-
- August 13 2018
Zurich beats profit expectations
Income in the first six months of the year rose 19% to US$1.8bn, surprising analysts.
-
- August 10 2018
DHFL, SVC Bank enter bancassurance deal
The partnership is in line with DHFL's strategy to grow its business on the back of simple, customer-centric solutions.
-
- August 10 2018
Suncorp confirms sale of life insurance unit to Dai-ichi Life
Australia's second-biggest general insurer will generate US$540m from the sale to the Japanese group.
-
- August 10 2018
Ping An eyeing Pru’s Asia business
The Chinese insurer has reportedly already sought its government’s initial approval on the matter.
-
- August 9 2018
Munich Re to quit coal-related investments
It will limit investments in companies that derive more than 30% of their business from burning coal.
-
- August 9 2018
China resumes inquiry into insurance officials
Close to 40 regulatory personnel have been under investigation since mid-July.
-
- August 8 2018
Chubb launches flight delay insurance in Australia
Offered in partnership with Swiss Re, the new policy pays out automatically for delays as short as 30 minutes.
-
- August 8 2018
Starr acquires Aspen’s aviation business
The value of the aviation book is estimated to be in excess of US$50m in gross written premiums.
-
- August 8 2018
Symbo buys ReLeague digital reinsurance platform
The Singapore-based insurtech has added reinsurance to its offerings in direct insurance.
-
- August 7 2018
Philippines not ready for takaful
The Insurance Commission has said that the country is not yet ready to introduce Islamic insurance.
-
- August 7 2018
MSIG Insurance partners with Plug and Play in Singapore
The partnership will focus on digital, operational efficiencies and encouraging innovation in the region.
-
- August 7 2018
Thai non-life sector faces profit squeeze
Margins could be constrained by intense pricing competition following premium deregulation.
-
- August 6 2018
Fubon Life fined for inadequate documentation
Poor record keeping of company business practices has resulted in fines of US$411,000 by the FSC.
-
- August 6 2018
AIG profit down 17%
Issues within its general insurance business weighed on the profit of AIG during the second quarter.
-
- August 6 2018
Online insurance set for dramatic growth in India
The sector is expected to grow to US$8.7bn over the next five years, according to RenewBuy CEO.
-
- August 3 2018
India’s cabinet approves IDBI-LIC stake deal
Life Insurance Corporation will buy a 51% controlling stake in the debt-laden IDBI Bank.
-
- August 3 2018
Labuan IBFC eyes further growth in captive business
The centre has already approved another four captives this year, compared to six in the last financial year.
-
- August 3 2018
Aviva records 28% growth in new business in Asia
The result for the first half of the year was driven primarily by robust growth in Singapore.
-
- August 3 2018
Stable outlook for China’s P&C insurers amid crackdown
The outlook is underpinned by regulatory measures that protect the industry from intensified motor insurance competition.
-
- August 2 2018
Milliman Research Report – Regulatory diversity across Asia
An analysis of Asia’s life insurance regulations
