News

Hiscox terminates DirectAsia sale to Ignite Thailand

August 8 2024

The London-listed specialty insurance company revealed that it is now “exploring other options.”

arch-insurance-australia-brings-accident-and-health-claims-in-house

Arch Insurance Australia brings accident & health claims in-house

August 8 2024

The move aims to provide brokers with “a comprehensive and streamlined end-to-end service.”

hong-kong-insurers-prepare-for-traditional-chinese-medicine-inclusion-in-health-insurance-scheme

Hong Kong considers expanding health insurance scheme to cover inpatient Traditional Chinese Medicine services

August 8 2024

Authorities are looking to expand the voluntary health insurance scheme, but a lack of TCM data means insurers may need to look to the mainland for guidance.

Shriram General Insurance set to re-enter crop insurance segment - report

August 7 2024

SGIC looking to re-enter the crop market following seven-year absence.

Generali Hong Kong supports over 500 families through 'nature experience program'

August 7 2024

Generali Group's 'The Human Safety Net' partners with NGO OneSky to help families in the Hong Kong district of Sham Shui Po.

india-bloc-parties-stage-protest-vs-gst-on-life-health-insurance-premiums

India bloc parties stage protest against GST on life, health insurance premiums

August 7 2024

MPs rally against 18% GST on insurance services, with one labelling the tax "insensitive thinking."

Fitch: Korean insurers foreign commercial real estate losses ‘tolerable’

August 7 2024

Korea’s insurers have felt the pinch from the global CRE downturn but strong capital levels mean that any pain should be manageable by the sector.

MAS defends Allianz-Income Insurance deal

August 7 2024

MAS plays down concerns about deal's impact on competition and insurance affordability in Singapore.

woori-to-acquire-tongyang-and-abl-life-from-chinas-dajia-insurance-group-report

Woori Financial signs MoU to acquire Tongyang and ABL Life Insurance - report

August 6 2024

Woori is now conducting due diligence on potential acquisition which would see it become the sixth largest life insurer in South Korea.

SBI General, HSBC India enters bancassurance partnership for non-life products

August 6 2024

Businesses team up to provide health, property, motor, and travel insurance to HSBC's customers.

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