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- June 29 2018
Digital insurance platform market to grow 13.7% a year
Fuelling the growth will be the internet of things, as well as the shift of insurers' focus to customer-centric strategies.
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- June 28 2018
FWD eyes IPO in Hong Kong
Board chairman Richard Li is said to be laying the groundwork for a potential listing after five years of growth.
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- June 28 2018
Hong Kong, China consider insurance link
A special channel for the marketing, sale and processing of insurance products is being considered.
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- June 28 2018
Axa considers more fintech investments in HK
The French group intends to invest US$25.5m in the city this year as it steps up efforts to promote digitisation.
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- June 28 2018
Sun Life seeks to increase stake in Chinese JV
The move to establish a majority position is part of an effort to double profits in Asia during the next five years.
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- June 27 2018
Policybazaar raises $200m in latest funding round
The investment sees the Indian insurer become the latest startup to achieve unicorn status.
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- June 27 2018
Indian government defends LIC acquisition of IDBI
The state-owned insurer's move has been described as an acquisition, not a bailout.
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- June 27 2018
Generali raises stake in India JV
The Italian group is increasing its stake in Future Generali from 22.5% to 49% in a deal that could cost US$140m.
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- June 26 2018
Korean insurers record declining capital adequacy ratios
Industry officials have attributed the drop to a fall in the value of companies' assets.
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- June 26 2018
Insurance Asia News’ Awards for Excellence: Entries now open
Best insurers, reinsurers and brokers in 12 countries across the Asia-Pacific region to be recognised.
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- June 26 2018
Insurers in Singapore likely to raise premiums after losses
Six insurers have suffered losses since the launch of Integrated Plans in November 2015.
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- June 25 2018
MBK puts ING Life Korea stake on sale again
After several failed attempts, the Korean private equity fund continue to look for a buyer for its 59.15% stake.
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- June 25 2018
Vietnam’s biggest bank seeks insurance partner
Vietcombank is looking for a new insurance distribution partner in a deal that could be worth as much as US$1bn.
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- June 22 2018
Healthcare’s perfect storm
Costs in Asia are set to rise significantly as affordability is threatened by ageing populations and sedentary lifestyles.
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- June 22 2018
Korean insurers most highly exposed to rate hikes
The central bank has warned of a corresponding drop in the solvency ratio of many insurers.
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- June 22 2018
Manulife signs distribution deal in Cambodia
The agreement with Sathapana Bank was signed at a ceremony attended by the finance ministry and central bank.
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- June 22 2018
AIA names three new executives for Malaysian unit
Andrew Loh (CMO), Heng Zee Wang (CFO) and Eric Chang (CEO) take up the new senior roles.
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- June 21 2018
India’s general insurers post 12% growth
Gross direct premium underwritten rose in the first two months of the current financial year US$3.56bn.
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- June 21 2018
Global insurance industry to see more partnerships, says KPMG
Slow growth and fierce competition is fuelling more acquisitions and partnerships in the global insurance sector.
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- June 21 2018
Aon launches updated Thai flood model
The data focuses on the industrial estates heavily impacted by the 2011 floods.
