Nippon Life to target low-income Asians with micro-insurancePritam BordoloiOctober 22, 2020 by Pritam BordoloiOctober 22, 2020 The insurer plans to issue at least 350,000 policies in the next five years... Read more
Solvency levels in Bahrain insurance might see a downturnPritam BordoloiOctober 15, 2020 by Pritam BordoloiOctober 15, 2020 The coronavirus pandemic has made the financial market volatile and is in turn affecting the solvency levels... Read more
Revolut Singapore and SNACK to sell lifestyle-based insurancePritam BordoloiOctober 8, 2020October 8, 2020 by Pritam BordoloiOctober 8, 2020October 8, 2020 Revolut customers will receive a $500 insurance coverage when they sign up on the SNACK app... Read more
Delta Insurance to launch cyber insurance across UK and EuropePritam BordoloiOctober 1, 2020 by Pritam BordoloiOctober 1, 2020 PerCy is being launched in partnership with Prospect Insurance Brokers... Read more
UK regulator to impose ban on insurance companies due to pricing issuesInternational Finance Business DeskSeptember 24, 2020 by International Finance Business DeskSeptember 24, 2020 The ban will prevent companies from charging additional fees for existing customers compared to the new ones... Read more
China’s general insurance industry to grow by 3.8% in 2020Pritam BordoloiSeptember 24, 2020 by Pritam BordoloiSeptember 24, 2020 The slowdown in growth is mainly attributed to the coronavirus pandemic... Read more
Aviva sells 75% of its Singapore business to rival SinglifePritam BordoloiSeptember 14, 2020 by Pritam BordoloiSeptember 14, 2020 The deal is expected to be completed in 2021... Read more
Thailand-based insurtech Sunday raises $9 mn to expand in SE AsiaPritam BordoloiSeptember 11, 2020 by Pritam BordoloiSeptember 11, 2020 The funding round is led SCB 10X, the venture capital arm of the Siam Commercial Bank... Read more
UAP reports Sh57 mn loss in H1 2020International Finance Business DeskSeptember 2, 2020 by International Finance Business DeskSeptember 2, 2020 The insurance firm reported a profit of Sh 517million in the same period last year... Read more
Indonesian insurtech PasarPolis secures $54mn in Series B fundingPritam BordoloiSeptember 2, 2020 by Pritam BordoloiSeptember 2, 2020 Investors such as LeapFrog Investments, SBI Investment, and Xiaomi participated in the funding round... Read more