Monday, July 24, 2017

Digital

Indian insurers bullish on continued growth momentum

Indian insurers bullish on continued growth momentum

The country’s general insurance industry says that 20% annual growth will be sustainable in the coming years.

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Swiss Re and Ping An combine to launch typhoon solution

Swiss Re and Ping An combine to launch typhoon solution

The two companies have launched China’s first mobile-enabled typhoon property parametric insurance solution.

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China’s ZhongAn files US$1.5bn IPO in Hong Kong

China’s ZhongAn files US$1.5bn IPO in Hong Kong

China’s first internet-only insurer may launch its initial public offering before the end of the year.

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Ageas, EastWest launch Philippines digital venture

Ageas, EastWest launch Philippines digital venture

Troo will address access to health care, education for children, as well as support during retirement.

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Allianz seeks to accelerate growth in Asia

Allianz seeks to accelerate growth in Asia

The German insurer is planning to catch up with European competitors in the region, such as Prudential and AXA.

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Zhong An’s Hong Kong IPO expected July or August

Zhong An’s Hong Kong IPO expected July or August

The Chinese online insurer is expected to list as early as July or August to raise up to US$2b.

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Offline life firms dominate Korea’s online market

Offline life firms dominate Korea’s online market

Savings-type policies offered by traditional insurers are a hit with internet users in the country.

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Kyobo Life joins Korea’s insurance blockchain project

Kyobo Life joins Korea’s insurance blockchain project

The project will develop and implement an automatic payment system for small claims to policyholders.

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Axiata Digital closes US$16.8m investment in Swedish startup

Axiata Digital closes US$16.8m investment in Swedish startup

Insurtech player Bima brings microinsurance services to underserved families in emerging markets.

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BIMA aims to insure 1 billion people worldwide

BIMA aims to insure 1 billion people worldwide

The insurance firm provides mobile-delivered insurance and health services in emerging markets.

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Blockchain’s insurance revolution

Blockchain’s insurance revolution

While bitcoin itself remains a wild frontier, the underlying technology of blockchain is evolving into a powerful insurance tool.

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Zhong An to sell up to 10% stake to investors

Zhong An to sell up to 10% stake to investors

China’s first internet-only insurer intends to raise funds before its planned initial public offering.

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Malaysia crafts new privacy rules for banks, insurers

Malaysia crafts new privacy rules for banks, insurers

The act aims to protect data privacy and security by laying down codes of conduct in specific industries.

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China’s JD.com mulls online insurance business

China’s JD.com mulls online insurance business

One of China’s e-commerce giants is set to launch an internet insurance service.

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S Korean insurers post 34.3% rise in online sales

S Korean insurers post 34.3% rise in online sales

Non-life firms sales had risen to a total of W1.4 trillion (US$1.19 billion) in 2016.

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Breaking the digital ceiling

Breaking the digital ceiling

Could 2017 could be the year that digital and insurtech solutions break into the mainstream in Asian insurance markets?

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Aviva to merge units and focus on online selling

Aviva to merge units and focus on online selling

The UK company’s life and general insurance businesses will combine as part of a shift to digital sales.

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Aegon Life forecasts online insurance growth in India

Aegon Life forecasts online insurance growth in India

Buying insurance products in the country will soon be similar to booking a plane ticket online.

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Alexander Howell, Swiss Re Corporate Solutions

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