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- August 4 2015
Peak Re appoints head of Europe
The Hong Kong-based reinsurer will also open a Zurich office as it continues its expansion outside Asia.
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- August 4 2015
Hong Kong’s insurance gap forecast to balloon by 2020
The gap will be among the highest in Asia within five years, up to as much as US$763 billion, say AIA and Citi.
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- August 4 2015
Singapore to implement compulsory insurance scheme
Starting November 1, all citizens and permanent residents will be covered under the national lifelong insurance scheme.
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- August 4 2015
HSBC targets Asia growth by expanding insurance business
The bank has reiterated its strategy of expanding its Asian insurance business and boosting its Pearl River delta presence.
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- August 3 2015
Majority of Taiwanese adults favour raising health insurance fees
Survey shows over 50% of Taiwanese in favour of paying more for their health insurance.
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- August 3 2015
Japan insurers seek 19% hike in earthquake premiums
The new increase could take effect by January 2017 but will be introduced in phases.
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- August 3 2015
Lloyd’s seeks license to operate in Malaysia
World's specialist insurance market said to be applying for an onshore reinsurance license to operate in Malaysia.
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- August 3 2015
Less than 20% of large firms globally have cyber insurance
Cyber market however, forecast to hit US$10bn by 2020 as more companies look to transfer cyber risks to insurance providers.
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- July 31 2015
Mitsui Sumitomo buys stake in Sri Lanka’s Ceylinko
Japanese insurer purchases minority stake in one of Sri Lanka's oldest and largest business conglomerates.
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- July 31 2015
Taiwan issues OIU licenses to 14 insurance firms
Licenses are part of Taiwan's efforts to be seen as an asset management hub in the Asia-Pacific region.
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- July 31 2015
Prudential buys into Vietnam government bond
The British life insurer buys nearly half the Vnd7 trillion bonds on offer in the government's debut 20-year issuance.
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- July 31 2015
Generali appoints head of Asia property underwriting
Joe Venetico will develop and implement underwriting strategies in the new global corporate and commercial division.
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- July 30 2015
Dai-ichi Life expands in Vietnam
A new general office in Ho Chi Minh City brings the Japanese insurer's Vietnamese presence to 142 sales and general agency offices.
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- July 30 2015
Zurich confirms interest in RSA Insurance
Swiss insurer evaluating a potential offer but stresses no assurances that any offer will be made.
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- July 30 2015
Alibaba Health and CPIC Allianz team up
The two firms have signed an agreement that could set a new model for online health insurance services in China.
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- July 30 2015
Towers Watson opens employee benefits agency in Japan
The move is part of a company-wide initiative to provide integrated global benefit solutions for clients around the world.
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- July 29 2015
China Minsheng to buy Sirius for US$2.2bn
Acquisition of Sirius seen to give support to CMI's efforts to expand in the Bermuda reinsurance sector.
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- July 29 2015
Zurich adds to global corporate team in Asia
Kevin Leong joins from Allianz to help build Zurich's global corporate footprint in the region.
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- July 29 2015
China urges insurers to go digital
Insurance regulator CIRC has issued guidelines to encourage insurers to use the internet to reach more clients.
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- July 29 2015
QBE Insurance names new ANZ head
Tim Plant succeeds Colin Fagen, who has been promoted as new group chief strategy officer.
