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Insurtech
AIFT, Shin Kong Life team up to launch digital services in Vietnam’s insurance market
June 5 2025
Firms will combine AIFT’s SaaS platform with Shin Kong Vietnam’s market expertise to develop an online-to-offline model.
Bolttech raises US$147m in Series C funding, reaches US$2.1bn valuation
June 5 2025
Series C round included new investors Sumitomo Corporation and Iberis Capital.
Master niche markets before scaling: insurtech CEOs
June 4 2025
Insurtech leaders outlined approaches to growth while balancing the needs of the market and venture capital.
Fitch affirms Bolttech Insurance Hong Kong's rating despite sharp fall in net income in 2024
June 3 2025
90% decline in net income comes following significant reserve release in 2023 alongside slower topline growth, but Fitch projects profitability to normalise going forward.
bolttech and Sumitomo Corporation form JV to offer embedded device services in Asia
May 8 2025
The initial focus is on a device upgrade program in Southeast Asia.
Bowtie introduces critical illness cover for kids, pregnant women in Hong Kong
May 8 2025
Digital insurer's product introduces coverage for genetic diseases, which are typically excluded from existing medical insurance plans.
South Korea's Hanwha General Insurance increases stake in Carrot to 98.3%
May 1 2025
Hanwha increases its stake in the digital non-life insurer from 88.3% with KRW 205.6bn (US$144.43m) share acquisition.
Amid slower general insurance growth, India’s smaller players surge
April 29 2025
Smaller and digital-first insurers are driving premium growth across India’s general insurance sector.
Chinese insurance brokerage Yuanbao aiming for US$676m valuation in US IPO: Report
April 28 2025
The online insurance intermediary filed for its IPO in September.
Fook Choon Kang joins Aon's PathWise as Associate Director
April 25 2025
Kang brings 14 years of actuarial modelling experience across Asia.
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