-
- July 27 2016
Hong Kong insurers defy asset slide
Insurers in the city managed to report a 3.5% increase in assets under management during 2015.
-
- July 27 2016
Investment scope for Singaporean insurers broadened
The Monetary Authority of Singapore is considering relaxing restrictions imposed on insurers' investments.
-
- July 27 2016
GIC Re aims for global recognition
Chairman Alice Vaidyan said that GIC will be among the top 10 ranked global reinsurers by 2020.
-
- July 26 2016
Vietnamese life market booming
Total life insurance premiums reached close to US$1bn for the first half of 2016, according to the Vietnam Insurance Supervisory Authority.
-
- July 26 2016
China underinsured based on recent flood claims
Claims arising from the recent flooding are expected to reach a small fraction of the full economic loss.
-
- July 25 2016
Discovery enters Japan market with Sumitomo, Softbank
South Africa’s third-biggest insurer plans to introduce its health reward programme, Vitality, with its new partners' help.
-
- July 25 2016
Korean insurers log record outbound investment
Low yields at home have driven increased overseas investment in a bid to generate higher returns.
-
- July 25 2016
Prudential, Taiyo pull out from Bangladesh entry
The two insurers are reportedly withdrawing their plans to expand in the saturated but underdeveloped market.
-
- July 22 2016
EQ Insurance partners with Validus Capital
Singapore insurer to offer investor protection to SME lending platform Validus Capital.
-
- July 22 2016
Korean policyholders spend US$3,000 on average on cover
Korea’s premium per person is 18th highest in the world according to Swiss Re.
-
- July 22 2016
Asian insurers unprepared for climate change risks
Firms lag behind in their preparations to deal with ill effects of climate change on their businesses, according to AODP.
-
- July 22 2016
Dai-ichi to open business in Cambodia
Japanese major scheduled to open a representative office in Phnom Penh by end of July.
-
- July 21 2016
Chinese insurers hampered by weak risk management
Insufficient risk management professionals and tools make transition to a new risk-oriented solvency system challenging, says PwC.
-
- July 21 2016
Demand for insurance-linked investments remains robust
Large institutional investors continue to show strong demand for alternative investments such as ILS funds and catastrophe bonds.
-
- July 20 2016
ICICI Pru Life’s IPO poised to be India’s biggest in six years
The listing is expected to take place this year, with proceeds of up to US$745m going to majority owner ICICI Bank.
-
- July 20 2016
Khazanah eyes control of Hong Leong insurance arm
The Malaysian state-owned fund is reportedly considering an US$800m bid for control of the two companies.
-
- July 20 2016
Manulife Vietnam gets green light to raise charter capital
The approval means Manulife Vietnam can raise its charter capital by 38%, its second hike in eight months.
-
- July 20 2016
Taiwan set to tighten rules on life insurance products
Regulators intend to lower the current 5% insurance policy bancassurance fees to 3.5% to contain costs.
-
- July 19 2016
Indian life firms post strong growth
Statistics from June show a 23% increase in annualised premium equivalent, according to Kotak Institutional Equities Research.
-
- July 19 2016
Singapore regulator eases capital requirements
MAS has acknowledged the need to relax the capital requirements of insurers as revealed in a proposed revised framework.
