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- August 15 2016
New rules in licensing Philippine HMOs due soon
The new guidelines will be out by the end of August, according to the Insurance Commission.
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- August 15 2016
Japan’s life insurers see drop in income
A strong yen, gloomy stock market and negative interest rates are weighing on performance.
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- August 15 2016
India pushes for insurers’ mandatory listing
Insurers that have been in business for eight years may have to list publicly under new plans.
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- August 12 2016
Singapore reports strong growth in life insurance sector
Weighted new business premiums in the city state rose 13% during the first half of 2016.
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- August 12 2016
Ageas profits exceed expectations
Asian profits were boosted by the sale of its Hong Kong business and life insurance sales in China and Thailand.
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- August 12 2016
Korea’s life and non-life insurers suffer contrasting fates
Life firms have performed poorly because of the prolonged low-interest environment and economic slowdown.
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- August 11 2016
Philippine insurance adjustment open for foreigners
The lifting of a foreign investment ban is seen as a way to encourage competition and best practices.
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- August 11 2016
Taiwan revision on equity charges hurts risk profiles
The recent move to revise risk charges on local insurers’ equity positions is credit negative, says Moody’s.
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- August 11 2016
Singapore IP insurers suffer high medical costs
Some Integrated Shield Plan insurers in the city are struggling as profits succumb to higher costs.
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- August 10 2016
HDFC Life and Max Life agree merger terms
The terms of the three-step merger have been announced after the boards of all four firms approved the terms.
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- August 10 2016
Life insurance sector in South-East Asia to grow 8%
New distribution channels and innovative marketing strategies are expected to fuel growth between 2016 and 2020.
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- August 10 2016
Japan urges better risk management over cross shareholdings
Waiting to be rescued by friendly companies is no way to deal with crises, warns Japanese industry body.
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- August 9 2016
Three new firms join domestic competition in China
Fosun United Health Insurance, Hetai and Aizin Life have been given the green light to launch.
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- August 9 2016
Malaysia market set for a major facelift
Bank Negara says the industry is set for its most significant transformation since the early 1990s.
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- August 8 2016
Only 2% of China flood losses covered by insurance
Economic losses from the recent Mei-Yu rainfall dwarfed the insurance claims, according to Aon Benfield.
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- August 8 2016
Aviva Asia’s value of new business drops
The weaker performance was largely attributed to the end of a bancassurance partnership with DBS.
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- August 5 2016
Healthcare benefits continue to rise in Asia
Medical insurers say costs are increasing due to overuse of care and underuse of preventative services.
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- August 5 2016
Mirae Asset eyes PCA Life acquisition
The deal is part of the midsize life insurer's plan to become one of Korea's top-five life insurers, outranking ING Life.
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- August 5 2016
Sun Life HK to buy FWD Life’s Bermuda pension business
The two companies will also enter into an exclusive 15-year pension distribution agreement.
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- August 5 2016
Philippines court upholds liquidation ruling on Prudentialife
The company will have to continue paying claims to policyholders, four years after it was put into receivership.
