Industry Segments: Health Page 3 / 17
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- January 25 2022
South Korea’s digital insurers face tough road ahead
Digital disruption is starting with motor insurance. Deeper market penetration may prove harder.
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- December 2 2021
GIC Re takes premium hit amid ‘bottom-line’ focus
The reinsurer tells IAN classes with higher claims are being avoided as health and marine business drops.
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- November 30 2021
PIC 2021: Asia’s L&H market faces climate change hit
The region's life and health markets face a massive protection gap which experts say is being made worse by a warming planet.
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- November 25 2021
India’s Star Health eyes US$7bn IPO—report
Reuters report says the insurer is expected to list on the Mumbai stock exchange in December.
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- November 16 2021
Health, personal accident drive Vietnam’s non-life market: AM Best
Intense competition and poor pricing conditions have prompted some insurers to reassess their motor business.
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- November 4 2021
South Korea to ease insurance licensing rules: FSC chair
The changes reflect ongoing industry diversification such as platform-based healthcare services.
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- November 3 2021
China’s motor reforms take a toll
P&C lines are down by 7.6% this year after the CBIRC's auto insurance revamp.
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- October 28 2021
Ping An’s net profit continues downward trend
Premium income at the insurer's P&C arm fell by 9.2% over the first nine months of 2021.
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- October 20 2021
HK’s Bowtie raises US$22.6m from Mitsui, Sun Life
The life and health digital insurer is looking to expand in the Greater Bay Area.
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- October 4 2021
RGA’s premium growth gets Asia boost: AM Best
Higher mortality rates due to Covid-19 have put the global life reinsurer under pressure over the last 18 months.
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- September 20 2021
Prudential to raise nearly US$3bn to boost Asia growth
The London-based insurer says it is particularly focused on China, India, Hong Kong, Indonesia and Thailand.
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- September 16 2021
Asia medical malpractice, clinical trials cover primed to grow
Newline Asia experts tell Lloyd's webinar that some claims costs are up 62% over the last nine years.
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- September 7 2021
Korea’s P&C space to see accelerated digital transformation: Fitch
Carrot General Insurance recently rolled out a pay-per-mile plan for electric vehicles.
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- August 30 2021
Macau Insurance sees ‘positive’ 2020 results: AM Best
The non-life player's performance was driven by a better net loss ratio in its medical and motor business lines.
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- August 30 2021
India’s second wave causes health premium surge
Bajaj Allianz booked a 480% increase — but claims are also sky-rocketing.
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- August 26 2021
Asia healthcare cover should reflect industry innovation: Lloyd’s webinar
Life science firms are increasingly in need of public liability, PI, medical malpractice and product recall cover.
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- August 26 2021
China Life’s H1 profits jump 34.2%
GWP growth at the life giant has been sluggish as the economy continues to recover from Covid-19.
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- August 23 2021
China’s Ping An Health to see ‘robust’ growth: AM Best
The insurer's net profit increased by 47% to US$92m in 2020.
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- August 18 2021
Korean insurers face competition from fintech powerhouses: Moody’s
The digital "arms race" will Big Tech will be a credit burden for some incumbent insurers.
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- August 16 2021
HSBC Insurance purchases Axa Singapore for US$575m
The deal would make HSBC the Lion City's seventh largest life insurer.