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- August 23 2017
Philippines social security seeks private insurers
The state-run programme is planning to tap private companies to insure 35 million of its members.
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- August 23 2017
Japan Post additional sell-down likely delayed
The government may have to wait until 2018 to further sell down its stake if price remains weak.
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- August 22 2017
Insurers to spur IPO bonanza in India
Total fundraising from first-time share sales could balloon to Rs500bn (US$7.8bn) this year.
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- August 22 2017
Malaysia urged to regulate healthcare fees
Authorities have called on industry players to address the issue of escalating inflation of medical insurance.
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- August 22 2017
Philippine insurers to submit regular reports to IMF
The submissions are intended to enhance data transparency and promote sound statistical systems.
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- August 21 2017
Jack Ma-backed firm eyes Asian unit of MassMutual
A consortium led by Yunfeng Financial Group has expressed interest to pay about US$1.7bn for the business.
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- August 21 2017
Insured losses from global disasters slump
First-half losses were down to US$23bn from US$36bn a year earlier, according to Swiss Re research.
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- August 21 2017
Ping An registers best half-year profit in a decade
The results were driven by strong growth in life premiums and came despite a government crackdown on the industry.
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- August 21 2017
Centrum Group gets broking licence in India
The firm controlled by former Standard Chartered Asia chief Jaspal Bindra is expanding its insurance operation.
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- August 18 2017
Cigna raises stake in India JV
An application with the regulator will increase its stake in the joint venture with TTK to 49% from 26%.
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- August 18 2017
Foreign insurers in Malaysia pressured to trim shareholdings
Four companies have until the end of this month to reduce their holdings and divest to local partners in line with new regulations.
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- August 18 2017
Allianz posts strong earnings growth in Asia
First-half results for the Asia business showed total revenues up 40% to €2.9bn and operating profit up 12% to €150m.
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- August 18 2017
QBE puts emerging markets business under review
Operations in Thailand and Colombia face closure after poor results led investors to question strategy.
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- August 17 2017
AIG selling US$2bn life settlements portfolio
The insurer is reportedly working with investment bankers from Goldman Sachs to unload the assets.
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- August 17 2017
Euler Hermes names senior executives to lead expansion
The trade credit insurer has appointed Clemens Philippi as CEO for Asean and Benoit Ganzmann as CEO for China.
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- August 17 2017
Harness captives responsibly, says Bank Negara governor
Muhammad Ibrahim said captives must be seen as supporting and contributing to broader economic transformation and growth.
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- August 16 2017
Korean insurers post 28.3% profit rise
Results for the first half of this year reflect robust dividend income growth and a drop in the loss ratio, said the FSS.
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- August 16 2017
Axa appoints new CEO for Singapore unit
Jean Drouffe takes over the reins from Doina Palici-Chebab, who has been promoted to the position of interim regional CEO of AXA Asia.
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- August 16 2017
MS&AD to spend US$401m for stake in Challenger
The Japanese group will acquire a 6%-plus interest in the leading player in Australia's superannuation industry.
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- August 15 2017
Philippines tests parametric scheme for disaster-prone provinces
The government has allocated US$20m to a pilot project that will offer quick-disbursing payouts based on a catastrophe model.
