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- May 11 2017
AIG raises capacity in the Philippines
The insurer has refocused its portfolio to target opportunities in the Duterte government’s infrastructure push.
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- May 10 2017
Philippines raises investment limit for pre-need firms
According to the insurance commissioner, the investment threshold has been increased by 2% under the Pre-Need Code.
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- May 10 2017
CIRC tackles industry loopholes
China's insurance regulator wants to step up supervision of ownership structures and funding sources.
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- May 10 2017
Singapore’s life insurance coverage up by 10%
The encouraging first-quarter performance reflects the Lion City’s efforts to narrow the protection gap.
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- May 10 2017
AIG names Claudia Salem as Singapore CEO
Succeeding Matt Harris, she will also become head of country operations for South-East Asia.
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- May 9 2017
Milliman: Asia Retirement Income Report
Analysing the current and future state of the retirement income market in the Asia-Pacific region
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- May 9 2017
GIC Re names five banks for IPO
India's state-owned reinsurer has selected HSBC, Citi, Deutsche Bank, Kotak and Axis as bookrunners for its listing.
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- May 9 2017
Samsung Fire & Marine buys 20% of Vietnamese insurer
The Korean insurer will buy the stake in PJICO from Vietnam’s largest petrol dealer for US$23.4m.
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- May 8 2017
Ping An hires former Citi banker to head fintech fund
Jonathan Larsen will lead a new US$1b investment fund and will also become chief innovation officer.
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- May 8 2017
Korea approves Mirae’s acquisition of PCA Life
After the acquisition Mirae will become the country’s fifth-largest life insurer based on asset size.
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- May 8 2017
Chinese insurers urged to contribute to real economy
The measures are aimed at creating a sound policy environment for the insurance industry to serve the real economy.
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- May 8 2017
Global premiums outgrowing economy
Premiums are expected to grow 4.5% on average, both in 2017 and 2018, compared to 3% economic growth.
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- May 5 2017
Premiums in China up by a third
However, the pace of growth was lower than the 42% recorded for the same period in 2016.
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- May 5 2017
Two new life insurers enter Cambodia
Bangkok Life Assurance launched operations this week, while AIA is set to debut today.
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- May 5 2017
Swiss Re reports net income of US$656m
The results were affected by expected insurance claims in the aftermath of Cyclone Debbie.
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- May 4 2017
Insurers protected from local governments in the Philippines
Licensed insurance companies should not be hindered from doing business by local governments, says official.
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- May 4 2017
Bupa appoints general manager for Asia Pacific
The international health insurance arm of Bupa has appointed Angus Slater to lead growth across the region.
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- May 3 2017
10 Japanese insurers’ outlook raised to stable
Japan’s improving economic outlook has lowered risks over the trajectory of public debt.
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- May 3 2017
Investments in insurtech start-ups drop sharply
Insurance technology start-ups saw a sharp fall in funding during the first three months of the year.
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- May 3 2017
Philippine life market growing at rapid pace
The sector is expected to register one of the fastest growth rates among emerging markets over the next nine years.