News
AIA in talks to buy Philippines MediCard
The deal could raise the value of the healthcare provider to $350m.
AIA in talks to buy Philippines MediCard
The deal could raise the value of the healthcare provider to $350m.
Allianz Malaysia joins Malaysia-focused early stage venture fund
The fund is backed by Gobi Partners.
Insurtech KoverNow launches protection for luxury watches
The insurance can be turned on and off on an as-needed basis.
Fosun Group cuts down insurance investments in New China Life
The group scaled down its Hong Kong-traded shares in the insurer.
Digit Insurance IPO put on hold by regulator
The IPO would have seen $160m raised for the insurer.
India’s general insurance industry growth rate sluggish in August
Private insurers outpacing public peers continues to be a growing trend.
FWD launches new critical illness cover for Singaporeans
It protects policyholders from early stages of cancer, heart attack and stroke.
Chicago-based crypto insurer to launch in Hong Kong and Australia
It previously announced its capabilities to write policies in Canada and the UK.
AXA, HSBC launches domestic helper insurance in Hong Kong
It insures both domestic helpers and their employers.
New Zealand extreme weather claims hit $26.08m in July
Three extreme weather events triggered 6,266 claims for the month.
FWD reports $200m before tax operating profit in H1
Its value of new business increased by 25% for the first half of 2022.
Singlife with Aviva rolls out cover for electric vehicles
The insurer will also offer a 10% discount for EV users.
Sun Life signs MoU with Community Chest
The insurer has pledged S$500k to help promote diabetes awareness and mental wellness.
Manulife appoints new chief customer officer for Hong Kong and Macau
The new chief has over 25 years of experience in the financial industry.
Swiss Re Group CIO steps down after 25 years
His retirement will be effective on 31 March 2023.
Insurance firm oligopoly holds 86% of Japan’s net premium income
Net premium income for all business lines in 2021 reached $62b.
Hong Kong extends temporary facilitive measures until 2023
The extension was supposed to end by 9 September 2022.