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- March 24 2017
Swiss Re: The destructive power of volcanic ash fall
Quantifying volcanic risks will improve insurability and strengthen urban resilience
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- March 24 2017
Ping An profit up 15% in 2016
China’s biggest insurer reported strong performance in 2016 thanks to improved sales and a gain from restructuring.
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- March 24 2017
China orders insurers to submit bond transaction report
The move is part of the insurance regulator’s move to tighten scrutiny as it becomes increasingly alert to risks.
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- March 23 2017
XL Catlin names new cyber and TMT head
Former QBE executive James Tuplin will oversee cyber and professional indemnity for the tech and media sectors.
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- March 23 2017
India mulls 100% foreign investment in broking
The government is planning to raise the limit from the current 49% to fund more development in the sector.
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- March 23 2017
Disappointing results forecast for China’s big insurers
Analysts say the lacklustre year was due to fierce competition, depressed returns and reserves top-ups.
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- March 22 2017
Asia to lead insurance M&A in 2017
About 47% of insurers in the region intend to hunt for deals — more than double the rate in North America.
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- March 22 2017
Hong Kong Life sold for US$914m
First Origin International, a Hong Kong-based investment firm, has paid HK$7.1b for the city's 10th-biggest insurer.
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- March 22 2017
United India Insurance eyes IPO
The state-owned general insurer will go public after New India Assurance and GIC.
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- March 21 2017
MyCC issue a misunderstanding, says AIA
AIA Malaysia has defended itself from allegations it participated in an anti-competitive agreement in the country.
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- March 21 2017
China leads global insurance growth in 2016
Initial projections show that the Asian economic powerhouse contributed nearly half of the world insurance market.
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- March 21 2017
Taiwan market set to lose up to US$4.9bn
The Taiwanese dollar’s appreciation and insurers’ foreign investment exposure could take a toll on the industry.
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- March 20 2017
KPMG: The New Deal
Driving insurance transformation with strategy-aligned M&A
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- March 20 2017
Regulator lowers punishment against CEOs of Korean insurers
FSS says the penalty against the CEOs is now a precautionary warning, or a notch lower than the one previously announced.
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- March 20 2017
Global M&A activity at lowest level in three years
However, Asian transactions were still robust, with 12 of the top 20 deals by value in 2016 involving an Asian insurer.
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- March 20 2017
Nippon Life plans US$4.4bn M&A investment
Japan's biggest life insurer says it is planning to double its net profit during the next the four years.
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- March 17 2017
Spring 2017
Owning up to risk: Time for Asian companies to get serious
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- March 17 2017
Berjaya Sompo appoints new CEO
The Malaysian insurance company has appointed Tan Sek Kee as its new chief executive officer.
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- March 17 2017
Future Generali India, UCO Bank ink bancassurance deal
The partnership will provide access to the bank’s clients in 3,060 branches across India.
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- March 17 2017
ADB to expand disaster support for Philippines via insurance
The Asian Development Bank is exploring disaster insurance options for one of the countries most vulnerable to natural disasters.
