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Singapore's life insurance business premiums up 20% to $2.02b in H1
There was an uptake in both single and annual premium products.
Singapore's life insurance business premiums up 20% to $2.02b in H1
There was an uptake in both single and annual premium products.
Indian insurers to shoulder interest payments of delayed rural claims
Companies failing to clear crop loss claims within 2 months have to pay with 12% interest.
Thai life assurance business premiums up 5% to $9.38b in H1
Bancassurance and insurance agents drove growth.
China to launch national medical insurance by 2019
Urban and rural residents will enjoy equal benefits.
Hong Kong insurance sector taps on rattled Chinese market
New business premiums from Mainland clients hit $11.8b in Q1.
Here are the winners of the Insurance Asia Awards 2018
Over 250 trophies were awarded to winning banks and insurers.
Asia at risk with cyber insurance scarcity
The region's cyber insurance take-up rate is negligible at only less than 6%.
Here are the 5 key technologies in Asian insurers' digitalisation push
They lead in investment, in-memory analytics, and cloudbased analytics solutions.
Japanese P&Cs face fierce price war risk
E-commerce giant Rakuten and other players may "threaten" the country's insurance market.
Asia still lags in insurtech amidst 169% growth in deal values
Deals in Asia-Pacific account for only 7% of the the global share.
Life annuity scheme launched for Hong Kong's senior citizens
Men will receive a monthly payout of $5,800 whilst women get $5,300.
Japanese insurers embrace third-sector medical policies to weather ultra low rates
They rose 9% whilst individual annuity policies plunged 56% in fiscal 2017.
Singapore government unveils revamped insurance scheme for seniors with disability
CareShieldLife will be rolled out by 2020.
World's first blockchain marine insurance platform rolled out
‘Insurwave’ can help manage risk for more than 1000 commercial vessels in its first year.
Singapore listed insurance trio posts 8.6% return in May
The three insurers performed strongly despite intensified competition.
Korean life insurance net income crashes 21.7% to $316.9b in Q1
Blame premium income from savings-type insurance products which plunged by $2.5b.
China's online property insurance premiums surge 30.9% to $2.26b in Q1
The quarterly growth reverses a slight decline registered last year.
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Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
