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- December 11 2015
Negative outlook for reinsurance industry, says Moody’s
Shrinking demand and excess capacity has created sustained pressure on reinsurers.
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- December 11 2015
Sompo Japan scraps investment in reinsurer Scor
The Japanese nonlife insurer may also unload the shares it already owns in the French reinsurer.
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- December 11 2015
Zurich seeks to double premiums in Malaysia
The Swiss insurer wants to grow its market share to 5% during the next five years.
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- December 11 2015
Financial status of Korean insurers improves in Q3
Improvement attributed to higher returns from bond investments amid lower interest rates.
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- December 10 2015
China Life to buy Postal Savings Bank stake for US$2bn
China's biggest insurer is buying roughly 5% of the postal bank ahead of its Hong Kong IPO.
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- December 10 2015
Japanese insurers look forward to 2016 profit boost
Fitch predicts continued profit improvement next year after record profits during 2015.
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- December 10 2015
Foreign insurers win modest market share in China
Overseas companies continue to be dominated by local insurers despite gradual liberalisation.
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- December 9 2015
Winter 2015
Cracking cyber risk: Awareness of cyber risk is high, but pricing it is still a challenge
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- December 9 2015
AIG selling US$1bn stake in PICC P&C
The deal marks the second time that AIG is cutting its shareholding in the Chinese state insurer.
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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.
