News

The extreme weather saw over 5,000 in claims.

Outlook for 2021 however looks bleak.

Australia’s insurance group wants a COVID-safe way to move personnel across the border.

Only 67% of insurance claims have been settled.

Uncertainty brought by COVID-19 had started to diminish.

Jack See will take over from Juerg Stoll, as the latter retires in January next year.

Those who have no retirement plan were barely meeting their basic monthly expenses.

Prudential Life Assurance Lao Company Limited (“Prudential Laos”) is pleased to be named “Domestic Life Insurer of the Year” by The Insurance Asia Awards 2021. The company was recognised for launching its all-in-one digital health and wellness application Pulse by Prudential (Pulse) to help Lao people take charge of their health and wellness. The prestigious award also applauded the community engagement initiatives rolled out by Prudential Laos in response to the COVID-19 outbreak.

HDFC Life is India’s biggest private sector insurer.

Investors in the round include Tencent, SCB 10X, Vertex Growth.

The S.Korea reinsurarer’s premiums stood at $7.78b last year.

This gives the company 100% control of the Indian insurance broker.

The business was sold to Bermuda-based Arch Capital Group Ltd.

And lowered claims costs for health insurers.

The sale was for approximately $655.56m in cash, including notional interest.

The agreement aims to step up their collaboration on innovation in financial services.