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- September 3 2015
Vietnam’s insurance market up 23% in five months
Insurance firms in Vietnam enjoyed a robust first five months of the year in total premium revenue.
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- September 3 2015
Asia now accounts for 28% of global insurance market
Asia now ranks third in terms of global market share, behind Europe with 35% and N America with 29%.
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- September 3 2015
Anbang fails in bid to buy Portugal’s Novo Banco
The US$4.5bn bid has fallen through after month-long exclusive talks with Portugal's central bank.
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- September 2 2015
Tianjin blasts will not affect profit, say Chinese insurers
PICC and CPIC say the effect of the accident will be minimal due to reinsurance.
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- September 2 2015
MetLife appoints Bharat Kannan to lead distribution
He will lead agency, bancassurance, employee benefits and global relationship management channels.
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- September 2 2015
Khor Hock Seng to step down as CEO of Aviva Asia
Chris Wei will continue to oversee the region and lead Aviva’s Asia growth strategy.
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- September 2 2015
Japan’s life insurers using shareholder power
More frequent opposition at shareholder meetings is aimed at improving corporate profits.
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- September 1 2015
QBE hires Mark Lingafelter to grow Asia-Pacific business
The former CEO of Chubb in Australia joins as managing director for the region.
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- September 1 2015
Thailand to revive travel insurance for visitors
The tourism ministry is considering the proposal following the recent bomb attack.
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- September 1 2015
Vietnam extends health coverage to weekends and holidays
Health examinations and treatment during holidays and weekends will now be covered.
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- September 1 2015
Macau casinos take out kidnap insurance to protect patrons
Alarmed by the rise in hostage-taking, casinos are turning to specialist insurance.
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- August 31 2015
Chinese private equity firm buys Ageas HK unit
JD Capital has struck a deal to buy Ageas’s Hong Kong life insurance unit for HK$10.7bn.
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- August 31 2015
AmCham urges China to open insurance sector
China's insurance industry lacks the experience of foreign insurers, says the US business group.
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- August 31 2015
Thailand providing health insurance to 1.7m migrant workers
The Public Health Ministry says its health insurance programme has more than doubled since 2007.
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- August 31 2015
Chinese insurers join Uber’s US$1bn fundraising
China Life and Ping An Insurance take part in the fundraising of Uber Technologies' China arm.
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- August 31 2015
China trials first earthquake insurance in Yunnan
Six insurance companies have joined in the launching of China's first earthquake insurance trial.
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- August 28 2015
China Life posts 71% profit rise
China Life continues to widen its footprint after bumper life insurance sales during the first half.
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- August 28 2015
Commercial premium declines likely to ease this year
Rates dropped globally during the second quarter of this year, led by Asia Pacific, according to Marsh.
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- August 28 2015
Pakistan raises insurance capital requirements
Regulators have increased the minimum paid-up capital requirement for insurers by US$1.9million.
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- August 28 2015
India’s life sector forecast to hit up to US$400bn by 2020
MetLife has said that India's life insurance industry to grow between US$350-400bn by 2020.