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- May 19 2017
Foresea Life keeps afloat amid Beijing crackdown
Company states normal operations and stable cash flow.
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- May 18 2017
Asian captive market offers room for growth
Asian corporations are starting to appreciate the concept of having captives as an alternative risk-management tools.
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- May 18 2017
China cracks down on universal life policies
The move is expected to hurt many Chinese insurers that have relied on the practice to fund investments.
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- May 18 2017
Ransomware attack spurs rise in cyber demand
Companies and governments are now looking for cyber cover after last week’s WannaCry ransomware attack.
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- May 17 2017
Dai-ichi Life posts sixth straight record profit year
Japan’s third-largest life insurer by revenue posted a net profit increase of 29.6% in the latest fiscal year.
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- May 17 2017
New CEO dismisses calls to split AIG
Having taken up his new role as chief executive, Brian Duperreault has said that growth is his main goal.
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- May 17 2017
Insurance M&A scaled back in 2016
There were signs of retreat across all sectors last year, a new study by investment manager Conning suggests.
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- May 17 2017
China to inspect insurance branches for violations
CIRC is targeting the outlets of companies that have ranked poorly in terms of customer complaints.
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- May 16 2017
Insurance cooperation eyed along Belt and Road route
At least 20 countries along the route have entered into agreements with China Re, which is taking a lead.
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- May 16 2017
Axis Bank seeks additional bancassurance partner
India's third largest private-sector bank is planning to bring its total number of life insurance partners to three.
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- May 16 2017
Irdai approves Gen Re R3 licence in India
The R3 licence covers underwriting and risk management expertise locally rather than cross-border.
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- May 16 2017
Many firms outside US fail in cyber protection
The ransomware worm that caused worldwide damage exposed many companies’ failure to take cyber security seriously.
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- May 15 2017
China’s tightening to benefit insurers in long run
Analysts are confident that stricter oversight from the regulator will result in better market discipline.
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- May 15 2017
Global non-life investment income set to decline
Moody’s says that low global interest rates will continue to pressure profitability and solvency.
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- May 15 2017
SBI General Insurance posts first profit in seven years
The company attributed the rise in profits to improved risk selection and better expense-control measures.
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- May 12 2017
Cyber premiums to triple in four years
Global insurance companies consider coverage against hackers as one of the most promising markets.
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- May 12 2017
AIG to name Duperreault as new CEO
The 70-year-old industry veteran is returning to the troubled insurer to help steer it back to better profitability.
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- May 12 2017
Anbang-owned Fidea set for relaunch
Acquired by Anbang two years ago, the Belgian insurer is now focusing more on long-term returns.
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- May 11 2017
Tokio Marine to invest more in US corporate debt
Rising hedging costs are making investment in foreign government bonds less appealing for Japanese insurers.
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- May 11 2017
London losing steam in reinsurance
Other markets are eating up the British capital's share of the global reinsurance industry.
