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- March 28 2017
Vietnam seeks to expand health insurance coverage
With a growing elderly population, the government aims to bring the country’s insurance coverage to 100% by 2030.
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- March 27 2017
China’s first tech insurer to launch by 2020
Enterprises affiliated with the China Academy of Sciences are sponsoring the establishment of China’s first tech insurance company.
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- March 27 2017
China Life profit declines 45% in 2016
Chairman Yang Mingsheng said the performance was due to a decline in gross investment income.
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- March 27 2017
Chubb appoints Hong Kong life head
Michael Ho joins from Prudential as head of life insurance division Chubb Life in Hong Kong.
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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.