Tuesday, January 23, 2018

Digital

Fintech start-up Jirnexu banks on insurance as growth driver

Fintech start-up Jirnexu banks on insurance as growth driver

The South-East Asian financial technology startup has said that insurance will account for up to 30% of its growth.

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Ping An value hits US$101bn in 2017

Ping An value hits US$101bn in 2017

The stock of Ping An Insurance Group Co continues to soar, despite the lack of hype that insurers have as compared with tech companies.

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Aviva-Cofco launches big data collaboration with Tencent

Aviva-Cofco launches big data collaboration with Tencent

The project will focus on combating financial fraud, developing AI and improving risk management.

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Allianz invests in microinsurance firm BIMA

Allianz invests in microinsurance firm BIMA

The company has invested US$96.6 million in the company, which sells insurance products via mobile phone.

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Half of SMEs will buy insurance online

Half of SMEs will buy insurance online

The insurance market for small and medium-sized enterprises is set to completely change, says PwC.

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Eight Korean insurers tap online-only bank

Eight Korean insurers tap online-only bank

K Bank has released 20 savings and protection “mobilessurance” policies through a mobile app.

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Hong Kong insurers attract buyers seeking M&A-driven growth

Hong Kong insurers attract buyers seeking M&A-driven growth

US and European insurers look to Asia amid low growth and even lower interest rates, according to new research.

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Insurance M&A increases in value

Insurance M&A increases in value

“Fewer in number, but higher in value” says Willis Towers Watson in its recent survey.

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Chinese internet-only insurers still register losses

Chinese internet-only insurers still register losses

The profits of China’s four online-based insurers saw a rise in premium income, but still ended up registering a loss.

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ZhongAn Online to apply AI to improve service

ZhongAn Online to apply AI to improve service

China’s first online-only insurance firm says that it plans to deploy artificial intelligence to improve its offering.

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Prudential launches fintech programme in Singapore

Prudential launches fintech programme in Singapore

The Pru Fintegrate partnership programme will see the company co-develop digital solutions.

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Yunfeng’s MassMutual acquisition to take another year

Yunfeng’s MassMutual acquisition to take another year

It could take at least one year for the Chinese group to complete its US$1.7 billion acquisition.

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Drastic changes ahead in China’s insurance sector

Drastic changes ahead in China’s insurance sector

The government plans to implement changes in policies, environment and technology, according to CIRC.

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HK regulator to fast track online-only insurers

HK regulator to fast track online-only insurers

Companies applying to operate online-only insurance firms in Hong Kong can expect faster processing of their applications.

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ZhongAn debuts in Hong Kong

ZhongAn debuts in Hong Kong

Shares in China’s first online insurer got off to a flying start, but the company faces challenges.

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ZhongAn raises US$1.5bn in HK IPO

ZhongAn raises US$1.5bn in HK IPO

China’s first internet-only insurer priced its initial public offering at the top of the indicated range.

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Interconnected insurance

Interconnected insurance

We speak to data centre and interconnection specialist Equinix’s James Maudslay about the industry’s progress in digitisation.

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ZhongAn eyes HK expansion after IPO

ZhongAn eyes HK expansion after IPO

The company is looking to sell life insurance and other healthcare products in the territory after it lists on HKEx.

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