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- August 4 2016
Global mutual insurance sector sees modest recovery
Relative premium performance has improved recently, according to Swiss Re's latest Sigma report.
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- August 4 2016
Capital requirement for Philippine insurers to double
All existing insurers will have to increase their minimum capital to Ps550 million by the end of 2016.
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- August 3 2016
Korean non-life profits recover in first half
The favourable performance has been credited to the easing of losses in the auto sector.
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- August 3 2016
Singapore to finance insurance tech startups
Eligible startups will include those working on claims processing, fraud prevention and automated advice.
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- August 3 2016
Anbang’s plan to buy Allianz Korea still in limbo
The group hasn't applied for government approval, drawing speculation that the acquisition has stalled.
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- August 2 2016
Maybank Ageas plans to double in size by 2020
Malaysia’s fourth-largest insurer has not ruled out acquiring other insurers to boost its size.
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- August 2 2016
AXA and Alibaba agree global strategic partnership
The companies will seek to work together to co-innovate and develop value-added products and services.
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- August 2 2016
Capital rules not costly for Philippine HMOs, says IC
Higher paid-up capital unlikely to translate into higher costs, according to the Insurance Commission.
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- August 1 2016
China sells first quake policy
The country's first earthquake insurance policy was recently sold in Tangshan province.
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- August 1 2016
China insurance industry sees 54% drop in profits
The falling returns were largely due to the gloomy stock market, low interest rates and economic slowdown.
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- August 1 2016
OCBC suffers dip in insurance earnings
Singapore's second-biggest lender suffered from the performance of its insurance operations in Q2.
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- July 29 2016
India’s general insurance sector posts 20% growth
The country's private insurers continue to post better performance than their counterparts in the public sector.
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- July 29 2016
Manulife and QBE enter distribution agreement
The products under the agreement cover travel, motor, home and employee compensation insurance.
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- July 29 2016
China calls for slowdown on global capital standards
Chinese insurance regulators have asked for a go-slow approach in developing international insurance capital standards.
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- July 29 2016
AIA Group posts record growth in new business
The largest independent publicly-listed pan-Asian life insurance group posted a record 37% growth in the first half.
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- July 28 2016
China begins checking on insurers’ bad practices
The country's insurance regulator is cracking down on insurers whose bad industry practices have gone unchecked.
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- July 28 2016
Korea’s KDB Life struggles for buyers
There seems to be no takers so far for the insurance unit of state-owned lender Korea Development Bank.
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- July 28 2016
Foresea Life likely to win bid for Asia Capital Re
The Chinese company, owned by Baoneng Group, is expected to win the bid for the Singapore-based reinsurer.
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- July 28 2016
Philippines to implement bill of rights for policyholders
The insurance regulator is beefing up efforts to protect clients with the implementation of standardised rights.
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- July 27 2016
Fosun to spin off insurance arm in IPO
Ironshore will be sold in an initial public offering on either the New York Stock Exchange or the Nasdaq market, the company says.
