News

Dai-ichi cements position as Australia’s top insurer with Westpac acquisition

With Westpac Banking Corp's exit from life Insurance, Dai-ichi is now the top dog.

Dai-ichi cements position as Australia’s top insurer with Westpac acquisition

With Westpac Banking Corp's exit from life Insurance, Dai-ichi is now the top dog.

Get to know the winners of the 6th Insurance Asia Awards

The awards programme received the most number of nominations this year since its inception.

Allianz General launches customisable insurance packages for SMEs

The Allianz Business Shield aims to help SMEs to minimise their business risks.

CDFHC to acquire 100% control of China Life

This will effectively delist the insurer.

‘Costliest’ tornado bills New Zealand insurers NZ$32m

The tornado tore through the country last June.

Singapore life insurance records whopping $1.97m in sales

This accounts for a YoY 61% growth in H1 2021.

AIA Singapore appoints chief product proposition officer

The position was newly created to help the firm focus on reorienting strategic priorities.

Henan flood led to record breaking insurance losses of CN¥11.2b

S&P Global said China’s extreme weather conditions are testing its domestic property and casualty insurers.

Westpac Life Insurance performance unaffected by change of ownership: analyst

The insurer's performance continues to be driven by its stand-alone credit profile.

Carlyle Group sells shares in SBI Life Insurance for INR₹21.47b

This marks the group’s exit from the Indian insurance company.

Insurance companies, pension funds to bring on ‘age of sustainability’ in Asia: analyst

Tapping into the region’s vast savings is required to reach this new age.

Westpac sells insurance arm Japan’s Dai-ichi Life for A$900m

This marks the Australian firm’s exit from the life insurance sector.

AXA rolls out first-in-market surgical insurance SurgiCare

One out of three people in Hong Kong has undergone surgery in his/her lifetime.

nib launches newest digital solution for prescription claims

Members can now have a process on-the-spot, paperless claims of their prescriptions.

Manulife Financial Asia segment stands out in Q2

The Canadian insurer’s Asia segment saw a surge in new business value of up to 48% in Q2.

Dah Sing Insurance launches specialised insurance for Tesla cars

The special insurance offer is only available to select Dah Sing Bank customers

Can Australian insurers weather another economic collapse?

The Australian Prudential Regulation Authority found out the answer.