First Indemnity Insurance Group, a specialty insurance agency dedicated to professional liability products for lawyers and law firms, has launched special insurance coverage designed to help law firms that may be carrying inadequate coverage or that are seeking higher limits.
Brand valuation consultancy firm Brand Finance has revealed the world’s top insurance brands. China’s Ping An retained its spot as the world’s most valuable insurance brand, while China Life knocked Germany’s Allianz out of the number-two spot.
China's online property insurance industry saw a decline in earnings last year, industry data showed.
The Hong Kong Insurance Authority (IA) has increased the premium levy rate on insurance policies to 0.1% per year, effective April 01, 2021. This is in accordance with the schedule set out in the Insurance (Levy) Order under the Insurance Ordinance (Cap. 41), the regulator said in its announcement.
AXA Affin General Insurance has launched Guaranteed Asset Protection – Return to Insured Value (GAP-RTIV), a plan that protects the full value of a vehicle in the event of a total loss incident.
Cigna Hong Kong has announced additional benefits and an extension of special coverage measures for its customers in the special administrative region in response to the ongoing COVID-19 outbreak.
DBS and Chubb Insurance Singapore have partnered to provide DBS and POSB customers with complimentary insurance cover for complications caused by vaccinations against COVID-19.
Willis Towers Watson has introduced CyNat, a cyber insurance product designed specifically for companies in the power and utilities industries.
China's top insurance regulator, the CBIRC, announced last Friday that new national security reviews have been added to rules on foreign ownership in an insurance business even as it removes the 51% cap on foreign ownership.
Specialist insurer Beazley has launched a suite of contingency policies to provide media producers and production companies coverage against a range of risks that can cause productions to be delayed or called off.