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- September 25 2015
Swiss Re to acquire Guardian Financial for US$2.44bn
Swiss Re joins the deal frenzy that is currently taking place in the global insurance industry.
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- September 25 2015
Gadgets won’t help insurers’ bottom lines, says Pru
Smart devices could lead to the decline of conventional risk pools as preventable accidents drop.
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- September 25 2015
China plans crackdown on illegal insurance activity
CIRC is deploying new technology to monitor and regulate the growing agency force.
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- September 24 2015
Chinese insurers’ global buying spree hits US$6.1bn
Moody's says the outbound trend will continue unless there is a big change in interest rates.
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- September 24 2015
Japanese insurers’ face US$165m claims for Tianjin blasts
The country's top-four nonlife insurers will pay out claims for damage to finished automobiles.
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- September 24 2015
Interest for RSA Insurance likely to come from Asia
CEO Stephen Hester says the insurer will get other approaches after Zurich pulls out.
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- September 24 2015
Korean insurers’ RBC ratios hit two-year low
Risk-based capital ratios of 56 insurers dipped to an average of 278.2% in the second quarter.
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- September 23 2015
KPMG: The insurance innovation imperative
A new world of opportunity - an insightful view of the innovation challenges, opportunities and considerations for the industry
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- September 23 2015
Cathay Life completes US$240m Conning acquisition
Conning will be led by its current president and chief executive officer, Woody Bradford.
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- September 23 2015
Moody’s keeps stable outlook for Chinese insurers
The credit rating agency warned China's insurers on headwinds that may affect creditworthiness.
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- September 23 2015
Tokio Marine wins approval to buy HCC for US$7.5bn
The deal was initiated in June but had to wait for approval from shareholders.
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- September 23 2015
Markel appoints new head in China
Hu Qianhai has been appointed to lead the team providing solutions to Chinese insurers.
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- September 22 2015
Towers Watson: 2015 Asia Pacific Benefit Trends
Innovate to Drive Value from Benefits
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- September 22 2015
Fire premiums on the rise in Japan
The increase is being driven a number of large-scale natural disasters in recent years.
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- September 22 2015
Chinese insurers now allowed to set up PE funds
Insurers can set up growth, buyout, mezzanine, real estate and venture capital funds.
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- September 22 2015
Hong Kong to launch Insurance Authority by year-end
The proposed Insurance Authority will replace the Office of the Commissioner of Insurance.
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- September 22 2015
Zurich abandons US$8.7bn RSA bid
It is puling out of a bid to acquire the British insurer due to a US$200m loss in Q3.
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- September 21 2015
Vietnam’s PM wants 85% health coverage by 2020
Nguyen Tan Dung says he wants those living in poverty to fully benefit from health insurance.
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- September 21 2015
Insurance industry fails to innovate, says KPMG
Executives recognise the risk of falling behind but struggle to kindle an innovative spark.
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- September 21 2015
China Re wins approval for US$2bn Hong Kong IPO
The company is offering up to 15% and expects to pitch the deal to investors in early October.