Insurance

Chinese P&C insurers' digitalisation efforts beat Hong Kong and Japan

Ping An P&C’s motor insurance service uses image recognition to provide repair estimates based on submitted pictures.

In Focus

Chinese P&C insurers' digitalisation efforts beat Hong Kong and Japan

Ping An P&C’s motor insurance service uses image recognition to provide repair estimates based on submitted pictures.

In Focus

Aviva SIngapore's life and health VNB surged 47% in H1

Growth was driven by the insurer’s financial advisory channel.

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Here are the winners of the Insurance Asia Awards 2018

Over 250 trophies were awarded to winning banks and insurers.

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Digital insurance revolution

How long did it take to sell 240,000 insurance policies online in 2017? Most insurance leaders across Asia guess “at least a few weeks.” The reality...

Commentary

How robotics and cognitive automation will transform the insurance industry

The use of robots to drive tangible business benefits is very much a reality today. According to Transparency Market Research, the global IT-enabled...

Commentary

Breathing life into life insurance

Life insurance companies are under pressure. Their traditional business model is stagnating. Since 2014, premiums for U.S. life insurers have fallen...

Commentary

Global CEO survey: What we're seeing in the insurance sector

One of the key findings of PwC’s 21st Global CEO Survey is that whilst insurance continues to be one of the most disrupted sectors in the global...

Commentary

Asia at risk with cyber insurance scarcity

The region's cyber insurance take-up rate is negligible at only less than 6%.

News

Here are the 5 key technologies in Asian insurers' digitalisation push

They lead in investment, in-memory analytics, and cloudbased analytics solutions.

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Japanese P&Cs face fierce price war risk

E-commerce giant Rakuten and other players may "threaten" the country's insurance market.

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Asia still lags in insurtech amidst 169% growth in deal values

Deals in Asia-Pacific account for only 7% of the the global share.

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Are you an ecosystem insurer?

Analysts say that the rewards for working in a digital ecosystem are worth the effort.

In Focus

Etiqa Insurance Singapore rolls out home protection plan

In the event of a fire, policyholders can receive $3,668 cash allowance within the day.

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Etiqa Insurance streamlines motor insurance claims process

The insurer claims to have slashed the approval time from as much as 2 days to 30 minutes.

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Fire insurance in Japan receives profit boost to offset dismal auto underwriting

The advisory rate revision will reflect increased losses from natural catastrophe and water leakages.

In Focus

Life annuity scheme launched for Hong Kong's senior citizens

Men will receive a monthly payout of $5,800 whilst women get $5,300.

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RHB launches mobile app for motor insurance and road tax

Users can purchase motor insurance policies within three minutes.

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