Wednesday, September 20, 2017

Digital

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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Indonesia’s Jiwasraya eyes capturing younger market

Indonesia’s Jiwasraya eyes capturing younger market

The government-owned insurer looks to tap the younger market in its plan of digitalising its distribution and sales.

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Tencent and investors sign HeTai Life deal

Tencent and investors sign HeTai Life deal

The Chinese internet giant invested through a subsidiary, while other shareholders include Citic Guoan and Munson Capital.

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Pokemon Go’s surprising health dividend

Pokemon Go’s surprising health dividend

Microsoft estimates the game has added a total of 144 billion steps to US physical activity.

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Online platforms drive growth in China

Online platforms drive growth in China

This year has seen some 330 million customers buy insurance through the internet.

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KBZ to launch insurance arm on Yangon stock exchange

KBZ to launch insurance arm on Yangon stock exchange

The company’s market capitalisation could be up to US$750m if it goes ahead with an IPO in 2017.

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Intermediaries to broaden insurance market share in China

Intermediaries to broaden insurance market share in China

Growth will be driven by smaller life insurers willing to sell wealth management products online.

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Chinese online insurance growing rapidly

Chinese online insurance growing rapidly

Total premium income for online insurance reached US$21.37 billion during the first half of 2016.

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Manulife-Sinochem banks on digitalisation

Manulife-Sinochem banks on digitalisation

The company’s new strategy is no longer just about numbers, but personal engagement with customers.

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Singapore to finance insurance tech startups

Singapore to finance insurance tech startups

Eligible startups will include those working on claims processing, fraud prevention and automated advice.

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SUMMER 2017

House of cards

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