Insurance
Chinese life insurance premiums to hit 13% in 2020
Traditional life insurance and health insurance to hit 10% YoY and 26% YoY.
Chinese life insurance premiums to hit 13% in 2020
Traditional life insurance and health insurance to hit 10% YoY and 26% YoY.
Insurance firms tap into big data for new products
Total assets of the 50 largest insurers went down 6.47% to $217b in 2019.
China Taiping floats first universal life plan for HNWIs
Infinite Universal will cover legacy planning, estate planning, and business continuity.
Low interest rate environment threatens South Korean life insurers' profits: report
Premium growth is suppressed by a weak economy and reduction of sales.
Singaporean insurance platform Singsaver secures brokerage license
They launched a platform that aims to tap into the $4b-worth local insurance market.
Singaporean regulator co-launches steering committee for the local insurance industry
It will monitor trends and identify emerging issues, collaborate with MAS on initiatives.
Indian insurers see modest growth for FY2020 at 4-15%
Coverage stocks will likely meet annual premium equivalent (APE) growth expectations.
Ping An invests $70m in Indian auto tech firm CarDekho
This is Ping An’s first venture investment in India.
Thai general insurance to hit $9.1b in 2019
Gross written premiums reached a CAGR of 3.1% between 2014 and 2018.
MS&AD and Manulife vie for Aviva's selected SEA assets
Aviva is seeking about $3b from the sale of its Singapore and Vietnam assets.
AXA Hong Kong's LifeDelight Insurance Plan goes live
The new plan offers life protection up to age 138.
Fintech and deeptech innovation take center stage in Singapore
SFF X SWITCH will be held from November 11-15.
New business premiums in life insurance down 2% to $1.97b in H1
The decline in single premium policies dragged half-year figures.
Beyond Japan: Sompo Holdings Asia's journey towards a sturdy retail platform
The insurer seeks to build and reinforce brand awareness for direct consumers in key Asia Pacific markets.
Here are the winners of the Insurance Asia Awards 2019
Over a hundred top executives graced the event.
AXA Insurance launches issuance investment-linked plan
Customers can choose a mortgage insurance premium running from 10-30 years.
Singapore's life insurance premiums to grow 5% in 2020
It will benefit from sustained demand for annual premium products.
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1. Hong Kong general insurance GWP to reach $10.9b by 2028 2. OCBC's bid for Great Eastern Life to boost sector valuations 3. Singlife introduces first market insurance for dementia care 4. Italian insurance-financial firm opens office in Singapore 5. SG’s life insurers see 32.2% leap in new business premiums in Q1’24Resource Center
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Jul
09
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Proactive dialogue with regulators, embracing tech advancements are key to preemptive compliance – EY's Anita Sun-Young Bong
![Proactive dialogue with regulators, embracing tech advancements are key to preemptive compliance – EY's Anita Sun-Young Bong]()
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The EY Partner reiterated that though innovation carries inherent risks, balancing it with risk management through crisis simulation systems ensures sustainable progress.
The EY Partner reiterated that though innovation carries inherent risks, balancing it with risk management through crisis simulation systems ensures sustainable progress.
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1. Hong Kong general insurance GWP to reach $10.9b by 2028 2. OCBC's bid for Great Eastern Life to boost sector valuations 3. Singlife introduces first market insurance for dementia care 4. Italian insurance-financial firm opens office in Singapore 5. SG’s life insurers see 32.2% leap in new business premiums in Q1’24Awards
Jul
09
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Firewalls are never enough