News
MAS fines 4 entities S$3.8m for failures in anti-money laundering controls
DBS and OCBC are fined S$2.6m and S$600,000, respectively.
MAS fines 4 entities S$3.8m for failures in anti-money laundering controls
DBS and OCBC are fined S$2.6m and S$600,000, respectively.
Manulife Hong Kong scales up China hospital network
It has expanded into more than 3,000 hospitals across mainland China.
Aspen names new chief operations officer for insurance
Robert Tartaglia will begin his new role as COO on 3 July.
India's competition entity approves HDFC’s request to increase shareholding in HDFC Life, Ergo
HDFC increased its shareholding in the two entities to more than 50%.
CIMB collaborates with Sun Life and CTOS, to introduce ASB financing solution
It aims to amplify financial literacy amongst Malaysians.
AXA, Carbon Wallet partner to reward green lifestyle
This partnership incentivises actions toward a sustainable lifestyle.
NEXEA allies with Allianz, Exitra, Spritzer for start-up support
The collaboration aims to boost the growth of the startup ecosystem in Malaysia and beyond.
India’s non-life insurance premiums expand slower in May
Indian non-life insurance market is projected to grow by approximately 13-15% in the medium term.
OCBC buys more Great Eastern shares for S$39.9m
OCBC now owns 88.4% of its subsidiary’s shares.
IT investments to impact FWD General Insurance’s profitability: Fitch
The insurer will complete a significant portion of its IT investments by the first quarter of 2024.
Tech is key for ESG reporting: Ping An Insurance chief
The company also announced its dedication to expanding green finance and striving for carbon neutrality in its operations by 2030.
Lexasure, Qornerstone forge partnership to boost real estate risk mitigation products
Insurance products will cater to residents of Singapore and Malaysia.
AXA Hong Kong, Macau unveil insurance for domestic helpers
The coverage offers employees compensation up to HK$100m.
MSIG Asia boosts regional team with new CTO, risk head
William Song is the new Chief Technical Officer while Felicia Er will take his former role.
Manulife Asia names Phil Witherington as new CEO
Phil Witherington is named as President and Chief Executive Officer (CEO) of Manulife Asia.
livi bank, FWD General Insurance launch pet care insurance
Survey shows that 77% of pet owners have not purchased any pet insurance.
Malaysia-based digital insurer, bike manufacturer inaugurates bicycle insurance
This will provide cyclists protection against damages and theft.
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Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
