News
Hong Kong’s livi bank, FWD General Insurance launch home insurance plan
Those who avail of the plan can enjoy insurance coverage of up to HK$5m.
Hong Kong’s livi bank, FWD General Insurance launch home insurance plan
Those who avail of the plan can enjoy insurance coverage of up to HK$5m.
WTW appoints APAC head of crisis management
The new head will be based in Singapore.
Blue Cross launches mega sale of travel cover
Customers can get up to 79% off when they buy travel insurance.
Hong Kong unveils development roadmap for insurance sector
The government aims to strengthen the city’s role as a sophisticated insurance hub.
FWD Group launches VC fund for investment in Malaysian insurtechs
The VC fund is in collaboration with Artem Ventures.
Hong Kong regulator warns against fake Sun Life websites
The IA stressed that any insurance business operating in the city must be authorized by it.
Insurtech Igloo extends Series B funding round at $46m
It initially raised $19m.
Tokio Marine increases stake in Indonesian JV to 80%
It acquired 20% of shares from its JV partner.
Allianz Malaysia records 9.4% GWP growth in first nine months
The group’s total assets grew by 4% as of September 2022.
Generali Asia names new Hong Kong CEO
The new CEO has been with the company since 2016.
Citi, Zurich Insurance launch customizable insurance proposition
Demand for insurance sold online almost doubled in September, the insurer said.
Taiwanese insurers and banks decreases exposure to China to record low
Aggregate exposure through loans, investments, and deposits contracted by 1% sequentially.
Chubb gets regulatory nod to increase stake in Huatai to 83.2%
Huatai is a holding firm for several companies in China.
nib purchases New Zealand travel insurance provider OrbitProtect
OrbitProtect was first established in 2005.
Two out of three Hong Kongers continue to suffer from long COVID
Manulife launched a charity program to help people still suffering from it.
AXA denies rumours of exit in South Korea
The firm is the only foreign insurer in the auto insurance market of South Korea.
Motor insurance growth slows down in Singapore
Higher taxes led to lower car sales in August.
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