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- February 2 2017
Blockchain-based insurance platform launched in Thailand
The decentralised platform was launched by the creators of the peer-to-peer YoCoin digital currency.
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- February 2 2017
ING Life Korea head secures another term
Cheong Mun-kuk will serve for another three-year term and oversee IPO planned for May.
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- February 1 2017
Future Generali seals India bancassurance deal
The deal with state-owned Bank of Maharashtra gives access to distribution through 1,896 branches.
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- February 1 2017
Strong Asia performance helps lift RGA’s Q4 income
The results continue a pattern of good overall momentum and earnings diversification.
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- February 1 2017
Union Bank inks bancassurance deal with Insular Life
The Philippines bank offers a network of more than 300 branches and six million customers.
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- February 1 2017
India’s SBI Life eyes IPO within next fiscal year
Chief executive officer Arijit Basu says the life insurer may sell a 10% stake by March 2018
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- January 31 2017
QBE plays down Allianz takeover report
Firm issues statement denying it was in discussion after report appears in German newspaper.
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- January 31 2017
S Korean insurers post 34.3% rise in online sales
Non-life firms sales had risen to a total of W1.4 trillion (US$1.19 billion) in 2016.
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- January 30 2017
India drafts guidelines on outsourcing insurers’ activities
IRDAI proposed rules designed to ensure firms comply with prudent risk management practices.
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- January 30 2017
Zurich, Chinese bank tie up on bancassurance
Indonesian entity of Swiss giant partners with Bank of China to explore bancassurance services.
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- January 27 2017
Japanese insurers expand cyber attack coverage to IoT
Several of the country's major non-life insurers are offering wider coverage and higher payout limits.
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- January 27 2017
Consortium to explore use of blockchain in insurance
The Blockchain Insurance Initiative is planning to announce several new members in the next weeks.
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- January 27 2017
Samsung Life’s 2016 net profits hit US$1.83bn
However, excluding a one-time profit, actual net profits slightly declined from a year earlier.
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- January 27 2017
China introduces new agri insurance subsidies
The new measures will better evaluate performance the subsidies, the Ministry of Finance said.
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- January 26 2017
Intesa SanPaolo in tie up opportunities with Generali
A tie-up between the two companies would create Italy's largest financial conglomerate.
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- January 26 2017
China limits insurers’ stock investments to 20%
Chinese insurers will be restricted from buying listed firms or partnering with non-insurance parties.
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- January 26 2017
Nippon Life to venture into project finance
With some Japanese government bonds paying negative yields, insurers are exploring new ideas.
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- January 25 2017
New ILO rules make seafarers’ insurance mandatory
Ship owners are now required to have insurance to cover claims for death or long-term disability.
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- January 25 2017
Thailand’s SCB Life up for sale
The process to sell a 49% stake stalled last year after changes in foreign shareholder rules.
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- January 25 2017
Swiss Re to open Mumbai branch on February 1
India's regulator has approved the Swiss reinsurer’s application for a composite branch licence.
