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- July 8 2016
Swiss Re names new corporate solutions head for China
Jingwei Jia has been appointed chief executive officer for the operations for the Swiss insurer's China corporate solutions business.
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- July 8 2016
Huagui Life gets regulatory approval in China
The Chinese-listed holding firm is getting closer to achieving its plan to establish a new life insurance company.
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- July 7 2016
Malaysian insurers to benefit from tariff reductions
Many in the industry are seeing the detariffication process as leading to more competition and price wars.
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- July 7 2016
Taiwan deposit insurance coverage is world’s third highest
Coverage of NT$3 million indicates the country is succeeding at protecting local consumers and their assets, says the regulator.
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- July 6 2016
China eases rules on infrastructure investment
A slow economy and low returns have prompted China to ease regulation governing insurers' investments in projects.
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- July 6 2016
Mitsui Sumitomo issues corporate catastrophe bonds
The service provides a way for corporations to access capital quickly after a disaster occurs, with no lengthy claims process.
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- July 6 2016
Hong Leong gets go ahead on sale of life unit
The group is exploring the sale of its life insurance business in Malaysia, in a move analysts describe as a surprise.
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- July 5 2016
Korean insurers’ assets to hit W1,000tn in H2
Growing demand for post-retirement products will boost assets under management sometime in the second half of 2016.
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- July 5 2016
RGA enters India
The Reinsurance Group of America has secured approval from the regulator to establish a branch in the country.
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- July 5 2016
Sun Life Financial buys CIMB Sun Life
The Malaysian group has reportedly agreed to divest its entire stake in the joint venture for US$41.8m in a deal signed in March.
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- July 4 2016
Manulife Indonesia to spin off sharia unit
To expand its market share, the Canadian insurer intends to spin off its sharia business unit.
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- July 4 2016
Volatility from Brexit to affect insurers’ finances
Prolonged stock market volatility may eventually strain the capital adequacy ratios or the financial strength of insurers.
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- July 4 2016
Chubb names regional president
Paul McNamee will be primarily responsible for the general management and business results of the insurer's business in the region.
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- July 1 2016
Global insurance industry grew 3.8% in 2015
Despite moderate economic growth, the global insurance industry managed to grow respectably in 2015.
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- July 1 2016
Allianz appoints chief digital officer for Asia Pacific
The German insurer has hired Robin Loh for the newly created role of chief digital officer for the Asia-Pacific region.
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- June 30 2016
Chinese insurers reminded on improving disclosure
The country's insurance regulator has urged insurers to step up their corporate disclosure on equity investments.
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- June 30 2016
New China Life reshuffles portfolio
The move is aimed at focusing the company's attention on protection-oriented solutions and improving the share of regular premiums.
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- June 30 2016
ICICI Prudential to go public in September
India's first public offering of a life insurer is scheduled to go public by September with an IPO that is set to raise US$885m.
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- June 29 2016
Fairfax buys 80% interest in Indonesia’s AMAG
The deal is expected to be closed by the end of the fourth quarter of 2016.
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- June 29 2016
Korea set to ease insurance regulations
To help insurers boost their financial standing, the government will lift limitations on investments.
