Subject: Digital Page 5 / 19
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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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- 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 20 2021
SE Asia personal lines set for digital transformation
Online premiums for travel, accident and home insurance in southern Asia could reach US$7.5bn by 2025.
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- October 19 2021
Hong Kong digital insurer Avo raises HK$260m
The digital insurer recorded gross written premiums of HK$1m in 2020.
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- October 19 2021
Thailand’s insurers ‘wake up’ to digital amid muted growth
Local expert tells IAN the industry needs to embrace change post-pandemic.
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- October 14 2021
South Asia digital P&C personal premiums to hit US$7.5bn: Swiss Re
Report says the figure will be reached within five years with digital penetration currently 1-2%.
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- September 16 2021
Digital ecosystems boost Asia’s insurtech space: CapGemini
The consultancy firm says Ping An has earmarked US$14.5bn for research and development over the next decade.
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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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- September 2 2021
Singapore broker g&m acquires Anda from Marsh
The P&C player says it will continue to seek out suitable acquisition opportunities.
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- September 1 2021
Lloyd’s Asia eyes ESG, tech improvements: webinar
New underwriting guidelines on coal and oil sands come alongside an increased focus on digital claims.
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- August 30 2021
Insurtech OneDegree raises US$28m and targets China, Singapore
The virtual insurer plans to move into human health and digital asset insurance and has global ambitions.
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- August 23 2021
Indonesia’s Lifepal insurtech raises US$9m in Series A round
The digital player offers over 300 policy types across motor, health, life and travel through over 50 insurers.
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- August 23 2021
South Korea’s P&C insurers increase profits 88%
But established firms face competition from tech-savvy startups as new regulations ease barriers to entry.
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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
China’s crackdown on digital insurers to favour incumbents
The CBIRC's criticism of “internet insurance chaos” to benefit the segment in the longer term.
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- August 6 2021
Insurers wary as Singapore targets digital assets
MAS has licensed its first crypto exchange, but such assets are still difficult to insure.
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- August 4 2021
Sun Life appoints trio to strengthen Asia digital team
Cassandra White, Darren Pigg, Aneesh Chaudhry all take on senior leadership roles.
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- July 26 2021
Generali’s Leonardi on Malaysia M&A and the evolution of distribution
The Hong Kong-based Asia head says there is a greater demand for digitalisation and innovation.
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- July 26 2021
Korea’s FSC gives three insurers more room to play in regulatory sandbox
Toss, DB and NongHyup Life Insurance to enjoy greater flexibility for online sales and marketing.
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- July 22 2021
Japan’s MS&AD makes second investment in US insurtech Next
The group is looking to gain insights into the Silicon Valley company's digital SME strategy.