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- July 10 2015
ACE Group names new country head for the Philippines
Peter van Ratingen replaces Daniel Daly at property and casualty giant.
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- July 10 2015
Chinese monsoon losses almost US$4bn in June
The amount is the largest impact of the month, according to Aon Benfield's Impact Forecasting unit.
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- July 10 2015
Cancer insurance likely to become a key market in India
Currently 75% of cancer patients in the country pay for their own treatment.
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- July 10 2015
Solera invests US$5m to support China’s auto insurance market
Company set to open a Beijing research facility through the Solera Technology Center (STC).
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- July 9 2015
Shares of Korean insurers trading below IPO prices
Lower share prices reflect concerns about negative margins in the life insurance business, according to analysts.
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- July 9 2015
Australia’s health insurer NIB buys World Nomads for US$95m
Acquisition of the country's third-largest travel insurance provider to be funded through surplus capital and debt.
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- July 9 2015
Termination fees set for Aetna-Humana acquisition
Combined firm set to become number two health insurer in the United States.
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- July 8 2015
GC&C appoints Ben Hazelton for senior Risk Engineering role
Hazelton leads the advancement of GC&C’s risk management framework across Asia.
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- July 8 2015
India’s life insurance industry forecast to grow up to 15%
Improved market scenario and government efforts to improve insurance penetration in the country, cited as factors.
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- July 8 2015
Three shortlisted for Bank Rakyat Indonesia’s life stake
BNP Paribas Cardif, FWD Group and Hanwha Life Insurance Co said to be shortlisted.
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- July 8 2015
Insurance CEOs cite tax burden as threat to growth
Findings taken from the 18th Annual Global CEO Survey conducted by PwC.
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- July 7 2015
India to launch database to monitor insurance fraud
24 life insurance companies said to have joined the programme to detect and prevent fraudulent claims.
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- July 7 2015
Australia’s insurance reform plan divides planners
Some consider the reform challenging, others claim a very positive first step to restructuring the life industry.
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- July 7 2015
Philippine life insurance market smallest in Asean 5
Country's insurance market amounts to just US$3.8bn in premium earnings despite having second largest population among the Asean 5.
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- July 7 2015
Thailand to insure train passengers for the first time
Costs related to the scheme will be shouldered by the SRT and not incorporated into train fares.
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- July 6 2015
Hong Kong’s Now Health International acquires Best Doctors Insurance
Acquisition creates one of the largest international private medical insurance (IPMI) providers in the world.
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- July 6 2015
Life premium growth to increase in emerging markets this year
China and central and eastern Europe to see more life premium growth this year, according to Swiss Re report.
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- July 6 2015
Global airline insurance cost likely to fall this year
Competition and better risk management practices, cited as reasons according to AIG's Martin Stevans.
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- July 6 2015
Vietnam’s health insurance penetration reaches 71.4%
Healthcare insurance holders reaches 64.6 million to date, an increase of 2.7 million over the same period last year.
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- July 3 2015
Allianz Life Korea to focus on wealthy seniors
Munich-based global insurer aiming to become the No. 1 global insurer locally.
