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- July 27 2015
Cyber insurance now a priority for Australian firms
Country's digital networks are experiencing an increase in cyber-attacks, according to the Australian Cyber Security Center.
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- July 27 2015
Japan’s Meiji Yasuda acquires StanCorp for US$5bn
Japanese insurer agrees to acquire all outstanding shares for US$115 per share in cash.
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- July 24 2015
Peak Re buys into Caribbean insurer Nagico
The Fosun-backed reinsurer has agreed to buy a 50% stake in Nagico as part of its expansion into non-Asian markets.
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- July 24 2015
Myanmar halts licences for foreign insurers
No reason disclosed for suspension of licences to operate in Myanmar's special economic zones (SEZ).
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- July 24 2015
China expands medical insurance for critical illnesses
The critical illness insurance system will cover more urban and rural residents.
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- July 24 2015
Arig negotiating buyout of Takaful Re
Bahrain-headquartered Arab Insurance Group plans to take full control of loss-making Takaful Re.
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- July 23 2015
Insurance industry warns of effects of global tax reform
IUA warns regulators that complexity and an undue compliance burden will discourage investment.
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- July 23 2015
Aussie insurers seek to scrap “inefficient” taxes
ICA CEO Rob Whelan urges government leaders to abolish the "inefficient" insurance taxes.
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- July 23 2015
PhilNaRe to expand life and health business
Expansion in life and health follows PhilNaRe rise in market share to one-fifth last year.
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- July 22 2015
Asia’s non-life market to continue growth
Southeast Asia and emerging countries to lead premium growth of the non-life market this year, according to the Monetary Authority of Singapore.
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- July 22 2015
Tokio Marine looks for China growth opportunities
Japan's largest non-life insurer to use Citic's expertise and connections to accelerate business development in China.
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- July 22 2015
ASEAN integration to create healthcare opportunities
Free trade of goods and regulatory harmonisation to create US$160bn worth of opportunities, according to a report.
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- July 21 2015
Insurers ill-prepared for digital transition
Insurance executives reportedly lack confidence in adopting digital technologies, according to Bain & Co report.
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- July 21 2015
China to support online insurance businesses
China's central bank is encouraging insurers and other financial institutions to improve their online offering.
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- July 21 2015
Tower names Richard Harding as new CEO
Harding joins New Zealand's Tower on August 17, having previously been CEO of Territory Insurance Office.
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- July 21 2015
Anbang bids for London’s Heron Tower
Anbang Insurance is bidding £750m for the tallest building in the City of London financial district.
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- July 20 2015
Japanese insurers seek overseas growth
With a shrinking population at home, Japanese insurers continue to pursue growth opportunities through overseas M&A.
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- July 20 2015
India fines public-sector insurers for rigging bids
The Competition Commission of India found four insurance firms guilty of rigging a tender in Kerala in 2009.
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- July 20 2015
Hong Kong’s top insurance bodies merge
IIHK and CII merger aimed at improving and strengthening standards in the city's insurance and financial services market.
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- July 20 2015
Typhoon Chan-hom claims predicted at US$350m
Insured losses are unlikely to exceed US$354.3m, according to AIR Worldwide's catastrophe risk modelling.
