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DirectAsia was founded in Singapore in 2010 and launched in Hong Kong in 2012 and in Thailand in 2013. [3] [4] During 2013, DirectAsia had gross written premiums of $25.3 million. [5] In 2014, DirectAsia was acquired by Hiscox Insurance to commit further to serving customers in Asia. Hiscox has reached a $55 million agreement with Whittington ...
In July 2024, the NTUC Enterprise co-operative gave an irrevocable undertaking to sell a majority 51% stake of Income Insurance Ltd to German insurer Allianz. [13]NTUC Enterprise Chairman Lim Boon Heng stated that "is a capital-intensive business and to grow, there is a need to tap the capital markets" and that the sale was necessary because the "strength of Allianz’s financial position will ...
Travel insurance is an insurance product for covering unexpected losses incurred while travelling, either internationally or domestically. Basic policies generally only cover emergency medical expenses while overseas, while comprehensive policies typically include coverage for trip cancellation, lost luggage , flight delays , public liability ...
Travel restrictions reduced the spread of the virus. However, because they were implemented after community transmission had begun in several countries around the globe, they produced only a modest reduction in the total number of infections. Travel restrictions may be most important at the start and end of a pandemic. [3]
The Philippine government also ordered a ban on travel to China, Hong Kong, and Macau until further notice. [48] On February 10, the ban was further extended to include Taiwan [49] but was lifted on February 15. [50] On February 14, the DOH announced that a risk assessment carried out to determine if Singapore would be placed under a travel ban ...
Do you regularly purchase ticket insurance for concerts or big events? Amid the COVID-19 pandemic, many event patrons began making it a habit to purchase ticket insurance as a financial buffer. If ...
ComfortDelGro Insurance Brokers is an associate company of the Group, and its principal activities relate to risk protection and transfer solutions through the disciplines of insurance broking, employee benefits consulting, risk management operations, claims and loss management and customised solutions.
On August 2, the IATF-EID responded to the appeal of 40 medical societies led by the Philippine College of Physicians to place Metro Manila under ECQ again due to rising COVID-19 cases. [63] The meeting later decided to place Metro Manila, Bulacan, Cavite, Laguna, and Rizal back under MECQ from August 4 to 18.