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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
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- December 24 2015
Ace Group announces new APAC leadership team for Chubb
Paul McNamee also named as deputy regional president and regional head of P&C, Asia Pacific
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- December 23 2015
Sun Life shuts down wealth products
Canadian giant to focus on Life Solutions as part of a review in key markets, including Asia
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- December 23 2015
Baidu aims to become major auto insurance seller in China
Online search giant aims to capture 30% of the market in the next three years.
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- December 23 2015
Allianz Buys 51% of PNB Life in the Philippines
The two firms also enter into a 15-year exclusive distribution partnership
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- December 22 2015
Japanese nonlife insurers to introduce travel policies
Foreign tourists targeted as visitor numbers surge 48% this year.
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- December 22 2015
India’s general insurance penetration drops to 0.70%
Slower economic growth and entry of life players into the general market, attributed says GIC
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- December 22 2015
Mainland Chinese to spend US$3.9bn on insurance in HK this year
OCI released data show mainlanders taking 21.7% of the city's total new premiums.
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- December 22 2015
Australia’s financial, insurance sector spends US$2.2bn to fight fraud
Sophisticated cybercrime seen as one of the biggest threats to the country
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- December 21 2015
Sompo Japan seeks to acquire nursing care firm
Japanese property insurance giant seeks new profit source with acquisition of Message Co.
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- December 21 2015
Muang Thai Life seeks approval for Cambodia JV
Thai life insurer embarks on its first life-insurance venture outside Thailand and expected to receive approval early next year.
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- December 21 2015
Prudential expresses interest in Bangladesh
UK insurer eyeing majority stake in a proposed joint venture through IRDA
