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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.
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- December 2 2015
Hong Kong’s gross insurance premiums up 10.5%
Premiums in the city soared during the first three quarters of this year, says industry regulator.
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- December 2 2015
Zurich withdraws Singapore life insurance business
The Swiss insurer stopped writing new business in Singapore on Tuesday to streamline its business.
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- December 2 2015
AXA ups it stake in Indian joint ventures
The French insurer has raised its stake to 49% in both its life and general insurance JVs with Bharti.
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- December 1 2015
China Life completes London property acquisition
The Chinese insurer has acquired a 40% interest in 99 Bishopsgate, a premium office building.
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- December 1 2015
Global insurance rates drop in third quarter, says Marsh
Property insurance posted the biggest decline, with the biggest drops seen in the Asia-Pacific region.
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- December 1 2015
Nippon Life plans to launch Japan’s largest Reit
The trust will target a 4% return, aimed at large Japanese investors such as pension funds and banks.
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- December 1 2015
Taikang mulls US$16bn investment in Chinese elderly care
The Chinese insurer is planning to increase its investment in the sector during the next five years.
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- November 30 2015
China’s top court moves to protect insurance consumers
An increase in disputes in China's insurance industry has prompted a new judicial interpretation.
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- November 30 2015
Rapid growth of China’s agency force gives rise to concerns
Chinese insurers are hiring an army of sales agents, prompting warnings about mis-selling.
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- November 30 2015
Fubon Life set to acquire London building for US$715m
The Taiwanese insurer continues to snap up London properties as it seeks to diversify its portfolio.
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- November 27 2015
Chinese insurers’ overseas real estate splurge continues
DTZ/Cushman & Wakefield says that Chinese insurers will spend US$73bn on overseas properties in the next five years.