News
Insurance broker g&m acquires ANDA from Marsh Singapore
Both companies will operate independently.
Hong Kong’s total gross premiums dips by 2.2% to $39.48b
However, new sales of life insurance policies went up by 22.9%
AIA Singapore appoints new AIA Financial Advisers CEO
He has over 23 years of experience in all areas of distribution and strategy.
China probing Ping An Insurance’s property market investments: report
The insurer disclosed $8.4b exposure to China Fortune Land Development in February.
ICA warns new cybersecurity rules could raise premiums
Australian insurers urged the government to approach these amendments with caution.
China Life H1 2021 profit soars to 34.2%
This is despite the sluggish growth of GWP due to the impact of COVID-19.
APAC saw lowest insurance M&A deals since 2011
M&A decreased by as much as 51% in H1 2021.
Allianz Malaysia GWP surges to $662m for H1 2021
However, profits before tax is 19.6% lower compared to last year.
Zurich Hong Kong launches new insurance plan for domestic helpers
The plan comes with multiple new protections for employers and employees.
China Taiping sees 77% profit growth to $5.11b in H1
Total premiums written and policy fees over the period stood at $157b.
PICC Property and Casualty H1 net profit surges to CN¥16b
China’s biggest non-life insurer beat street estimates despite decelerating QoQ growth.
AXA, HSBC unveil insurance for Hong Kong residents studying overseas
For as low as HK$4,000, students can enjoy up to HK$2.5m coverage.
Natural calamities, pandemic push Asian reinsurers’ growth
Climate change and the COVID-19 pandemic presents vast potential for the reinsurers’ to transform.
Delta Insurance, Stone Forest to offer cyber insurance for SMEs
The Delta SME Cyber Insurance will also provide protection to key executives and employees.
AIA Group reports 22% surge in value of new business for H1 2021
The group’s China segment was named its largest contributor.
Guy Carpenter appoints new APAC president
Michael Harden brings with him 45 years of experience in the industry.
HSBC Insurance buys AXA Singapore for US$575m
The company plans to merge its Singapore operations with AXA Singapore.
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