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- June 23 2016
Japanese majors raise capital for 2020 rule
Among those that are increasing their capital are Sumitomo Life, Meiji Yasuda Life, Nippon Life and Dai-ichi Life.
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- June 23 2016
Axa plans to raise Asia earnings to US$1.1bn in 2020
The earnings increase is part of plans to increase profitability through cost cuts and digital investments.
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- June 22 2016
Restructuring to hurt Korean insurers in short term
Corporate restructuring initiated by the government may further hurt the capital soundness of domestic insurers.
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- June 22 2016
WeLab considers insurance venture
China's largest mobile lending and credit analytics platform is entering the insurance services business.
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- June 22 2016
Hong Kong market grows strongly in Q1
The upbeat tempo has been attributed to the establishment of the Independent Insurance Authority.
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- June 22 2016
AIR expands nat cat risk models for SE Asia
Capital providers now have a complete and updated view of earthquake and typhoon risk models.
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- June 21 2016
Asean pushes for integration of insurance sector
Member countries have set up a working group that will look into the integration of the sector within the region.
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- June 21 2016
Zurich sells general insurance operations in Taiwan
The sale is part of its efforts to restructure its global organisation and curb a decline in profitability.
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- June 21 2016
China Life vies with Yunfeng in iKang bid
A bidding war has ensued between the two Chinese buyers, who both want to delist the healthcare provider from Nasdaq.
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- June 21 2016
Max Financial and HDFC eye merger
The deal will potentially create the biggest private insurer in the country, overtaking ICICI Prudential.
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- June 20 2016
Fitch cuts outlook on 11 Japanese insurers
Increasingly difficult for insurers to be rated above the sovereign if they hold high levels of government debt.
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- June 20 2016
ANZ likely to sell insurance business
The sale is a response to regulatory challenges following the global financial crisis.
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- June 20 2016
Ping An eyes Hong Kong listing of securities unit
The majority-owned subsidiary of Ping An will sell up to 25% of the its total shares in the city.
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- June 20 2016
Losses from Kumamoto quake near US$3bn
Insurance and reinsurance losses continue to mount amid a late surge in claims payouts for damages.
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- June 17 2016
Taiwan firms warned against policy violations
The regulator is concerned about the high number of insurers burdened with excessive fees paid on sales .
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- June 17 2016
Chinese, European regulators to share information
The two industry watchdogs have agreed to share information on their frameworks for pensions and insurance.
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- June 17 2016
First parametric solution for Indonesian provinces
Aswata, Mercy Corps and Swiss Re introduce solution for microfinance institutions in Aceh and West Sumatra.
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- June 16 2016
Aspen offers piracy cover for South-East Asia
An increase in the number of incidents has prompted the launch of piracy and marine hijack cover tailored for the region.
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- June 16 2016
Malaysian takaful sector remains upbeat
The Islamic market is expected to withstand changes in the economic environment and continue growing at least until 2018.
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- June 16 2016
Munich Re and ADB sign US$250m deal
The landmark deal sees the creation of a US$250m insurance capacity on trade transactions in developing Asia.
