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News
He Bought 2 Billion Won Worth of Insurance from His Affair Partner, Visited Hotels 180 Times, Then Claimed It Was for Consultations
3+ day, 8+ hour ago (768+ words) [Sportschosun, Jang Jong-ho] A Chinese man was found to have purchased more than 50 insurance policies and paid approximately 2 billion won in premiums while maintaining an improper relationship with an insurance agent for seven years, causing public shock. The two admitted…...
Hong Kong’s insurance boom is facing a financing test
5+ day, 11+ hour ago (748+ words) The Monetary Authority requires clearer explanations of financing works, risk disclosure, loan tenors, and repayment terms. For insurers and advisers, these trends are closely connected. As more wealthy families use Hong Kong to structure and manage intergenerational wealth, demand is…...
Income Insurance commits $528m to climate investments
5+ day, 16+ hour ago (310+ words) The insurer is working toward a S$1b climate transition financing target. Income Insurance has committed $527.9m (S$945m) to green and climate-related investments as it works towards its $558.7m (S$1b) climate transition financing target, according to its 2025 Sustainability Report. The Singapore insurer said…...
Behind the rewards, a much bigger Vitality business
6+ day, 3+ hour ago (1387+ words) The Vitality most customers know is the one that rewards them for going to the gym, walking more, driving safely, or making other healthy choices. There are discounts, benefits, and incentives along the way. But that is only the part…...
PM hails initiative to provide export insurance coverage to SMEs
1+ week, 1+ day ago (303+ words) Prime Minister Muhammad Shehbaz Sharif has welcomed an initiative by the Export Development Fund and EXIM Bank of Pakistan to provide export insurance coverage, particularly to SMEs. He was chairing a meeting on the Export Development Fund (EDF) in Lahore…...
PM Shehbaz welcomes export insurance support for SMEs
1+ week, 22+ hour ago (341+ words) Summary PM Shehbaz welcomes Rs3bn export insurance risk pool for SMEs as government reforms EDF to boost exports, investment and European market access. ISLAMABAD (Dunya News) - Prime Minister Muhammad Shehbaz Sharif chaired a meeting on the Export Development Fund (EDF), welcoming…...
Samsung's insurers reportedly lining up a $6bn shopping trip through Lloyd's and Wall Street
1+ week, 3+ day ago (523+ words) South Korea's two biggest insurance names are reportedly closing in on deals that would hand one of them full control of a well-known Lloyd's specialty carrier and make the other the largest shareholder in a major US retirement group. Nothing…...
Income Insurance CEO Andrew Yeo to step down at end of 2026
1+ week, 4+ day ago (415+ words) Income Insurance CEO Andrew Yeo will step down from his role on 31 December 2026, bringing more than seven years of leadership at the Singapore insurer to an end. The company has begun the process of identifying his successor, with details expected…...
IFFCO-TOKIO General Insurance Company Announces Leadership Transition; Appoints Mr. Tatsuya Fujimoto as MD and CEO
1+ week, 4+ day ago (465+ words) businessnewsthisweek.com The appointment underscores the company’s commitment to scaling operations, accelerating growth, and creating long-term value. Gurugram/New Delhi, Sept 02 — IFFCO-TOKIO General Insurance Company Limited (IFFCO-TOKIO), one of India’s leading general insurance providers, today announced the appointment of Mr....
Korea Federation of SMEs, climate ministry, DB Insurance team up to cover up to 50% of environmental liability insurance premiums for small firms
1+ week, 4+ day ago (183+ words) DB Insurance contributes 500 million won to fund small business support Korea Federation of SMEs to recruit, select beneficiaries; ministry to set guidelines Move aims to ease costs for firms required to carry environmental liability coverage Small and medium-sized enterprises required…...