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- February 14 2018
Rising demand for IPO legal insurance in Hong Kong
New stock market listing rules are set to boost sales for legal insurance to cover liabilities from initial public offerings.
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- February 14 2018
Chinese regulator puts cap on insurers’ overseas financing
The China Insurance Regulatory Commission has limited foreign borrowing to 20% of an insurer's net assets.
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- February 14 2018
Great Eastern mulls expansion in Indonesia, Thailand
The insurer’s goals include becoming one of the 10 biggest insurers in Indonesia within the next five years.
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- February 13 2018
India market to reach US$280bn by 2020
Vice-president Venkaiah Naidu cited the country's rosy economic prospects as a driver for the insurance industry.
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- February 13 2018
China Life reportedly acquiring AMP’s life assets for US$3bn
A possible deal to buy the troubled life insurance assets could be announced in May, according to reports.
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- February 13 2018
Life firms embracing digitalisation to battle stagnation
Insurance companies are integrating technology to prevent loss of market share to startups, says Deloitte.
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- February 13 2018
XL Catlin appoints China country manager
Phil Xue joins from Guy Carpenter to take up role of chief executive officer of XL Insurance (China).
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- February 12 2018
FWD Life appoints new chairman for Philippine business
The country’s former ambassador to the US, Jose Cuisia, has taken up the role to replace Julian Lipman.
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- February 12 2018
Insurers urged to help bridge Asean infra gap
Insurers are estimated to hold just 2% of assets under management in infrastructure investments.
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- February 12 2018
Samsung names new CEOs for insurance units
Samsung Life Insurance and Samsung Fire & Marine Insurance have new leaders after the resignation of the previous heads.
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- February 12 2018
China, India priority markets for UK insurers after Brexit
The Association of British Insurers has said the two nations will be key targets after departure from the EU in 2019.
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- February 9 2018
Korean insurers post higher profits in 2017
The improvement is driven by hefty gains on investment coupled with a rise in interest rates.
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- February 9 2018
SoftBank eyes buying stake in Swiss Re
Chief executive Msayashi Son is following Warren Buffett in using reinsurance cash flows to buttress his group.
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- February 9 2018
China’s Sina to venture into internet insurance
The tech firm follows in the footsteps of the country's big three internet players Alibaba, Tencent and Baidu.
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- February 9 2018
Manulife Hong Kong reports strong 2017 growth
The healthy premium sales were a result of strong market demand for insurance and wealth products.
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- February 8 2018
Manulife to sell US assets, scrap John Hancock IPO
The Canadian insurer is said to be re-considering options after a strategic review of its US operations.
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- February 8 2018
Genworth, China Oceanwide refile acquisition plan
The company is seeking financing as it aims to address maturing debt of about US$600 million.
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- February 8 2018
XL Catlin names new global hull head
Mike MacColl takes over the position from Mike Talbot, who is retiring after a career spanning 50 years.
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- February 7 2018
Thai Life eyes Cambodian market
Thailand’s third-largest life insurer has plans to expand into neighbouring South-East Asia markets.
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- February 7 2018
Aviva CEO urges insurers to partner with tech firms
Mark Wilson says the insurance sector is still in the “Stone Age” and needs technological advancement.
