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- August 25 2016
Asian regulatory changes to boost reinsurance appetite
Regulatory measures put in place in the Asian markets could usher in a greater demand for reinsurance, according to Fitch.
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- August 25 2016
China’s reinsurance market to reach US$198bn by 2020
As the market grows, reinsurance premiums are expected to increase at a rate of 10% to 15% over the next few years.
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- August 24 2016
Dai-ichi’s subsidiary to acquire US Warranty Corp
The US$127m acquisition of the asset protection specialist is expected to conclude as early as this year.
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- August 24 2016
Malaysia’s Islamic insurers eye European markets
The continent's swelling Muslim population presents a long-term opportunity.
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- August 24 2016
Taikang aims for public listing in three years
The group will first consolidate its structure and lay out a clear strategy for the future.
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- August 23 2016
Singapore to improve ElderShield
The enhancement will complete the strengthening of Singapore’s social safety net during the past decade.
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- August 23 2016
Malaysia’s employment insurance needs more study
More research is needed before the scheme can be implemented across the country.
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- August 23 2016
Korea Deposit Insurance seeks Woori Bank buyers
The government is attempting to dispose of the controlling stake in the bank for the fifth time.
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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.
