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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.
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- December 7 2016
KPMG adds three actuarial partners in Hong Kong
Paul Melody and Marco Warmelink join from Willis Towers Watson, while Michael van Vuuren joins from EY in London.
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- December 7 2016
Liberty Mutual agrees to acquire Ironshore for US$3b
The specialty insurer is being sold by Chinese conglomerate Fosun, which had been considering an IPO.
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- December 7 2016
Stable outlook for Japanese life industry, says Moody’s
After a protracted period of low interest rates, the ratings has agency changed its outlook from negative to stable.
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- December 6 2016
SCOR veteran to head PartnerRe life & health business
Marc Archambault, previously CEO of Asia-Pacific for SCOR Global Life, will be replaced by Craig Ford.
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- December 6 2016
US private equity joins race to acquire SBI Life
Blackstone, KKR and Bain are now competing with GIC and Canada Pension Plan Investment Board in the bidding.
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- December 5 2016
Cyber premiums to triple by 2020
Growth expected as the EU imposes new rules that will promote protection of data starting 2018.
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- December 5 2016
Singapore’s health ministry explains MediShield disparity
Relatively large premiums are expected to cover claims that recur and stretch to the future.
