News
Singapore-based insurtech anycover clinches $450k funding
The round was led by Powerhouse Ventures, with participation from 1337 Ventures.
Singapore-based insurtech anycover clinches $450k funding
The round was led by Powerhouse Ventures, with participation from 1337 Ventures.
MAS charges insurance agents for breach of Financial Advisers Act
Their offences included falsification and providing false information.
Starr Insurance acquires Thai non-life insurer
The transaction is expected to close in the second quarter of 2022.
Igloo secures partnership with Thai telecom firm
Two new mobile insurance products will now be available in Thailand.
Beijing Nova Insurance enters partnership with Towngas Lifestyle
They aim to establish a joint working group for insurance brokerage.
India life insurers received $2.17b in COVID-19 claims
Data revealed that death claims rose dramatically in 2021.
Malaysia has sufficient capacity for flood insurance
However, unaffordability remains a tall hurdle.
Manulife Hong Kong reports improved Q1 earnings
This is despite APE sales dropping by 23%.
Samsung Life net profits plunges by 72.9%
The insurer saw losses grow by $170m compared to last year.
Citi appoints new Hong Kong insurance head
She was formerly the Chief Partnership Distribution Officer at Prudential.
India health insurance premiums jumps 25% amidst pandemic
The hike was attributed to the second wave of COVID-19 infections.
AXA Hong Kong launches green rebate program for business clients
This is activated if clients fully utilise their eClaim services.
Howden acquires Singapore-based AEGIS insurance business
This is part of Howden’s strategic expansion in Asia.
Qoala raises $65m in new funding round
The round was led by Eurazeo with participation from several existing investors.
Singapore life insurance new business premiums dips by 2% in Q1.
New business premiums totaled S$1.21b for the first quarter of the year.
Fishery experts recommends climate insurance for Indian fishermen
This could help mitigate risk following natural calamities.
Swiss Re launches second innovation hub in India
It is set to launch in Hyderabad in September
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Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
