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- July 17 2017
Manulife considers selling US unit in Asia refocus
The Canadian insurer is reportedly toying with the idea of divesting its Boston-based John Hancock Financial Services division.
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- July 17 2017
Chinese insurers advised to divest non-core assets
An official from the the China Insurance Regulatory Commission has cautioned against a wide range of risks facing the industry.
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- July 17 2017
India’s HDFC Life shareholders push IPO plans
Standard Life is reportedly keen to move forward with the listing after the merger with Max Group's is likely to be called off.
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- July 14 2017
Irdai enforces more transparency over policy exclusions
Regulations released this week also require every insurer to display service parameters and turnaround times.
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- July 14 2017
Korea sees rise in sales of variable insurance policies
Premiums have nearly doubled to US$477m on the back of robust gains in the local stock market.
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- July 13 2017
Korean insurers forecast to exceed 2016 performance
Higher interest rates and improved auto insurance business are expected to propel the industry.
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- July 13 2017
Ping An eyes fintech, healthcare assets abroad
China’s largest insurer by market value is on the hunt for assets in the US, Israel and Singapore.
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- July 12 2017
SBI Life’s IPO plan gets final board approval
The insurance unit of State Bank of India is aiming to raise US$1.1bn, becoming the second insurer to go public.
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- July 12 2017
FWD to renew bancassurance deal with TMB Bank
The renewal of a 15-year agreement comes after FWD's efforts to acquire SCB Life fell apart.
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- July 12 2017
China considers experienced graft-buster for top CIRC post
China is likely to name Yang Xiaochao, secretary general of the Central Commission for Discipline, to oversee the industry.
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- July 11 2017
Cambodia and Thailand sign regulatory pact
The two countries have signed an agreement that aims to bolster insurance regulation in Cambodia.
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- July 10 2017
Singapore studying ElderShield takeover proposal
The government is in a better position to administer the scheme, according to the ElderShield Review Committee.
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- July 10 2017
Swiss Re and Ping An combine to launch typhoon solution
The two companies have launched China's first mobile-enabled typhoon property parametric insurance solution.
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- July 10 2017
Philippines’ chief regulator elected to Asian Re board
Insurance commissioner Denis Funa has been named vice-chairman of the management board.
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- July 7 2017
China drafts rules on endowment insurance
CIRC is in the process of crafting regulations as part of preparations to launch a pilot programme before full implementation.
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- July 7 2017
Sale of SCB insurance unit to FWD halted
What could have been the largest insurance M&A transaction in South-East Asia has failed on valuation differences.
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- July 7 2017
Premium growth defies weak economies
Advanced economies were the main drag on global premiums, but growth in many emerging markets slowed also.
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- July 6 2017
China to develop commercial pension insurance
The government will fast-track the development of the new system, according to a State Council guideline.
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- July 6 2017
Nippon Life silent on investor voting
The Japanese insurer will defy a guideline asking it to disclose its specific votes at shareholder meetings.
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- July 6 2017
Emerging Asia to drive premium growth
Asian emerging markets will help global insurance premium growth accelerate to 5.9% during the coming decade.
