MSIG Malaysia has teamed up with philanthropist Sujana Mohd Rejab to design and build electronically controlled prosthetic limbs for people injured in road traffic accidents in Malaysia.
Life insurance companies in India have posted a 35.1% year-on-year growth in new premium collections, to INR1.26tn ($17.7bn) in the April to September (1HFY2020) period.
The country's largest insurer, the Life Insurance Corporation of India (LIC), has issued a statement refuting rumours about its financial position, reiterating that it is in "sound financial health".
There is still scope for a state owned life insurer in India, says Mr M R Kumar, chairman of the life insurance giant LIC.
About 100 two-wheeler users per day die in a road accident in India because they did not wear a helmet.
A survey by Aditya Birla Health Insurance of nearly 1,000 senior citizens has revealed that 18% of the elderly have health insurance cover.
The Insurance Regulatory and Development Authority of India (IRDAI) will establish a working group to revisit the product structure of title insurance after receiving feedback to standardise such products.
A newly launched research project is combining a number of very different solutions into one climate-smart bundle, helping smallholders increase their resilience to disasters and improve their opportunities for recovery.
The Indian government's flagship health insurance scheme will soon require biometric verification for patient admissions and discharge processes to crack down on "ghost admissions".
The rise of the direct sales channel is set to diminish the traditional dominance of the brokers and agents in the Indian general insurance business over the next three years, according to GlobalData, a leading data and analytics company.