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- April 25 2016
Philippines tightens rules on pre-need, health insurance
The regulatory tightening follows a shortage in the trust fund of a local pre-need company.
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- April 22 2016
Dai-ichi Life boosts foreign bond and alternative asset holdings
The move is aimed at diversifying the insurer's portfolio risk and strengthening income generation.
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- April 22 2016
Japan, Ecuador quakes forecast to hit earnings
Recent earthquakes in Japan and Ecuador will substantially affect second-quarter earnings, says Morgan Stanley.
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- April 22 2016
China Life warns of big net profit decline for Q1
Asia-Pacific's biggest insurer says the drop could be as much as 60% due to a plunge in investment income.
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- April 22 2016
AIA bullish on Philippines despite low penetration
Insurance penetration has slowed to a growth rate of less than 2% during the past seven years.
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- April 21 2016
China’s property players eye insurance sector
High land costs and a growing need for cash-yielding assets is driving developers to bid on insurance operations.
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- April 21 2016
Japan’s negative rates seen forcing premiums hikes
Rates for savings-type products could go up by 10% to 20% by April 2017 to counteract the interest rate environment.
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- April 21 2016
Global insurers bullish on private equity returns
A quarter of CIOs and CFOs plan to increase allocations to private equity as they seek ways to increase returns.
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- April 20 2016
Korea to reform motor premiums to punish bad drivers
Insurance will be priced based on the specifics of each case to encourage reckless drivers to be more careful.
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- April 20 2016
Siam Commercial Bank courted for its life business
The Thai bank has reportedly received proposals from a number of investment banks, with an expected valuation of US$3bn.
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- April 20 2016
Chubb’s Asia Pacific chairman retires
Damien Sullivan will continue to serve the US insurer as adviser to its overseas general insurance business.
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- April 20 2016
Fubon Life’s Hong Kong subsidiary opens
Hong Kong chief executive Jerry Chou says the local life market still has great potential for further growth.
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- April 19 2016
Indian life companies warned on bancassurance
An industry group has warned life companies about relying too much on banks for selling insurance policies.
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- April 19 2016
China to name systemically important insurers
The Chinese regulator is set to release a list of insurers that may be considered too big to fail.
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- April 19 2016
Insurance shares drop following Japan quakes
The economic effect of the earthquakes in southern Japan has started to surface as the damage is surveyed.
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- April 19 2016
Fitch warns of Chinese insurers’ rising risks
The country's insurers could face rising risks in a number of areas as they increasingly invest overseas.
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- April 18 2016
World Bank, G7 to insure poor nations against disease
The fund will pay insurance premiums for poor countries coping with infectious epidemics such as ebola.
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- April 18 2016
Generali Group strengthens Thai operations
The company plans to boost its premium income tenfold, to become one of Thailand’s top 10 players.
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- April 15 2016
UN chief urges insurers on climate change
Ban Ki-moon has urged the industry to take a leadership role in managing and reducing climate change risks.
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- April 15 2016
Shanghai is home to 55 insurance headquarters
The city plans to build the industry further towards its goal of becoming an international centre for the sector by 2020.