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- March 24 2017
Ping An profit up 15% in 2016
China’s biggest insurer reported strong performance in 2016 thanks to improved sales and a gain from restructuring.
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- March 24 2017
China orders insurers to submit bond transaction report
The move is part of the insurance regulator’s move to tighten scrutiny as it becomes increasingly alert to risks.
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- March 23 2017
XL Catlin names new cyber and TMT head
Former QBE executive James Tuplin will oversee cyber and professional indemnity for the tech and media sectors.
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- March 23 2017
India mulls 100% foreign investment in broking
The government is planning to raise the limit from the current 49% to fund more development in the sector.
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- March 23 2017
Disappointing results forecast for China’s big insurers
Analysts say the lacklustre year was due to fierce competition, depressed returns and reserves top-ups.
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- March 22 2017
Asia to lead insurance M&A in 2017
About 47% of insurers in the region intend to hunt for deals — more than double the rate in North America.
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- March 22 2017
Hong Kong Life sold for US$914m
First Origin International, a Hong Kong-based investment firm, has paid HK$7.1b for the city's 10th-biggest insurer.
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- March 22 2017
United India Insurance eyes IPO
The state-owned general insurer will go public after New India Assurance and GIC.
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- March 21 2017
MyCC issue a misunderstanding, says AIA
AIA Malaysia has defended itself from allegations it participated in an anti-competitive agreement in the country.
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- March 21 2017
China leads global insurance growth in 2016
Initial projections show that the Asian economic powerhouse contributed nearly half of the world insurance market.
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- March 21 2017
Taiwan market set to lose up to US$4.9bn
The Taiwanese dollar’s appreciation and insurers’ foreign investment exposure could take a toll on the industry.
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- March 20 2017
KPMG: The New Deal
Driving insurance transformation with strategy-aligned M&A
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- March 20 2017
Regulator lowers punishment against CEOs of Korean insurers
FSS says the penalty against the CEOs is now a precautionary warning, or a notch lower than the one previously announced.
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- March 20 2017
Global M&A activity at lowest level in three years
However, Asian transactions were still robust, with 12 of the top 20 deals by value in 2016 involving an Asian insurer.
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- March 20 2017
Nippon Life plans US$4.4bn M&A investment
Japan's biggest life insurer says it is planning to double its net profit during the next the four years.
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- March 17 2017
Spring 2017
Owning up to risk: Time for Asian companies to get serious
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- March 17 2017
Anbang’s fake news
The Chinese insurer’s investment in 666 Fifth Avenue isn’t true, but the overseas investment trend is.
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- March 17 2017
Risk manager Q&A: Suchitra Narayanan
We speak to the head of risk and insurance at Bumi Armada about attitudes to risk and the development of the profession in Asia.
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- March 17 2017
Berjaya Sompo appoints new CEO
The Malaysian insurance company has appointed Tan Sek Kee as its new chief executive officer.
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- March 17 2017
Future Generali India, UCO Bank ink bancassurance deal
The partnership will provide access to the bank’s clients in 3,060 branches across India.
