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- June 24 2016
KPMG: Empowered for the future – Insurance Reinvented
Transformation is the continual evolution and alignment of ...
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- June 24 2016
Cars that don’t crash won’t need insurance
What happens to the market for auto insurance when the majority of cars on the road are effective at preventing crashes?
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- June 24 2016
Can public-private initiative close protection gap?
The recent International Insurance Society conference in Singapore marked a significant step for the Insurance Development Forum.
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- June 24 2016
Korea’s insurance, pension assets hit new record in 2015
Savings have soared as more people increase their assets to prepare for retirement amid low interest rates.
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- June 24 2016
China gives mutual insurance its approval
Three mutual insurance associations have been given the go-ahead by the regulator for a one-year trial.
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- June 24 2016
Indian life premiums up by more than a quarter
New premium collections increased by 26.6% to US$1.57 billion during May, led by state-run companies.
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- June 24 2016
Dai-ichi Life ups stake in Indian insurance venture
The Japanese company has paid US$80m to Bank of India to extend its stake in Star Union Dai-ichi Life to 44%.
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- June 23 2016
Berkshire enters accident and health market in Asia
Philip Brain joins from Chubb to lead entry into group personal accident and business travel products.
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- June 23 2016
Japanese majors raise capital for 2020 rule
Among those that are increasing their capital are Sumitomo Life, Meiji Yasuda Life, Nippon Life and Dai-ichi Life.
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- June 23 2016
Axa plans to raise Asia earnings to US$1.1bn in 2020
The earnings increase is part of plans to increase profitability through cost cuts and digital investments.
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- June 22 2016
Restructuring to hurt Korean insurers in short term
Corporate restructuring initiated by the government may further hurt the capital soundness of domestic insurers.
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- June 22 2016
WeLab considers insurance venture
China's largest mobile lending and credit analytics platform is entering the insurance services business.
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- June 22 2016
Hong Kong market grows strongly in Q1
The upbeat tempo has been attributed to the establishment of the Independent Insurance Authority.
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- June 22 2016
AIR expands nat cat risk models for SE Asia
Capital providers now have a complete and updated view of earthquake and typhoon risk models.
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- June 21 2016
Asean pushes for integration of insurance sector
Member countries have set up a working group that will look into the integration of the sector within the region.
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- June 21 2016
Zurich sells general insurance operations in Taiwan
The sale is part of its efforts to restructure its global organisation and curb a decline in profitability.
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- June 21 2016
China Life vies with Yunfeng in iKang bid
A bidding war has ensued between the two Chinese buyers, who both want to delist the healthcare provider from Nasdaq.
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- June 21 2016
Max Financial and HDFC eye merger
The deal will potentially create the biggest private insurer in the country, overtaking ICICI Prudential.
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- June 20 2016
Fitch cuts outlook on 11 Japanese insurers
Increasingly difficult for insurers to be rated above the sovereign if they hold high levels of government debt.
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- June 20 2016
ANZ likely to sell insurance business
The sale is a response to regulatory challenges following the global financial crisis.
