Four major domestic life insurance companies have announced that they will strengthen their commitments to Environmental, Social and Governance (ESG) investment in the second half of the fiscal year ending 31 March 2021 (FY2020), focusing on how the companies in which they invest address the environment and other issues.
Hong Kong’s Insurance Authority (IA) has established the Disciplinary Panel Pool (DPP) as part of its new disciplinary mechanism for licensed insurance intermediaries and authorized insurers.
Chubb Insurance Singapore is partnering with Singapore FinTech Pay2Home to offer free insurance cover for foreign workers. Foreign workers in Singapore can now receive free insurance cover of up to S$2,500 ($1,850) for accidental death and total permanent disability benefits, with a simple opt-in when sending money home.
HSBC has launched an improved fund administration solution for Asia-based insurance companies, after onboarding HSBC Life, its Hong Kong insurance business.
Fast Cover Travel Insurance has won this year’s Finder Award for “Best Insurance Innovation”.
Late October saw the launch of China's first 'Insurance Blockchain Innovation Centre (IBIC)' on the sidelines of the second Lujiazui International Reinsurance Conference. The centre was jointly established by the Shanghai Insurance Exchange (SIE).
The international marine insurer North P&I Club is looking to provide with its new routing risk advice digital tool, in order to offer a clearer view of the hazards that seafarers may face before they set sail.
Marine insurer West of England P&I has introduced a new global information platform. Known as Neptune, the portal is designed to provide operational, security and bunker information across ports globally and deliver information to club members.
A government-backed COVID-19 insurance scheme for the UK television and film sector was formally launched last Friday following state aid approval from the European Union.
Specialist insurer Beazley has launched a cyber and breach response portal containing an all-encompassing set of resources designed to help broker partners and coverholders stay informed and educated on the constantly evolving cyber risk landscape.