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- July 28 2016
Korea’s KDB Life struggles for buyers
There seems to be no takers so far for the insurance unit of state-owned lender Korea Development Bank.
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- July 28 2016
Foresea Life likely to win bid for Asia Capital Re
The Chinese company, owned by Baoneng Group, is expected to win the bid for the Singapore-based reinsurer.
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- July 28 2016
Philippines to implement bill of rights for policyholders
The insurance regulator is beefing up efforts to protect clients with the implementation of standardised rights.
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- July 28 2016
Asian insurance markets face headwinds
But outlook remains positive as fundamental drivers of demand growth remain intact, at least for now.
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- July 27 2016
Fosun to spin off insurance arm in IPO
Ironshore will be sold in an initial public offering on either the New York Stock Exchange or the Nasdaq market, the company says.
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- July 27 2016
Hong Kong insurers defy asset slide
Insurers in the city managed to report a 3.5% increase in assets under management during 2015.
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- July 27 2016
Investment scope for Singaporean insurers broadened
The Monetary Authority of Singapore is considering relaxing restrictions imposed on insurers' investments.
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- July 27 2016
GIC Re aims for global recognition
Chairman Alice Vaidyan said that GIC will be among the top 10 ranked global reinsurers by 2020.
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- July 26 2016
Hong Kong's insurance market
John Leung, Hong Kong SAR Government
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- July 26 2016
Vietnamese life market booming
Total life insurance premiums reached close to US$1bn for the first half of 2016, according to the Vietnam Insurance Supervisory Authority.
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- July 26 2016
China underinsured based on recent flood claims
Claims arising from the recent flooding are expected to reach a small fraction of the full economic loss.
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- July 25 2016
Discovery enters Japan market with Sumitomo, Softbank
South Africa’s third-biggest insurer plans to introduce its health reward programme, Vitality, with its new partners' help.
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- July 25 2016
Korean insurers log record outbound investment
Low yields at home have driven increased overseas investment in a bid to generate higher returns.
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- July 25 2016
Prudential, Taiyo pull out from Bangladesh entry
The two insurers are reportedly withdrawing their plans to expand in the saturated but underdeveloped market.
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- July 22 2016
Foreign health insurers need to take risks in China
The market is huge and growing rapidly, but regulatory challenges will prevent all but the biggest foreign players from succeeding.
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- July 22 2016
Asia targeted for ILS growth
The rapid growth of insurance-linked securities in developed markets could be set to spill over into emerging Asia.
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- July 22 2016
EQ Insurance partners with Validus Capital
Singapore insurer to offer investor protection to SME lending platform Validus Capital.
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- July 22 2016
Korean policyholders spend US$3,000 on average on cover
Korea’s premium per person is 18th highest in the world according to Swiss Re.
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- July 22 2016
Asian insurers unprepared for climate change risks
Firms lag behind in their preparations to deal with ill effects of climate change on their businesses, according to AODP.
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- July 22 2016
Dai-ichi to open business in Cambodia
Japanese major scheduled to open a representative office in Phnom Penh by end of July.
