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- December 19 2016
Indian insurers may raise premiums in cyclone-prone areas
Insurers are considering raising premiums for properties located in low-lying areas on India's east coast.
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- December 19 2016
2016 disasters cost US$158bn, says Swiss Re
Insured losses rose by 30%, but covered less than a third of the costs incurred from catastrophes.
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- December 16 2016
Etiqa Takaful inks partnership deal with Pos Malaysia
The insurance and takaful business of Maybank has sealed a deal with Malaysia's postal delivery service provider.
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- December 16 2016
LIC appoints new chairman
VK Sharma succeeds SK Roy, who quit abruptly after an investigation into alleged misconduct.
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- December 16 2016
Tokio Marine buys 50% stake in eSentry Underwriting
The Japanese insurer has bought a controlling stake in a specialist underwriting agency based in Australia.
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- December 15 2016
CIRC to set news rules on leverage acquisitions
The Chinese regulator has denounced insurers' leveraged buying spree and announced tougher new rules.
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- December 15 2016
Singapore’s finance and insurance industry faces slowdown
Analysts have slashed the city's growth forecast for 2016 to just 0.5%, down from a 2% projection in September.
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- December 15 2016
Malaysia’s life market continues strong growth
The gross sum assured for all new individual policies went up 25% in the first three quarters of the year.
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- December 14 2016
Japanese optional auto insurance premiums set to drop
Improvements in vehicle safety may be good for car owners in Japan, but not so good for insurers.
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- December 13 2016
Guy Carpenter’s James Nash to head international division
The Asia-Pacific CEO has been appointed to the newly-created role of president, international and will relocate to London.
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- December 13 2016
AIA stresses quality over quantity
Productivity and protection policies have been the secret to why business in China has been so successful.
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- December 13 2016
No hike in Vietnam’s health insurance fees
The ministry has said fees will remain at 4.5% of salaries for public-sector workers or those in full-time employment.
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- December 12 2016
Philippines pushes wider insurance access for SMEs
Legislators are working on a government subsidy of the insurance premiums to be paid by smaller businesses.
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- December 12 2016
Singapore motor insurance industry set for growth
The sector is buoyed by growing rental business, more use of telematics and a trend of younger buyers.
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- December 9 2016
Taiwan premiums set to break record
Total premium payments collected this during the first 10 months of this year is up by more than 6%.
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- December 9 2016
Insurers failing on climate risk
The sluggish response toward climate risk has left an annual US$100 billion gap of uninsured losses.
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- December 8 2016
Indonesia’s larger infra budget to benefit insurers
Indonesia will see a bigger infrastructure budget for 2017 and it will be favourable to many insurers.
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- December 8 2016
Regulators map out sustainable development
The international network will promote cooperation on issues such as climate change.
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- December 8 2016
Diversification, innovation key to growth, says Swiss Re
Industry players in Asia may find opportunities in the market’s low penetration rate and diversification strategies.
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- December 8 2016
MAA boosts stake in Philippines general insurer
MAA General Assurance Philippines will soon become a subsidiary firm of MAA Group.
