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- December 12 2016
Philippines pushes wider insurance access for SMEs
Legislators are working on a government subsidy of the insurance premiums to be paid by smaller businesses.
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- December 12 2016
Singapore motor insurance industry set for growth
The sector is buoyed by growing rental business, more use of telematics and a trend of younger buyers.
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- December 9 2016
Taiwan premiums set to break record
Total premium payments collected this during the first 10 months of this year is up by more than 6%.
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- December 9 2016
Insurers failing on climate risk
The sluggish response toward climate risk has left an annual US$100 billion gap of uninsured losses.
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- December 8 2016
Indonesia’s larger infra budget to benefit insurers
Indonesia will see a bigger infrastructure budget for 2017 and it will be favourable to many insurers.
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- December 8 2016
Regulators map out sustainable development
The international network will promote cooperation on issues such as climate change.
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- December 8 2016
Diversification, innovation key to growth, says Swiss Re
Industry players in Asia may find opportunities in the market’s low penetration rate and diversification strategies.
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- December 8 2016
MAA boosts stake in Philippines general insurer
MAA General Assurance Philippines will soon become a subsidiary firm of MAA Group.
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- December 7 2016
KPMG adds three actuarial partners in Hong Kong
Paul Melody and Marco Warmelink join from Willis Towers Watson, while Michael van Vuuren joins from EY in London.
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- December 7 2016
Liberty Mutual agrees to acquire Ironshore for US$3b
The specialty insurer is being sold by Chinese conglomerate Fosun, which had been considering an IPO.
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- December 7 2016
Stable outlook for Japanese life industry, says Moody’s
After a protracted period of low interest rates, the ratings has agency changed its outlook from negative to stable.
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- December 6 2016
SCOR veteran to head PartnerRe life & health business
Marc Archambault, previously CEO of Asia-Pacific for SCOR Global Life, will be replaced by Craig Ford.
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- December 6 2016
US private equity joins race to acquire SBI Life
Blackstone, KKR and Bain are now competing with GIC and Canada Pension Plan Investment Board in the bidding.
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- December 5 2016
Cyber premiums to triple by 2020
Growth expected as the EU imposes new rules that will promote protection of data starting 2018.
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- December 5 2016
Singapore’s health ministry explains MediShield disparity
Relatively large premiums are expected to cover claims that recur and stretch to the future.
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- December 5 2016
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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- December 2 2016
Mainlanders’ spending on HK insurance doubles
A total of US$6.3b was spent on Hong Kong insurance products during the first nine months of the year.
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- December 1 2016
Aetna to establish innovation hub for Asia
Based in Singapore, the hub will develop tailored healthcare solutions for local markets across the region.
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- December 1 2016
Digital sales will usurp insurance agents, says Aviva CEO
Agents are going to lose their relevance as insurers turn to digital platforms in generating revenues.
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- December 1 2016
Reinsurers still optimistic in challenging market
Despite the ongoing softening global reinsurance market cycle, some industry leaders remain upbeat.
