Life and Health

vietnams-mof-finds-wrongdoings-by-four-insurance-companies

Vietnam´s MOF uncovers breaches by four insurers

July 12 2023

Four insurance companies will be penalised for breaching regulations in sale of insurance products through banks, with further investigations planned for 2023.

is-insurtechs-sluggish-growth-a-veiled-treasure-trove-of-future-opportunity2

Does insurtech's modest investment hide a wealth of future opportunity?

July 12 2023

New approaches to assessing risk could drive growth and offer better protection.

swiss-re-institute-emerging-asia-to-be-main-contributor-for-global-growth-but-inflation-poses-a-persistent-risk-for-insurers-1

SRI: Emerging Asia is main contributor for global growth, but inflation a persistent risk for insurers

July 11 2023

Swiss Re' Institute's latest report highlights positive APAC trends - including the rise of Emerging Asia and potential of the Indian market - however inflation risk remains a key concern.

Four APAC insurtechs make AIFintech100 list

July 10 2023

Fintech Global's Top 100 list showcases key AI fintech companies that are reshaping the financial services landscape.

A photo of people holding up bid cards. Hana Financial and KDB Life logos in top left corner.

Hana Financial Group joins bid to acquire KDB Life: Report

July 10 2023

The bid is seen as a means to remain competitive with direct rivals, who are also strengthening their non-banking arms through separate acquisitions.

covergo-signs-up-axa-hong-kong-and-macau

AXA Hong Kong streamlines distribution system by adopting CoverGo platform

July 10 2023

AXA has partnered with the insurtech to decrease time to market for new products and improve the overall customer experience.

Allianz Ayudhya blooms in Thailand post-Covid health market

July 10 2023

Allianz’s CEO says acquisition of Aetna’s Thai arm gives the insurer scale to meet increased customer appetite for health cover.

finance-ministrys-clampdown-on-irregularities-in-vietnams-insurance-sector-continues-report

Finance Ministry continues clampdown on Vietnam insurance companies: Report

July 7 2023

The Ministry of Finance are in the process of inspecting four P&C and six Life insurers, having discovered irregularities with four insurers already.

singlife-teams-up-with-microsoft-to-encourage-and-develop-ai-use-by-asean-tech-startups

Singlife & Microsoft partner to promote AI adoption among ASEAN insurtech startups

July 7 2023

The Singlife Connect Plus programme seeks to provide legal and compliance assistance, mentorship, and access to their products and services to eight startups.

generali-expands-global-reach-and-strengthens-asian-presence-with-acquisition-of-asset-manager-from-taiwans-cathay-life

Generali to expand global reach and strengthen Asia presence with acquisition of Conning

July 7 2023

The acquisition of the asset manager from Cathay Life is subject to regulatory approvals, but is expected to be completed in the first half of 2024.

chubb-life-nz-earns-outstanding-ratings-reinforces-position-in-new-zealand-insurance-market

Chubb Life NZ earns excellent ratings, reinforces position in New Zealand's insurance market

July 7 2023

Despite some challenges in 2021 and 2022, AM Best awarded Chubb Life NZ's ratings thanks to factors including its diversified distribution approach and prudent underwriting management.

iags-completes-renewals-with-global-reinsurers-after-finalising-5-year-deal-with-hannover-re

IAG completes renewals with global reinsurers after finalising 5-year deal with Hannover Re

July 7 2023

The Australian insurer renewed its 2.5% whole-of-account quota share arrangement with Hannover Re, marking the completion of all four of its reinsurance arrangements with global reinsurers.

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