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- January 7 2016
Fitch forecasts growth for Malaysia’s takaful sector
After strong growth in 2015, the momentum will continue thanks to demographics and government support.
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- January 6 2016
China launches insurance-backed infrastructure fund
An initial pool of Rmb40bn will be used to fund strategic projects, including the Belt and Road Initiative.
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- January 6 2016
Claims from natural disasters drop in 2015
Insured losses fell to US$27bn, well below the 10-year average of US$180bn, according to Munich Re.
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- January 6 2016
China Life among top 10 global insurers by net premiums
The Chinese insurer is the only Asian firm to make the list, which is dominated by US and European names.
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- January 6 2016
Philippine central bank likely to raise insurance budget
The BSP is reportedly reviewing its insurance funds and could up its allocation from the current P3.65bn.
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- January 5 2016
IAG secures US$7bn reinsurance cover for 2016
The new programme provides protection for most parts of Asia, as well as Australia and New Zealand.
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- January 5 2016
Unclaimed insurance payouts in Singapore top 8,000
A total of 8,185 insurance payouts have not been claimed by policyholders as of September 2015.
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- January 5 2016
Generali appoints head of broker relationships in Asia
Giovanni di Meo is being transferred from Milan to strengthen Generali’s position in the region.
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- January 5 2016
Japanese firms to continue M&A hunt in 2016
The US market will continue to be the focus of acquisitions due to its ability to absorb large sums of cash.
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- December 31 2015
Korean life firms acquire solar power project in Japan for US$172m
Kyobo Life, Heungkuk Life and Hanwha Life, acquire 41.3MW solar project in Kagoshima
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- December 31 2015
China warns insurers on risks of stock investments
Insurance firms asset-liability management face increased risks with the rise of capital market volatility.
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- December 31 2015
Malaysia market forecast to grow up to 5% in 2016
Figure in line with Government's 4-5% economic growth forecast for next year
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- December 30 2015
Indonesia to maintain premuim revenue growth in 2016
Life companies forecast to post a 20%-30% increase next year, according to AAJI
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- December 30 2015
Deutsche Bank sells Hua Xia Bank stake to Chinese insurer
German lender agrees to sell it's 19.99% stake to China's PICC Property and Casualty Company
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- December 30 2015
China’s premiums up nearly 20% in Jan-Nov period
Life premiums also up by nearly 25% within the same period
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- December 29 2015
Mitsui Sumitomo raises stake in India JV
Japanese firm increases stake in Cholamandalam MS General Insurance to 40%
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- December 29 2015
Japan supports Myanmar in developing market
Up to US$40 billion of potential growth seen as Japanese firms assist with training programmes and expertise.
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- December 29 2015
Vietnam’s insurance industry invests US$6.7 in economy
Long term government bonds seen as popular investment among life and nonlife firms in 2015
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- December 24 2015
Three Chinese life firms consider US$3.1bn bond launches
An Bang Life Insurance, Happy Life Insurance, and Tian'an Life Insurance looking to tap the markets.
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- December 24 2015
Anbang acquires new shares in China Vanke for US$438m
Chinese insurer increases stake to 7.01% in country's property developer
