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- 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.
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- 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.
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- 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.
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- 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.
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- July 19 2016
Thai Samsung aims for aggressive growth
After investing heavily in building a network of agents, Thai Samsung Life is now aiming to break even in the near future
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- July 19 2016
Vietnam imposes ceiling on foreign reinsurance
Foreign companies can now only reinsure up to 90% of their total insurance liability due to ‘issues with overseas reinsurance’.
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- July 18 2016
Regulations hinder Chinese firms’ Israeli ambitions
Transparency issues are making it hard for Chinese companies to pursue controlling stakes in Israeli insurance firms.
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- July 18 2016
FWD signs Vietnam distribution agreement
The 15-year bancassurance deal solidifies FWD’s market entry as it completes the acquisition of Great Eastern Life Vietnam.
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- July 15 2016
Losses from disasters up in first half of 2016
Deaths from natural catastrophes decreased sharply worldwide during the first half of 2016, but financial costs increased.
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- July 15 2016
Berkshire launches two new D&O solutions
The products cover liabilities associated with capital raising Side A protection for corporate board members.
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- July 15 2016
OJK expected to oversee Fairfax-AMAG merger
Regulatory supervision may be slowing the Canadian firm's plans to acquire general insurer Asuransi Multi Artha Guna.
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- July 14 2016
Vietnam’s insurance industry investment up 500%
Last year was a successful one for Vietnamese insurers after total premiums recorded the sharpest increase in the last 10 years.
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- July 14 2016
Strong growth projected for global travel insurance
The outlook and growth prospects for the global travel insurance industry remain upbeat, according to Technavio’s latest report.
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- July 14 2016
Bright outlook for microinsurance, says research
The mandatory need for microinsurance, particularly among life and accident products, is boosting growth.
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- July 13 2016
Malaysia plans insurance fraud detection system
The system will allow member companies to take appropriate action in a move to cut the rising cost of motor claims.
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- July 13 2016
India’s Edelweiss to launch insurance company
One of the country's leading diversified financial services companies is preparing to enter its competitive insurance industry.
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- July 13 2016
Metlife Japan names David Gee new CIO
The new chief investment officer will launch a major technology transformation project as it migrates from older systems.
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- July 13 2016
ING Life sale expected to drag on
JD Capital and PICC have emerged as the most aggressive preliminary bidders in the sale of the Korean insurer.
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- July 12 2016
Major Chinese insurers to face stricter rules
The country's top insurance regulator is set to release a list of domestic systemically important insurers.
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- July 12 2016
Taiwan’s NHI launches open data website
The government launch of an insurance website has given the public access to six categories of open insurance data.
