Friday, January 19, 2018

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Singapore launches insurance comparison site

Singapore launches insurance comparison site

A new web portal lets consumers compare premiums and features being offered by insurers in the Lion City.

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Great American to open in Singapore

Great American to open in Singapore

The Ohio-based insurer will open an office this summer after winning initial approval from Singapore’s regulator.

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HDI-Gerling names marine underwriting head

HDI-Gerling names marine underwriting head

The German insurer appoints Kai Brueggemann as head of its regional marine underwriting business.

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China’s insurance industry solvency remains stable

China’s insurance industry solvency remains stable

China’s insurance regulator says industry solvency is stable despite the impact of the second-generation solvency regime.

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Chinese insurers trial heavy equipment insurance

Chinese insurers trial heavy equipment insurance

Seven Chinese insurers have joined a pilot scheme to co-insure heavy equipment or high-technology.

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Asia insurance M&A growing at healthy pace

Asia insurance M&A growing at healthy pace

A report by Clyde & Co says M&A in Asia’s insurance industry is growing at a healthy pace.

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Cathay Life to acquire two troubled insurance firms for $966m

Cathay Life to acquire two troubled insurance firms for $966m

The Taiwanese insurer buys Global Life Insurance and Singfor Life Insurance through a public auction.

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MassMutual Asia to hire 1,000 in HK, Macau

MassMutual Asia to hire 1,000 in HK, Macau

Insurance firm MassMutual Asia is planning to hire about 1,000 people this year to raise the number of its financial consultants in the region to 3,500.

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ACE Group names Jeslyn Tan as regional head of agency

ACE Group names Jeslyn Tan as regional head of agency

ACE Group has hired Jeslyn Tan to fill the newly-created role of regional head of agency for Asia Pacific.

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Bright outlook for Asia trade credit

Bright outlook for Asia trade credit

ICISA says Asia will be a top area for growth for the trade credit insurance industry this year and next.

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Chinese insurers invest $4.79b in nursing homes

Chinese insurers invest $4.79b in nursing homes

Encouraged by central government, eight insurers are building nursing homes across China.

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South Korea’s insurance firms lead rise in debt holdings in 2014

South Korea’s insurance firms lead rise in debt holdings in 2014

Increase in debt holdings was attributed to the record fall of local yields.

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Min Ong to lead Berkshire insurance’s energy business in Asia

Min Ong to lead Berkshire insurance’s energy business in Asia

Ong, based in Singapore, will lead the energy business of BHSI as Asia Regional Head of Energy

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Thailand life insurers’ capitalization, earnings remain solid

Thailand life insurers’ capitalization, earnings remain solid

Report says Thailand will continue to get the attention of foreign players while non-life insurers have solid capital positions that will buffer against risks.

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HK doctors claim new health insurance scheme financially unsustainable

HK doctors claim new health insurance scheme financially unsustainable

The scheme aims to encourage Hong Kong residents to buy health insurance and switch to private doctors.

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Towers Watson names new Asia Pacific insurance head

Towers Watson names new Asia Pacific insurance head

Sam Farrimond joins Towers Watson from Hong Kong-based Shoreline Asia

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Japan’s Nippon Life could raise stake in Reliance Life after India’s new insurance bill

Japan’s Nippon Life could raise stake in Reliance Life after India’s new insurance bill

Japanese life insurance giant had shown interest in raising its stake from 26% to 49% before the bill was passed.

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Indonesia to ease investment rules for insurance funds

Indonesia to ease investment rules for insurance funds

Easing the investment rules will boost the local bond market says Financial Services Authority

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