doing so can result in higher premiums.
                    
                                        
                    
                Singapore life insurers post 29% jump in Q1 2021 weighted new premiums
                                                                                                 
                        
                        
  Single-premium products grew 85% QoQ in weighted premiums.
                    
                                        
                    
                India's Choice Group floats insurance aggregator platform
                                                                                                 
                        
                        
  ISMOS will offer life, health and general insurance plans.
                    
                                        
                    
                Luxury import cars drive South Korean non-life premiums in 2020
                                                                                                 
                        
                        
  Top general insurers had  $16.82b in premiums through credit cards in 2020.
                    
                                        
                    
                Singapore health ministry to consider fully portable Integrated Shield Plans
                                                                                                 
                        
                        
  But doing so could also lead to higher premiums.
                    
                                        
                    
                Indian insurers at the cusp of transformation: retired IRDAI chairman
                                                                                                 
                        
                        
  India's IT capabilities will accentuate the further growth of the sector.
                    
                                        
                    
                Indian general insurers likely to hit $36.4b in 2025
                                                                                                 
                        
                        
  The sector has a CAGR of 8.7% over FY2019-2024.
                    
                                        
                    
                HSBC Life, dacadoo partner to promote better health amongst users
                                                                                                 
                        
                        
  The insurer will integrate dacadoo into its health platforms.
                    
                                        
                    
                Philippine insurers' 2020 net income slips 8.6% to $859m
                                                                                                 
                        
                        
  Premium income only crept up 1.18% YoY.
                    
                                        
                    
                Great Eastern Q1 profit surges nearly 12 times to S$437.6m
                                                                                                 
                        
                        
  Its profit rose from S$33.9m from the same quarter last year.
                    
                                        
                    
                Better skies ahead for China Pacific's new business value
                                                                                                 
                        
                        
  But patience will be needed amidst challenges in recruiting agents.
                    
                                        
                    
                Chinese insurtech Waterdrop aims to raise $360m in IPO
                                                                                                 
                        
                        
  The firm will sell 30 million American Depository shares.
                    
                                        
                    
                Singaporean insurers still confident amidst pandemic uncertainties
                                                                                                 
                        
                        
  The annual rankings reveal that the city’s top insurers gained S$263b in terms of assets.
                    
                                        
                    
                 
            	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
						 
				 
								 
								 
								 
																					
											
																			 
																					
											
																			 
																					
											
																			 
																					
											
																			 
                 
                 
                 
                 
                 
                