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- August 21 2018
China’s dip in premium income narrows
Life insurers, which constitute about 70% of total premium income, led the decline during the first half.
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- August 21 2018
Malaysia loosens divestment rule for foreign insurers
The central bank has said the deadline for compliance will be decided on a bilateral basis.
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- August 20 2018
Ping An forges JV with Grab in healthcare services push
The two companies aim to deliver online healthcare services across South-East Asia.
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- August 20 2018
Global losses from disasters down
Of the US$36bn total global economic losses in the first half, US$20bn were covered by insurance.
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- August 20 2018
Korea’s financial regulator takes action against Samsung Life
The move follows a refusal to accept minimum returns guarantees for immediate payment annuities.
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- August 17 2018
Philippines Nat Re names new head
Allan Rossi Santos replaces Augusto Hidalgo, who is pursuing new career opportunities.
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- August 17 2018
Etiqa Takaful seeks to expand further into Asean
The move aims to boost its takaful and general insurance brand within the region.
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- August 17 2018
QBE partners with climate risk specialist Jupiter
The partnership will allow it to take advantage of the ClimateScore data analytics platform.
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- August 17 2018
QBE profit rises after streamlining its structure
The insurer credited the performance to much-improved operations in several regions.
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- August 16 2018
Moody’s Analytics enlarges Asia-Pacific insurance team
The hires are part of an effort to support insurers with challenges such as IFRS 17, ALM, and risk-based capital.
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- August 16 2018
Japanese majors lose billions to floods, rains
The extreme rainfall and flooding in July have taken a toll on MS&AD, Tokyo Marine and Sompo.
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- August 15 2018
Moody’s sees China P&C industry remaining stable
The agency took into account regulatory measures being undertaken to protect the industry.
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- August 15 2018
Chinese insurers post adequate solvency ratio
The average solvency level was 241% for life insurers and 394% for P&C companies.
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- August 15 2018
Vietnam’s premiums up 30.8% in seven months
The industry has maintained steady annual growth of more than 30% for the past few years.
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- August 14 2018
Now Health International makes senior promotions
Three senior staff promotions named as it continues to grow and consolidate its position in the marketplace.
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- August 14 2018
Korea non-life insurers shoring up solvency capital
Companies face progressive tightening in risk-based capital measures and upward movement in interest rates.
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- August 14 2018
Willis Towers Watson hires M&A transaction solutions head
Terence Montgomery will help clients to transfer liabilities involved with M&A transactions.
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- August 14 2018
Singapore life market sees 20% premium rise
Growth is attributed to an uptake in both single and annual premium products in the first six months of the year.
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- August 13 2018
Competition, low premiums pull down Korean auto insurance
The country's motor market saw a 1.2% contraction during the first half of the year.
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- August 13 2018
State Bank of India selling stake in insurance JV
It has reportedly started the process of selling up to 4% of SBI General Insurance.
