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- December 9 2015
China’s first insurance development index released
The index shows 70% of total insurance fees during 2014 were from vehicle insurance.
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- December 9 2015
Prudential planning to sell PCA Life Korea
The British insurer is reportedly selling its Korean unit as part of an Asian restructuring.
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- December 9 2015
HK’s Insurance Authority needs HK$650m seed cash
The insurance body will regulate the city's sales force and crack down on malpractice.
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- December 8 2015
China’s non-life sector likely to weaken, says Fitch
The sector's growth dynamics could weaken if vehicle sales continue to stagnate.
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- December 8 2015
Conning appoints Bo Kratz as Asia Pacific CEO
He will lead the regional strategic plan for both Conning and Cathay Financial Holdings.
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- December 8 2015
Zurich looking outside for next CEO
The company's board wants to bring in an outsider after Martin Senn's resignation last week.
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- December 8 2015
Fubon gets green light to buy stake in Hyundai Life
Korea's Financial Services Commission has approved the purchase of a 48% stake.
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- December 7 2015
China eases rules on insurers’ overseas offices
CIRC scraps requirement for Chinese insurers to get pre-approval to open offices abroad.
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- December 7 2015
Korea’s online car insurance competition heats up
A new online insurance supermarket is creating fierce competition among car insurers.
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- December 7 2015
Global cyber insurance up in Q3
Cyber became the only insurance line that saw consistent rate increases during Q3.
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- December 7 2015
Moody’s upgrades Taiwan’s Cathay Life
Structural improvement in its profitability prompts upgrade to insurance financial strength rating.
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- December 4 2015
Fitch says Malaysia’s insurance sector to remain stable
Malaysia's insurance and takaful sector remain strongly capitalised, supporting premium growth.
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- December 4 2015
Taiwanese insurers cleared to buy 100% of Vietnamese banks
Taiwan's FSC Chairman Tseng Ming-chung announced the development after a trip to Vietnam.
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- December 4 2015
Sun Life plans to raise stake in Indian JV
The Canadian insurer is the latest foreign player to raise its stake in an Indian life insurance JV.
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- December 4 2015
Zurich to exit general insurance in Middle East
The embattled insurer is expected to exit the region by the end of 2016 as part of a global restructuring.
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- December 3 2015
Sun Life of Canada to invest in Philippine power industry
The investment will feature a 12-year loan agreement between the Canadian insurer and private partners.
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- December 3 2015
Zurich CEO Martin Senn quits
Resignation follows losses in the general insurance business and a failed takeover bid for RSA Insurance.
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- December 3 2015
Axis Capital to join Lloyd’s China platform
Subsidiary Axis Syndicate 1686 will focus on treaty reinsurance business beginning January 1, 2016.
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- December 3 2015
SAIB becomes first Chinese Lloyd’s broker
Shanghai Asian Insurance Brokers plans to develop reinsurance brokerage and internationalise.
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- December 2 2015
ACE Life seeks up to 30% premium growth in Indonesia
The insurer has said that it will add more agents and partner with more banks next year.
