Insurance

Financial firms lead LinkedIn’s top companies in Singapore

LinkedIn unveils companies list where professionals advance the most.

Financial firms lead LinkedIn’s top companies in Singapore

LinkedIn unveils companies list where professionals advance the most.

Embedded finance market to double in four years

The industry’s growth is seen to continue at least in the next four years, mainly due to the B2B market.

AlipayHK users benefit from Blue Cross travel insurance promotion

Travellers can purchase a five-day travel insurance plan for HK$1.

Bancassurance market to surge 8.4% in CAGR by 2028

Market dynamics are seen to impact the stakeholders' behaviours and pricing decisions in the sector.

AIA HK and Citibank donate ARIA test machine to HKLSS, commemorates 10th year

The donation hopes to benefit 3,000 individuals in need of early detection diseases and strokes.

38% of financial institutions attain full-stack observability

There is an urgent need for traditional FSI and insurance companies to digitally transform due to increased competition and consumer expectations for...

Hang Seng Bank launches investment and life insurance plan

70% of Hong Kongers were unprepared for their parents' healthcare costs and children's educational expenses. 

Partner insurer payout leaps 23% YoY through Ant Group's insurance arm

Health insurance claims contributed about 5 million claims processed by partner insurers on Ant Insurance

Prudential partners with CIMB Thai for bancassurance venture

The partnership grants Prudential access to CIMB Thai’s customer base and branch network in Thailand.

IRDAI assembles taskforce for bancassurance

The share of banks as corporate agents was 5.93% of non-life insurance and 17.44% of new business premiums in 2022-23.

Zurich acquires 51% stake in Kotak Mahindra Bank's general insurance arm

The insurer said it plans to buy 19% more in the future.

Tonik digital bank enters the insurance market

The partnership with Sun Life Grepa will offer credit life and disability insurance.

S.K.’s FSC raises KRW73.8t in policy funds for venture capital in FIs

This exceeded the initial supply plan of 66.7% by August and achieved 80.4% of the annual target.

MAS-licenced MoneyOwl to wind down financial advisory business

The company found that its advisory business is not financially viable.

Alipay+, Malaysia’s PayNet ink deal for smooth digital payments

This further expands the regional cross-border digital payment plan of Alipay+.

China taps banks to bolster cross-border trade, offer financial support

Additional support will be provided for export-related credit insurance.