News

Great Eastern reports 33% decline in shareholder profits for Q4

However, overall shareholder profit for the financial year of 2021 increased by 16%

Chinese insurer PICC P&C shrugs off sanctions on Russia

The insurer says their business is unaffected.

Surer backs new professional indemnity insurance in tripartite agreement

The product helps accountants protect themselves against lawsuits from clients.

Taiwan general insurance industry growth tapers off in 2022

Gross written premiums’ annual growth rate peaked at 10.1% in 2021.

MAS bans ex-OCBC representative for fraud and dishonesty

She has been handed a five-year prohibition order.

New pay and earn scheme highlights Manulife Philippines newest product

The product is available for less than $400 a year, payable in five to 10 years.

AIA sells Australian savings and investment business

AIA said that the business is no longer core to its business strategy.

Allianz Malaysia ends 2021 with a 7.2% growth in premiums

Its general insurance business also grew by 3.2%.

Hong Kong insurance regulator warns public against phishing scams

There have been reported cases of fraudsters using the name of Sun Life Hong Kong.

V2Y acquires general insurance business for $14.87m

The acquisition will also boost the firm’s insurtech business.

LIC prospective investors wary of govt’ meddling in the insurer

The insurer was frequently tapped to save struggling financial firms.

MSIG Insurance names new financial lines head for SG and HK

The new head is also recognised as a pioneer in cyber insurance.

AIA to urge 1 billion people to live healthier and longer lives by 2030

This ambitious project aims to help create a more sustainable future for Asia.

ICA urges Australian governments to double Federal funding to AU$200m a year

The council said this will help make the country more resilient against extreme weather.

Allianz Asia Pacific declares $9.5b in total revenue for 2021

Growth in key markets such as Indonesia, Malaysia and Taiwan boosted the firms revenue.