-
- June 2 2017
Sri Lanka taps Renaissance Re for insurance trust fund
The fund provides disaster cover for disasters including droughts, floods and cyclones.
-
- June 2 2017
Chinese counties to offer agri disaster insurance
The scheme is aimed at 200 pilot counties that are primarily engaged in planting rice, wheat and corn.
-
- June 1 2017
Life premiums in Indonesia up 28%
Data released by the OJK shows that life insurers enjoyed solid premium growth in the first three months of this year.
-
- May 31 2017
Korea relaxes rules as IFRS implementation nears
The FSS aims to help insurers alleviate potential fallouts from changes in global accounting rules.
-
- May 30 2017
Interest rate risk hounds Japanese insurers
Life insurers are failing to extend the duration of their assets because of lingering low bond yields in Japan.
-
- May 30 2017
Aviva eyes fintech future with AI acquisitions
The British insurer has said that acquisitions related to artificial intelligence and big data are in the pipeline.
-
- May 30 2017
Fairfax sells stake in Indian JV
The Canadian company has sold 12.18% of its stake in general insurance firm ICICI Lombard General Insurance.
-
- May 30 2017
India’s general market posts 16% premium growth
Private sector general insurers have overtaken their state-owned peers in terms of premiums for the first time.
-
- May 29 2017
Anbang to invest US$2.67bn more in two Korean insurers
The Korean insurer is considering additional investments in Tongyang and Allianz ahead of tightened regulations.
-
- May 29 2017
Roy Gori to succeed Donald Guloien as Manulife CEO
The former president and chief executive officer is set to retire on September 30 this year.
-
- May 26 2017
Top Japanese life firms post steep premium income fall
The negative interest rate policy of Japan’s central bank has weighed on investment income.
-
- May 26 2017
Strong currency puts pressure on Taiwan life insurers
The venture offshore in search for higher yields is creating exposure to unfavourable capital and currency fluctuations.
-
- May 26 2017
Asian-American group to buy Fidelity for US$1.84bn
CF Corp announced it would buy the US annuities and life insurer via an all-cash transaction.
-
- May 25 2017
Doubts on HDFC Life, Max Life merger unresolved
The proposed merger has not received any opinion from the country’s attorney general.
-
- May 25 2017
Swiss Re Corporate Solutions appoints Asia-Pacific CEO
Jonathan Rake will move from his current position as head of South-East Asia to take up the new role.
-
- May 25 2017
Tokio Marine to pare down stake in Malaysia business
The move is part of Bank Negara Malaysia’s ruling for foreign insurers to cut their stake to 70% in local life insurers.
-
- May 25 2017
China insurers’ solvency remains at a healthy level
First-quarter capital adequacy reflects efforts to keep risks within control, says the insurance regulator.
-
- May 24 2017
Korean insurers’ profit climbs on dividend income
The country's insurers' posted a 24.4% on-year combined net profit rise in the first three months of the year.
-
- May 24 2017
Chinese insurers urged to invest in infrastructure
The Chinese regulator says that such projects will be given easier access to insurance funds to boost economy.
-
- May 24 2017
Malaysian liberalisation could raise penetration rate to 75%
The insurance and takaful penetration rate in the country has ranged between 54% and 56% over the last five years.
