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Only 17% have bought additional top-up protection. Most working people in Hong Kong rely on their employer’s group medical insurance but do not believe it covers their actual medical costs,…
Read article →Eligible plans provide protection for up to 128 illnesses. Chubb Life Hong Kong has launched the Chubb Care Critical Illness Series, a suite of health insurance plans offering flexible payout…
Read article →Only 23% are confident systems can handle complex portfolios. Asia-Pacific insurers are raising exposure to private markets and artificial intelligence (AI), but outdated systems are slowing their ability to manage…
Read article →Lao PDR received $2m within six days. The Southeast Asia Disaster Risk Insurance Facility (SEADRIF) has set out what it will take to scale development insurance across the region, in…
Read article →ManpowerGroup linked weaker plans to consolidation and optimisation. Singapore’s finance and insurance sector is expected to cut headcount in the third quarter of 2026. The sector recorded a Net Employment…
Read article →The transaction still needs regulatory approval in Australia and New Zealand. Allianz Partners has signed an agreement to acquire a major portion of nib Group’s travel insurance portfolio in Australia…
Read article →International businesses supplied 11% of consolidated earnings. Hanwha Life’s key overseas subsidiaries posted a combined net profit of about $72.7m in the first half of 2026, equivalent to about 87%…
Read article →He will oversee operations and growth strategy in Malaysia. Insurance technology (insurtech) company bolttech has appointed Rohith Murthy as general manager for Malaysia. Murthy will oversee bolttech’s operations and growth…
Read article →Yau will be based in Singapore and will start the role from 5 June 2026. Coface has appointed James Yau as head of Commercial for Southeast Asia and head of…
Read article →Banks, financial institutions selling long-term policies face prorated pay expectations. Hong Kong’s Insurance Authority (IA) has issued a directive reminding long-term insurers and licensed insurance intermediaries to align with new…
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