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- November 28 2016
Global usage-based insurance market growing rapidly
The market is expected to reach US$123 billion, growing at a rate of 36.4%, during the next six years.
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- November 28 2016
Macau life insurance market expands by more than 50%
The popularity of life products helped the city's insurance sector surge during the first three quarters of this year.
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- November 28 2016
Anbang to offer international bond to fund more acquisitions
It remains unclear how much the Chinese company is seeking to raise through the offering.
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- November 25 2016
More SMEs recognise cyber risks
The risks posed by cybercrime are rapidly generating more concern among small and medium-sized enterprises.
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- November 25 2016
Mitsui Sumitomo to offer cover for bitcoin losses
Developed with bitcoin exchange operator bitFlyer, the product aims to protect both exchanges and their customers.
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- November 25 2016
Asean insurance premiums up 2.9% in 2015
Cambodia, Vietnam and the Philippines recorded the highest growth in terms of total gross written premiums.
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- November 25 2016
Tencent and investors sign HeTai Life deal
The Chinese internet giant invested through a subsidiary, while other shareholders include Citic Guoan and Munson Capital.
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- November 24 2016
Cost of fraudulent NHI claims hits new record in Taiwan
Among the 2,285 medical facilities the NHIA investigated in the past three years, 1,108 breached the regulations.
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- November 24 2016
China’s insurance regulator to get strict on trading habits
CIRC will beef up scrutiny after an insurer was recently found to be engaging in “rat trading”.
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- November 24 2016
Emerging Asia to cushion expected drop in premiums
Swiss Re has said the main driver of growth in both life and non-life sectors will be emerging markets.
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- November 24 2016
XL Catlin launches emergency security, disaster solution
The solution is tailored for businesses in Asia and is underwritten out of HK, Singapore, London and Guernsey.
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- November 23 2016
Indian life insurers hit by demonetisation
The demonetisation of 500 and 1,000 rupees notes is affecting payments of renewal premiums.
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- November 23 2016
Anbang eyes US$2.3bn Japanese property acquisition
The China-based insurer is now in talks with Blackstone to buy the residential property assets.
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- November 23 2016
China to boost healthcare insurance system
The government will expand coverage to the entire population, according to Premier Li Kequiang.
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- November 23 2016
AIG loses on Fuji Life, gains on Seoul finance centre
The expected US$30m loss on the Fuji sale will be cushioned by a deal to sell the Seoul IFC.
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- November 22 2016
UK government urged to prioritise China, India links
The Association of British Insurers wants Westminster to help crack foreign markets after the Brexit referendum.
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- November 22 2016
Prudential partners with Citic to open new China branch
The new branch in Hefei adds to Citic-Pru Life's domestic network, spanning 66 cities across 16 provinces.
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- November 21 2016
Taiwan insurers urged to buy long-term debt
The regulator's call comes at a time when the government's bond sales are struggling.
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- November 21 2016
Zurich axes spending to boost profits
Savings of US$1.5b expected as the group embarks on a cost-cutting initiative under new CEO.
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- November 21 2016
HNA quits Taiwan venture to launch own unit
The Chinese conglomerate is dropping its money-losing venture with Shin Kong Life.