Wednesday, September 20, 2017

Capital Markets

Takaful Malaysia confirms small exposure in troubled 1MDB

Takaful Malaysia confirms small exposure in troubled 1MDB

Invested in the troubled state-owned 1Malaysia Development Berhad (1MDB) via an Islamic Bond in 2009.

Read full article

CTBC Financial acquires Taiwan Life in US$1bn stock swap deal

CTBC Financial acquires Taiwan Life in US$1bn stock swap deal

CTBC Financial to swap 1.44 common shares in exchange for one Taiwan Life common share.

Read full article

Fitch Ratings’ to update insurance notching criteria

Fitch Ratings’ to update insurance notching criteria

Numerous rating changes expected for insurers located outside the United States.

Read full article

State-owned insurer China Taiping eyes raising US$1.74bn in share sale

State-owned insurer China Taiping eyes raising US$1.74bn in share sale

The proceeds would be used to expand its insurance business and grow into new areas.

Read full article

Financial strength ratings of 9 Japanese insurers downgraded

Financial strength ratings of 9 Japanese insurers downgraded

Fitch Ratings stressed that an upgrade of any of the insurers was unlikely in the near future.

Read full article

Asian insurers moving towards Solvency II standards

Asian insurers moving towards Solvency II standards

Report also states that global insurers are facing increased regulatory requirements.

Read full article

Japan’s Asahi Mutual Life Insurance to raise foreign bond investment

Japan’s Asahi Mutual Life Insurance to raise foreign bond investment

The Japanese Insurance firm says domestic yields remain too low.

Read full article

China’s PSBC’s US$3bn stake sale attracts global investors

China’s PSBC’s US$3bn stake sale attracts global investors

Bidders include Singapore’s Temasek Holdings and French bank BNP Paribas.

Read full article

Philippine National Bank seeks US$500m in sale of life insurance stake

Philippine National Bank seeks US$500m in sale of life insurance stake

Possible investors could come from Japan and Taiwan.

Read full article

Top global insurers plan mortgage loans and PE investments

Top global insurers plan mortgage loans and PE investments

Asian Insurers also look to invest more in infrastructure debt and US Investment grade corporate debt.

Read full article

Malaysia’s growing insurance industry to drive M&A

Malaysia’s growing insurance industry to drive M&A

Under-capitalized insurers and takaful operators could be expected to seek strategic investors or alternative capital.

Read full article

Tokio Marine investing in real estate funds to avoid trouble

Tokio Marine investing in real estate funds to avoid trouble

Japanese insurer hopes to increase its overseas property assets by about US$84m this year.

Read full article

IMF says Europe’s life insurers facing crisis

IMF says Europe’s life insurers facing crisis

Required solvency standards at risk if interest rates remain low.

Read full article

Korea’s Mirae Asset Life Insurance to launch IPO

Korea’s Mirae Asset Life Insurance to launch IPO

Life Insurer looking to raise up to KRW500bn (US$459m) according to reports.

Read full article

Zhong An Insurance passes $10bn valuation

Zhong An Insurance passes $10bn valuation

Zhong An has underwritten over 630 million insurance policies and serviced 150 million clients in its first year of operation.

Read full article

China warns of strange stock price insurance product

China warns of strange stock price insurance product

The online insurance product claims to provide protection against stock price volatility.

Read full article

Thailand to cut deposit insurance coverage in August

Thailand to cut deposit insurance coverage in August

Reduction prompts investors to the bond market.

Read full article

AIG unloads $500m stake in China’s PICC

AIG unloads $500m stake in China’s PICC

America’s biggest commercial insurer cuts its stake in PICC Property & Casualty to 8.2% as it seeks to raise funds.

Read full article

Partner Content

White Papers

Follow InsuranceAsia News

Print Edition

SUMMER 2017

House of cards

From supply chains to cyber, we discuss emerging risks with a roundtable of Singapore risk managers