News

Prudential, Bangkok Dusit Medical Services team up to offer breast cancer services

This coverage includes treatment costs and specific accommodation expenses.

Prudential, Bangkok Dusit Medical Services team up to offer breast cancer services

This coverage includes treatment costs and specific accommodation expenses.

Philippine micro-insurance premiums rise 14% in 2022

Total lives insured under micro-insurance products reached 57.8 million.

Korean reinsurance jumps 15.3% in 2022

There is higher demand for reinsurance and co-insurance, Korea Re said.

MAS floats raising deposit insurance coverage to S$100,000

This will result in 91% of deposits being fully covered by deposit insurance.

Philippine life insurance up 3.30% in first quarter

Total assets accumulated for the quarter reached P1.71t.

Chubb appoints new COO of global reinsurance

This appointment is effective immediately.

Allianz Global announces new CFO for corporate and specialty

Claire-Marie Coste-Lepoutre will take over Oskar Buchauer.

Australian regulator flags Medibank for cyber incident

Medibank will face an AU$250m ($168m) increase in its capital adequacy requirement.

Singlife becomes signatory of UN-supported Principles for Responsible Investment

It is reportedly the first Southeast Asian insurer to become a signatory of PRI.

Fubon Insurance surplus to keep momentum after capital injection: analyst

The insurance company was also described to have an adequate balance sheet.

Mitsui Sumitomo Insurance's strategic initiatives to drive performance: AM Best

Potential risks may arise from MSI’s stock investments and bond holdings.

Singlife allies with Aspire to enhance financial accessibility of SMEs

SMEs can access services, including financial software and affordable business insurance.

Asian Re should improve business plan for better underwriting output: AM Best

Asian Re is anticipated to face ongoing market and regulatory challenges.

Global protection gap reaches $1.8t in 2022

Asia Pacific among emerging economies to witness improvement in natural catastrophe resilience.

Five HK banks, HKECIC team up to underwrite risk on domestic sales in China

The collaboration targets to boost insurance protection for Hong Kong exporters.

Hong Leong Bank, Chubb Life collaborate to offer life insurance in Vietnam

The bank’s range of life insurance solutions is in line with its goal of financial inclusion.

Hong Kong life insurance market to improve in two years: S&P

The life segment is predicted to jump by 20% o 25% in 2023.