Monday, February 26, 2018

Countries

Sumitomo in M&A talks with Symetra Financial

Sumitomo in M&A talks with Symetra Financial

Japan’s fourth-largest insurer is reportedly in talks with Symetra Financial as it seeks to expand overseas.

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Foreign insurers court PNB bancassurance deal

Foreign insurers court PNB bancassurance deal

At least six foreign insurers are pursuing Philippine National Bank for a bancassurance joint venture.

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Cambodian insurers growing at 20%

Cambodian insurers growing at 20%

Cambodia’s insurance industry posted 20% premium growth during the first half of 2015, official data show.

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Military Bank launches life insurance JV

Military Bank launches life insurance JV

The Vietnamese bank has teamed up with Ageas and Muang Thai Life Assurance to establish a joint venture.

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Aviva mulls raising stake in Indian JV

Aviva mulls raising stake in Indian JV

British insurer Aviva has announced plans to raise its stake in its business in India from 26% to 49%.

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Malaysia’s life insurers settle all MH370 claims

Malaysia’s life insurers settle all MH370 claims

The Life Insurance Association of Malaysia has said that a total of M$16.9m was paid to the victims’s families.

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Coface names new Asia-Pacific head

Coface names new Asia-Pacific head

Credit insurer Coface has named Andrew Ross as regional head of Coface Global Solutions in Asia Pacific.

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MH370 claims to surface with debris find?

MH370 claims to surface with debris find?

Flaperon found on Reunion Island could be the next step in solving the mystery of the Malaysia Airlines flight.

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AIG to focus on consolidating Japan business

AIG to focus on consolidating Japan business

Integration of Japan’s Fuji Fire & Marine still a work in progress, according to CEO Peter Hancock.

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Insurers pass on Vietnam vs Man City fixture risk

Insurers pass on Vietnam vs Man City fixture risk

Sponsor SHB Bank said that insurers in the region were unwilling to cover the risk of a no-show by the four-time Premiership champions.

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Singapore life insurers post 3% sales rise in H1

Singapore life insurers post 3% sales rise in H1

Lion City sees slim growth in both single premium and regular premium business.

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MetLife names Cindy Tang Asia communications head

MetLife names Cindy Tang Asia communications head

Tang starts her new role on August 20, based in MetLife’s Asia region office in Hong Kong.

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China to punish firms leaking medical insurance data

China to punish firms leaking medical insurance data

Insurance regulator to carry out inspections on firms found to have irregularities.

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GIC Re, names K Sananth Kumar as acting GM

GIC Re, names K Sananth Kumar as acting GM

Industry veteran replaces Ashok Roy who retired at the end of July.

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China Reinsurance files for HK IPO

China Reinsurance files for HK IPO

State-owned reinsurer could raise up to US$2bn, hires CICC, UBS and HSBC as joint sponsors.

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Air India seeks bidders for US$9bn fleet insurance

Air India seeks bidders for US$9bn fleet insurance

Indian state flag carrier was faced with a 15% rise in premiums last year.

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Bangladesh to appoint auditor to check spending of life insurers

Bangladesh to appoint auditor to check spending of life insurers

Majority of the country’s life insurers were in breach of their respective spending limits last year.

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TigerRisk enters China and names Houqin Zhu as Hong Kong head

TigerRisk enters China and names Houqin Zhu as Hong Kong head

Reinsurance broker marks it’s first presence in Asia with the hiring of former American Re and QBE Re veteran.

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Nina Klingspor, Allianz Global Corporate & Specialty

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