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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.
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- July 3 2015
China’s CNinsure sells stake to J&R
Manufacturer and supplier of fire protection and safety equipment, expected to hold approximately 5.5% of CNinsure's outstanding shares.
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- July 3 2015
ACE acquisition of Chubb seen as one of the biggest on record
Ace shareholders to own aprroximately 70% of the new company.
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- July 3 2015
Dubai to implement ‘no insurance, no visa’ policy
New regulation aimed at expatriates, to be enforced from 1 August 2015.
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- July 2 2015
China’s Anbang Insurance acquires Belgian bank
Chinese insurer officially acquires Delta Lloyd Bank Belgium, one of the oldest banks in the Country.
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- July 2 2015
State Bank of India to sell stakes in insurance subsidiaries
SBI to sell a 10% and 23% stake in life insurance and general insurance subsidiaries to foreign partners.
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- July 2 2015
KPMG head pushes for PPPs to address huge insurance protection gap
Collaboration with governments can help close the protection gap, says KPMG's Gary Reader.
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- July 2 2015
Malaysia’s Islamic insurance premiums to grow 18.2% annually
Takaful projected to reach a market share of 18% of total insurance premiums by 2019, from 10% in 2013.
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- July 1 2015
China Re set to launch first Chinese earthquake catastrophe bond
Bond is expected to be launched today and will provide cover to debut sponsor China Re on an indemnity basis, according to sources.
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- July 1 2015
Australia’s Suncorp life head quits
Geoff Summerhayes plans to step down this September to pursue other business opportunities.
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- July 1 2015
US regulators okay Fosun’s US$433m insurance acquisition
Chinese conglomerate receives approval from regulators in Michigan and Washington.
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- July 1 2015
Global regulators push back implementation of ICS
Regulators continue to assess feedback before implementing tougher capital rules.
