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- August 22 2016
India pushes outsourcing norms for insurers
Activities such as medical examination, claims investigation and recovery may be outsourced under the new proposal.
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- August 22 2016
Global losses from disasters reach US$71b
About US$31 billion of the damages were covered by the global insurance industry, up 44% according to Swiss Re.
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- August 22 2016
Samsung Life to buy bigger stake in Samsung Securities
The Korean insurer is set to buy the 8% stake from its affiliate, Samsung Fire & Marine, it said in a statement.
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- August 22 2016
Chubb names new Singapore head
Adam Clifford becomes country president for general insurance in Singapore, subject to regulatory approval.
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- August 19 2016
Allianz, Axa join bidding war for StanChart rights
Bidding has started for the rights to distribute general insurance products through the bank's branches.
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- August 19 2016
Indian life insurers post double-digit growth
Industry officials credited the surge to huge participation in unit-linked insurance plans.
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- August 19 2016
Growth in Hong Kong life sector slowing
Weak domestic demand and new regulations in China are beginning to curb expansion.
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- August 19 2016
Japanese life firms want independent oversight
Key players in the industry are urging corporate Japan to strengthen oversight by outside investors.
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- August 18 2016
Philippines to develop new mortality table
The regulator will develop an updated table consistent with current underwriting and marketing practice.
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- August 18 2016
Vietnam sets social and health insurance targets
The country is aiming for at least 50% of the population to have social insurance coverage by 2020.
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- August 18 2016
Chinese insurers urged to list on OTC stock market
CIRC is promoting a new national over-the-counter market to exchange equity shares in non-public firms.
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- August 18 2016
Chubb appoints new P&C head for Asia Pacific
Jason Keen will have responsibility for the property and casualty business across the region.
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- August 17 2016
Manulife-Sinochem banks on digitalisation
The company's new strategy is no longer just about numbers, but personal engagement with customers.
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- August 17 2016
China Life to issue second hybrid security
The mainland life insurer's second US dollar subordinated bond could come as early as next month.
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- August 17 2016
Sun Life targeting more Asian acquisitions
Poor opportunities in its domestic market are leading the Canada-based insurer overseas.
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- August 17 2016
Price war looms after Malaysian tariff liberalisation
Increased competition means only well-capitalised companies are expected to withstand the heat.
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- August 16 2016
Insurers cater to Hong Kong’s ageing population
Hongkongers are the longest-lived people in the world and some insurers are catering to this ageing population.
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- August 16 2016
Profit drop for Ping An offset by banking arm
China’s second-largest insurer is expected to report a 3% decline in its profit for the first half.
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- August 16 2016
Malaysian developers seek project insurance
Sabah real estate companies have urged insurers to come up with a new insurance solution.
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- August 15 2016
Jack Howell named Zurich’s regional CEO
Stuart Spencer, interim Asia-Pacific CEO, will remain in the region working closely with Howell.
