News
Major South Korean insurers to stop underwriting new coal projects
The confirmation follows pressure from a network of civic groups.
Major South Korean insurers to stop underwriting new coal projects
The confirmation follows pressure from a network of civic groups.
AXA sells Malaysian insurance assets to Generali
The deals will turn Generali into Malaysia's second biggest P&C player.
AXA, HKBN team up for comprehensive home protection plan
It bundles home insurance with fibre broadband service, network security and a smart home kit.
Thai motor premiums jump 2.5% in Q1 2021
But overall new car sales dropped 18.4%.
South Korea regulators to upgrade insurance benefits system
There is still about $11b (KRW12.6t) in unclaimed insurance funds.
India's RenewBuy pool $45m in Series C funding
It will use the investment to compete with PolicyBazaar.
Taiwan Life to maintain operating results, capital
It is expected to maintain good capital buffers to support business expansion.
IP coverage extended to COVID vaccines under WHO's special access route
It will apply to vaccines administered in Singapore under SAR.
AIA Singapore extends COVID-19 benefits
Its IP coverage for vaccine complications now include those approved by WHO under EUL.
Hong Kong's FWD files for US IPO
It is considering about $2b in the US share sale.
Philippine ombudsman junks raps vs Philhealth officials
It found insufficient evidence that the officials conspired against several Philhealth employees.
Better credit quality ahead for South Korean insurers in 2021
Life insurers saw better profits in 2020, whilst non-lifers saw improved loss ratio.
Australia's 360 acquires New Zealand's TLC Insurance
The acquisition allows 360 to expand its footprint in New Zealand.
South Korean insurers' RBC ratio falls to 256% in Q1 2021
The decline came as a hike in bond yields incurred valuation losses from bond investments.
Indonesian life insurance customers drop 4.7% in Q1 2021
The decline was observed in group insurance.
Singapore's MAS reprimands AIA FA, Prudential, Aviva FA & CEO for breach of rules
They failed to properly monitor individuals onboarded as advisors, directors.
Prudential Singapore, KidSTART extend nutrition programme
Beneficiaries have been receiving fresh produce since May this year.
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Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
