Wednesday, September 20, 2017

Countries

Singapore sees first digitised direct insurance broker

Singapore sees first digitised direct insurance broker

Startup app PolicyPal will begin operating under its subsidiary BaoXianBaobao this week.

Read full article

Willis Towers Watson hires P&C consulting head for S Asia

Willis Towers Watson hires P&C consulting head for S Asia

David Maneval will be responsible for developing the non-life insurance consulting practice across Singapore, Thailand, Indonesia, Malaysia and Vietnam.

Read full article

Fairfax buys stake in rival of Indian partner

Fairfax buys stake in rival of Indian partner

ICICI Lombard has agreed to allow the Canadian company to buy a 49% stake in nonlife startup Digit.

Read full article

Japan insurers review regional risks

Japan insurers review regional risks

Leading nonlife insurers are re-evaluating damage risks to improve their premium pricing.

Read full article

Prudential, Great Eastern name new Singapore hires

Prudential, Great Eastern name new Singapore hires

Roy Lim becomes chief agency officer for Prudential while Wee Ai Ning is promoted to CIO at Great Eastern.

Read full article

PICC eyes South-East Asia acquisitions

PICC eyes South-East Asia acquisitions

China’s biggest non-life insurer may see a couple of deals happening before the end of this year, according to a company executive.

Read full article

Indian insurers bank on blockchain

Indian insurers bank on blockchain

Some 13 Indian insurance firms plan to use the technology to create a storehouse of policyholder data.

Read full article

Investment income lifts China Life profits

Investment income lifts China Life profits

Net income rose by 17.8% in the first six months of the year, driven by an 11.45% investment return.

Read full article

China Life, Baidu to raise US$1bn for tech investments

China Life, Baidu to raise US$1bn for tech investments

The two companies will partner in a private equity fund targeting middle to later stage companies.

Read full article

Philippine brokerage activities show modest hike

Philippine brokerage activities show modest hike

Premium income reached US$994m in 2016, representing an increase of 2.46% from 2015.

Read full article

Anbang Life’s credit rating lowered

Anbang Life’s credit rating lowered

A Chinese rating agency has downgraded the insurer three months after CIRC curtailed its operations.

Read full article

JLT and Munich Re launch Philippines parametric product

JLT and Munich Re launch Philippines parametric product

The two companies will jointly develop and offer an insurance solution to cover typhoon risks.

Read full article

Mitsui Sumitomo to buy Singapore’s First Capital

Mitsui Sumitomo to buy Singapore’s First Capital

The deal will see it pay US$1.6bn to the existing owner, Canada’s Fairfax Financial Holdings.

Read full article

Tokio Marine & Nichido Fire enters Cambodian market

Tokio Marine & Nichido Fire enters Cambodian market

The Japanese insurer has established a representative office in the capital Phnom Penh and will start operations year end.

Read full article

Lazada, AIG forge online cover deal in Malaysia

Lazada, AIG forge online cover deal in Malaysia

South-East Asia’s biggest e-commerce platform has teamed up with AIG to sell insurance on its platform.

Read full article

Chubb names new Singapore financial lines head

Chubb names new Singapore financial lines head

Johannes Gschossmann will lead day-to-day management of the portfolio, including all underwriting and market-related activities.

Read full article

Philippines social security seeks private insurers

Philippines social security seeks private insurers

The state-run programme is planning to tap private companies to insure 35 million of its members.

Read full article

Japan Post additional sell-down likely delayed

Japan Post additional sell-down likely delayed

The government may have to wait until 2018 to further sell down its stake if price remains weak.

Read full article

Partner Content

White Papers

Follow InsuranceAsia News

Print Edition

SUMMER 2017

House of cards

From supply chains to cyber, we discuss emerging risks with a roundtable of Singapore risk managers