The global insurance coverage protection hole, or the gap among economic losses and all those that are insured, amplified once more in 2021, achieving a new all-time significant of US $1.42 trillion, according to reinsurance giant Swiss Re.The pattern is anticipated to proceed in 2022, with Swiss Re warning that […]
Asia Insurance
Chubb Buys Cigna’s Certain Assets In Asia-Pacific In $5.4 Bln Deal
(RTTNews) – Chubb Constrained (CB), a property and casualty coverage enterprise, announced Friday that it has accomplished its acquisition of Cigna Corp.’s (CI) selected lifestyle, accident and supplemental gains firms in Asia-pacific in a $5.36 billion deal. The acquisition consists of the everyday living and non-lifestyle coverage corporations that property […]
Chubb completes acquisition of Cigna’s APAC businesses

 
 Chubb has accomplished its acquisition of the personal incident, supplemental health and fitness and existence coverage enterprise of Cigna in six Asia-Pacific marketplaces. The transaction, value US$5.36 billion (SG$7.5 billion), consist of Cigna’s incident and well being (A&H) and lifestyle businesses in South Korea, Taiwan, New Zealand, Thailand, […]
G7 agenda and its insurance impact
Appear at Russia’s war on Ukraine, for illustration. Russian missiles rained down on the Ukrainian money of Kyiv and the central city of Kremenchuk just several hours ahead of the first G7 assembly on Sunday morning. Shortly following, the leaders of the world’s seven richest nations (G7) – the United […]
Thai Life locks in major cornerstone investors for $1 bln IPO
By Scott Murdoch HONG KONG, June 28 (Reuters) – Thai Daily life Insurance’s initial general public providing (IPO), aiming to elevate up to $1.04 billion, will be marketed to 18 domestic and international cornerstone buyers. These investors will account for about 50% of the IPO, the premier in Southeast Asia […]
‘It’s all from your own pocket’: Insurance agents weigh in on giving out freebies at roadshows
SINGAPORE: Previous week, a disgruntled mother took to Facebook to complain about an AIA insurance agent who had offered her daughter a balloon at a roadshow, only to acquire it again after realising the mum was not a suitable prospect. Netizens criticised the agent for being “cheapskate”, declaring the move […]
Thai Life Insurance seeks to raise $1 billion in July IPO
BANGKOK : Thai Existence Insurance coverage Pcl (TLI) reported on Monday it was looking for to raise up to $1 billion in an initial community giving (IPO) up coming month, pricing shares at 16 baht every in what could be the region’s major IPO this 12 months. It aims to […]
Everest Insurance expands into Asia – The Royal Gazette
Up to date: Jun 23, 2022 05:32 PM Everest Re hopes to expand their footprint in Asia (File photograph) Everest Insurance plan, the coverage division of Everest Re Team, Ltd has officially entered the Asian sector following receiving regulatory approval from the Financial Authority of Singapore to work in Singapore. […]
Everest Insurance enters Asia market with Singapore office
Everest Insurance coverage, the key division of Everest Re Group, has formally entered the Asian marketplace right after getting regulatory approval from the Monetary Authority of Singapore to operate in region. The entity will be headquartered in Singapore and Senior Vice President and Regional Head of Coverage in Asia Ben […]
Is Disney travel insurance worth the cost?
(NerdWallet) – A Disney vacation can be a vacation of a life time. It can also be the most costly excursion of your life time. For many, obtaining vacation insurance really should be just as necessary as getting a churro as you cruise down Principal Road. Just after all, we’re […]