What if insurance became a utility? ... Asia's life insurance market has strong growth prospects amid Covid: AIA Group CEO. Chubb announces new appointments for Asia Pacific’s Property & Casualty team. Ping An Property & Casualty Named Digital Insurer of the Year by Insurance News Asia. New York, New York - February 12, 2020. Chubb appoints Eric Kwan as Division Head of Property & Casualty in Singapore . Grab and ZhongAn International, the international arm of the Chinese insurance giant, said today they will create a joint venture that will provide digital insurance services across Southeast Asia. As a trusted service provider in Asia, ARB has been an unrivalled brand servicing its … PHOTO: The Nation/Asia News Network The Thai insurance regulator has approved Covid-19 coverage for foreigners entering Thailand, including those from high-risk countries. ... transformation to focus on its strongest businesses continues with the sale of its remaining Italian Life and General Insurance businesses (“Aviva Italy”) for €873m in cash. secures US$364K seed funding | Digital News Asia Starting from 16 February 2015, China Insurance Regulatory Commission (CIRC) has announced the new regulatory changes on universal life insurance products. ... Chubb expands Transactional Risk Insurance capabilities in Asia Pacific. Through a holding company in China, the insurer will acquire the stake in Allianz China Life Insurance from joint venture partner Citic Trust. Catalina Holdings, the Bermuda-headquartered non-life run-off and legacy insurance and reinsurance specialist, is set to acquire Asia Capital Reinsurance Group in a strategic move aiming for growth in Asia. 02/04/2021. News. Insurance News in Asia, Insurance Industry Updates: China, Singapore, Indonesia, India Thursday, February 26, 2015. SINGAPORE, March 8, 2021 /PRNewswire/ -- Budget Direct Insurance has once again won the highly coveted Platinum Trusted Service Award 2021 for delivering exceptional customer service year after year. The 56th International Insurance Society (IIS) Global Insurance Forum is taking place on June 8 – 10, 2020 in New York and will bring together thought leaders from all sectors of insurance and all regions of the globe to discuss the future of the insurance … Asia Insurance is honored to announce our new collaboration with CUHK Medical Clinic for the development of a new in-network Day Case Endoscopy started in April 2019. Watch CNA live. By Microsoft Asia News Center 27 May, 2019. Those interested will be vying for one life insurance licence and one general insurance licence. 08-Mar-2021 Informative articles concerning East Asia. Asia Reinsurance Brokers (ARB) is an independent broker who specialises in reinsurance, insurance risk solutions, risk management mitigation, analytics and cyber risk management. Asia Insurance News Your one stop for news affecting insurance industry in Asia . Latest news releases, research reports and publications as well as our multimedia library. Insurance Business provides daily news, opinion and analysis for insurance brokers and advice professionals. Indonesia: Reinsurer expected to maintain selective underwriting Tugu Reasuransi Indonesia's (Tugure) non-life combined ratio stood at 105.7% by end-2020, higher than the 103.2% by end-2019, notes Fitch Ratings. insuranceNEWS.com.au is a free online daily news bulletin for Australia's general insurance industry and the wider financial services community. PRESS RELEASE PR Newswire . Asia Insurance Review contact details, Twitter, news, reports and events. For 34 staff at a Japanese insurance firm, that vision just became a reality. September 23, 2016. Universal Life Insurance Regulatory Changes China February 2015. An online magazine that deliver the latest industry news, opinion and analysis from government and regulatory bodies, platforms, underwriters and insurance firms. expired insurance News: Find latest news, video & photos on expired insurance. The Asia-Pacific insurance industry is still riding a strong growth spurt, driven by China but also buoyed by positive performance in South Korea. Allianz (China) Insurance Holding Co., Ltd. (AZCH) and CITIC Trust Co., Ltd. (CITIC Trust) have signed an equity transfer agreement for AZCH to acquire 49 per cent of the shares of Allianz China Life Insurance Co., Ltd (AZCL) from CITIC Trust. Contact us . Please contact your local office for details on the relevant products and services in your country. Insurance news Asia - Asia Reinsurance newshttps://ReinsuranceNews.com #Reinsurance #ReinsuranceNews This new collaboration aims at providing professional medical services to our clients and … Expert News, Analysis and Opinion; Premium content; ... Ex-Lloyd’s Asia Pacific CEO Kent Chaplin has joined New Zealand’s Delta Insurance Group on a full-time basis with the executive shifting from being an advisory board member to the company’s permanent chief operating officer (COO). Both premiums and penetration have risen. Our media teams around the world. Digital News Asia January 18, 2019 The web application is a simple and accessible tool for users to organise their estate and wishes Allianz Malaysia to offer insurance products via 11street Latest news on financial services and insurance resources on CNBC.com. Nov. 11, 2020, 09:30 AM. Media contacts. Share on Facebook (opens new window) Share on LinkedIn (opens new window) Share on Twitter (opens new window) Auto insurance is becoming a lot easier and quicker – with the help of artificial intelligence and smartphones. Insurance News for the Property Casualty Insurance Industry from Insurance Journal. However, some mature markets have struggled as their populations age and consumer expectations shift. Not all products or services listed are available in all jurisdictions or to all customers. 6 talking about this. Southeast Asia's latest news, current affairs, politics and regional issues. Insurance and financial products and services are provided by licensed members of Sompo Holdings Asia. More importantly, insurance penetration is less than 5% in India, Indonesia, Mainland China and Malaysia, signaling a significant amount of unmet demand in Asia-Pacific’s developing markets. Explore all information & updates about expired insurance online at Asianetnews.com In Asia, the insurance industry is all about an inclusive growth mind-set, customer relevance and speed. The Voice of Asia and a leading premier insurance journal that meets the information needs of the insurance and reinsurance practitioners in Asia. After the transaction, AZCL will become a … Business Insurance serves business executives who are responsible for the purchase and administration of corporate insurance/self-insurance programs. CNA: Breaking news in Asia and Singapore; latest stories from around the world, business, sports, lifestyle, commentary and more. The platform, which makes insurance purchase easier and more accessible, announced a successful seed funding round from Vynn Capital and Temokin Digital insurance player Ouch! Ping An Property & Casualty Named Digital Insurer of the Year by Insurance News Asia. insuranceNEWS.com.au features local, corporate, regulatory and government, financial services and international news as well as insurance industry events. Sign up for their free insurance news updates by email or mobile! An insightful article by George Kesselman of InsurTechAsia, who asks to imagine what would happen if InsurTech helped to make insurance into a … A new tripartite partnership between the global re/insurance industry, regulators and academia is set to launch in January, with the aim of building resilience and addressing protection gaps in Asia. Tue, Jan 26th 2021. 08/01/2019. Singapore News. InsurTech News: online destination for Insurers, Distributors, Tech Players, Investors and all Insurance Stakeholders. Allianz will acquire full ownership of its China life insurance business after agreeing to buy the remaining 49% stake it doesn’t already own, reports Reuters.