News

Pandemic puts brakes on Chinese general insurers

The sector is expected to just grow 3.8% this year.

Pandemic puts brakes on Chinese general insurers

The sector is expected to just grow 3.8% this year.

Japan's top insurers unsafe amidst reliance on individual life

Over-reliance on one product will stunt sector growth.

Asian reinsurers to refocus existing protection amidst pandemic

They are re-emphasising on capital to build buffers against claims and losses.

Coinsurance to alter Korean insurers' capital efforts

It would be more benefitting for the life segment.

Chinese insurtech Waterdrop nabs $230m funding from Swiss Re, Tencent

Swiss Re reportedly invested $100m in the platform, a source said.

AIA's H1 operating profit grows but new business sinks

Limited face-to-face sales pushed VONB down.

Malaysia's life insurers suffer 12.6% fall in H1 total premiums

Investment-linked policies dropped 24.5%, triggering the fall.

China's economic rebound to test foreign insurers

The country is dominated by local insurers.

Pandemic drums up life insurance demand amongst Australia's wealthy

But it has also crippled away at HNWs trust on insurance providers.

Taishin Financial to acquire Prudential Taiwan for $187m

The country's financial regulator has yet to approve the deal.

Indian motor insurance segment to shrink 27.2% in 2020

Lockdown measures have snowballed into a decline in premium collections.

Singapore's life industry sales sink 13% in H1

Movement restrictions led to a 25% drop in annual premium business.

AXA mulls sale of Singapore unit

The insurer is trying to shift focus on P&C insurance.

Australia's travel insurers to contract 7.7% in 2020

The return of movement restrictions will haunt the sector.