News

Japan's life insurers keep focus on customers amidst pandemic

They will consider special measures for COVID-hit clients.

Japan's life insurers keep focus on customers amidst pandemic

They will consider special measures for COVID-hit clients.

Hong Kong regulator urged to push insurers on ESG disclosure: report

The regulator has yet to require the sector to do so.

China's P&C sector profits endangered over auto insurance reform

Auto insurance premium rates are expected tof all over the next two years.

Japan's P&C insurers can manage losses from Kyushu floods: analysis

Large industrial zones were not affected, which would limit potential losses.

Indonesia mulls closing state life insurer Asuransi Jiwasraya

Policies will be restructured and then turned over to a new company.

One-third of New Zealand's SMEs mull insurance changes

One in five is looking to increase its cover.

Malaysia's insurance sector sees quick recovery until 2030

The sector dodges contraction with a measly 0.9% premium growth this year.

FWD acquires MetLife Hong Kong

The company will rebrand and rename MetLife in the next few months.

India urges insurers to offer COVID-specific health policies

A lump sum benefit equal to 100% of the sum insured shall be payable.

South Korean insurers faced financial decay in Q1

Risk-based capital ratio declined 2.4pp to 267.2% in March.

Lower claims cushion Australian P&C insurers from market volatility

Effective policymaking has also protected the segment from external shocks.

Taiwan's general insurance sector to contract 1.7%

The sector is plagued by export and motor business downfalls.

China's insurance regulator extends preferential treatment to Hong Kong

The China Risk Oriented Solvency System has been extended until 30 June 2021.

Philippines issues rules on insurtechs' adoption of regulatory sandbox

All entities must gain the approval from the regulator.

China allows AIA to convert Shanghai branch into subsidiary

It is now the first foreign-owned life insurance subsidiary in the mainland.

FWD to invest in Indonesia's BRI Life

Existing BRI Life customers will not be affected by the investment.