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- July 17 2015
Australia’s QBE sells N American unit for US$90m
The sale is expected to free up more than US$100 million in capital and reduce policy sales by about US$400m.
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- July 17 2015
Ageas seeks buyer for Hong Kong unit
Morgan Stanley is reportedly seeking bidders for a deal that could fetch more than US$1 billion.
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- July 17 2015
Skilled insurance brokers in demand in Singapore
A skills shortage in the Lion City is forcing insurers to look overseas for talented insurance specialists.
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- July 16 2015
Deaths from natural disasters up sharply
Munich Re biannual review supports industry's claim that much of the world continues to be under-insured.
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- July 16 2015
Insurers cite regulation as top industry risk
Heavy-handed regulators are the top concern among insurers around the world, followed by fears over the broader economic outlook.
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- July 16 2015
Philippine insurers likely to hit US$4.4bn sales target
Sales growth likely to come from the country's non-life insurance sector, according to PhilNaRe.
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- July 16 2015
China Life posts record-high net income
China's largest life insurer posts a 103% rise in net income to NT$5.71 billion.
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- July 15 2015
‘No insurance, no entry’ for Chinese visiting Taiwan
Tourism bureau will require insurance that covers unexpected illnesses or injuries sustained while in Taiwan.
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- July 15 2015
Singapore mandates compareFIRST submissions
MAS will require all insurers in Singapore to submit information to new one-stop online portal.
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- July 15 2015
Guy Carpenter hails Panda bond as “historic”
Cat bond exemplifies the benefits of convergence between reinsurance and capital markets, says David Priebe.
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- July 15 2015
Peak Re appoints director for underwriting
Railovy Boyer will work with Peak Re’s underwriting, markets and analytics teams in Hong Kong.
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- July 14 2015
Allianz: Global Aviation Study 2014
Examining the global developments in the commercial aviation sector and air safety.
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- July 14 2015
Japan curbs Venezuela trade insurance deals
Depressed oil prices have led to fears that the South American producer may not meet its obligations.
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- July 14 2015
S&P warns Chinese insurers of equity risks
Insurers should stay prudent after China's relaxation of regulatory limits on equity investments.
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- July 14 2015
PICC buys US$1.6bn stake in Fujian bank
The acquisition increases PICC's stake in Hong Kong-listed Industrial Bank Co to 14%.
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- July 13 2015
PwC: Insurance 2020 and beyond—Necessity is the mother of reinvention
Insurance is an industry at a pivotal juncture as it grapples with the impact of disruption.
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- July 13 2015
Allianz Malaysia lowers 2015 growth target
CEO Zakri Khir, however, tells reporters that the insurer continues to expect satisfactory growth for 2015.
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- July 13 2015
India may remove foreign investment cap
India could relax rules as insurance broking is not a "capital-intensive business", says government.
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- July 13 2015
Chinese insurers inject US$18bn of liquidity
Regulator increases the limits for insurers to invest in blue-chip stocks to prop up sky-high stock market valuations.
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- July 13 2015
Fosun completes Meadowbrook acquisition
US insurer will keep its headquarters in Michigan and continue to operate under the Meadowbrook brand.