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- January 3 2017
India’s public and private insurers in the doldrums
Higher claims, rising operating costs and aggressive sales strategies are taking their toll on profitability.
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- January 3 2017
Insurers in Asia look for new lines amid motor decline
Falling sales in some of the region's major motor vehicle markets has weakened the primary source of premiums.
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- December 27 2016
Peak Re gets go signal for reinsurance subsidiary
Zurich-based subsidiary to provide opportunities for expansion in Europe.
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- December 23 2016
No buyers for troubled insurer Bumiputera
The Indonesian government is likely to consider state aid as efforts to find a strategic investor remain futile.
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- December 23 2016
China tightening issuance of insurance licences
The move comes amid efforts to reduce risks resulting from aggressive business and investment practices.
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- December 23 2016
Philippines budgets US$1bn for universal healthcare
The country's US$67 billion 2017 budget includes an 11.6% funding boost for universal healthcare.
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- December 22 2016
ING Life among 20 firms to go public in Korea in 2017
Korea's fifth-largest insurer by assets is expected to join about 20 companies going public during the second half.
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- December 22 2016
Thai life market growth to slow in 2017
Economic headwinds will keep the country's life insurance market growth to less than 10% next year.
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- December 21 2016
Indonesia urged to fast-track policyholder protection
The call was made following the replacement of the board of directors and commissioners of AJB Bumiputera 1912.
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- December 21 2016
Chinese insurer Zhongan scraps HK IPO plan
Instead, the insurer, which has more than 400 million customers, is considering listing in mainland China.
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- December 20 2016
Fairfax to acquire Allied World for US$4.9bn
Allied World will operate within the Fairfax group on a decentralized basis after the deal closes.
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- December 20 2016
Singapore seeks feedback on insurance scheme
Ministry of Health to review ElderShield as the country's population ages.
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- December 20 2016
Hong Kong caps insurance purchases of Chinese residents
Authorities roll out a series of curbs to control insurance-related outflows.
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- December 19 2016
China warns insurers on failed self-inspections
CIRC has warned 10 companies that failed to properly undertake self-inspections on their risk levels.
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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.
