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- May 20 2015
High capital requirement awaits regional insurers in India
Draft amendment requires all new entrants to maintain a minimum capital of INR1bn (US$15.7m).
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- May 20 2015
Japan’s Nippon Life to acquire operator of insurance agencies
Acquisition is part of Nippon Life's aim to acquire independent agencies.
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- May 20 2015
Vietnam launches social insurance e-portal
Launch of the e-portal forms part of Vietnam Social Insurance's (VSI) efforts to reform its administrative procedures.
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- May 20 2015
Allianz Global names new Dubai CEO
Willem van Wyk to lead the Dubai office of the specialty insurance services arm.
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- May 19 2015
Asia-Pacific SMEs more vulnerable to natural disasters
SMEs in the APEC region usually have no or limited disaster insurance and limited access to credit.
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- May 19 2015
Insurance industry ready to adopt tougher global rules
Reducing compliance costs and maintaining capital efficiency sought by The Geneva Association.
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- May 19 2015
Accident insurance targets Japan’s aging population
Accident insurance products offered specifically for people aged 65 or over.
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- May 19 2015
South Korea to launch online insurance supermarket
Website will initially focus on car insurance, health cost coverage insurance and savings insurance.
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- May 18 2015
Insurance acquisition will not weaken CTBC Financial’s credit profile
CTBC Financial’s outlook remains stable after announcement to acquire Taiwan life Insurance Co.
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- May 18 2015
India’s nuclear insurance initiative attracts foreign firms
Overseas firms showing interest to being part of the initiative.
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- May 18 2015
Assets of Pakistan’s private-sector life companies up 35.8%
Jubilee Life Insurance also ranked as the top Life Insurer.
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- May 18 2015
ACE Group names medical malpractice manager for Asia
Kamal Hamzah to lead the development and underwriting execution of ACE's medical malpractice business in the region.
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- May 16 2015
Fitch launches Ratings Navigator
Tool provides a visual summary of an insurer's key strengths and weaknesses.
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- May 16 2015
Indonesia launches insurance for small business loans
Move is part of the government's efforts to push the expansion of loans for small and medium businesses.
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- May 16 2015
Takaful Malaysia confirms small exposure in troubled 1MDB
Invested in the troubled state-owned 1Malaysia Development Berhad (1MDB) via an Islamic Bond in 2009.
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- May 16 2015
IATA explores global default insurance scheme
Scheme is designed to indemnify IATA airline members globally.
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- May 14 2015
Economic development and new risks, raise need for protection in SE Asia
Demand for protection expected to rise as more nations sought to protect their assets and wealth.
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- May 14 2015
CTBC Financial acquires Taiwan Life in US$1bn stock swap deal
CTBC Financial to swap 1.44 common shares in exchange for one Taiwan Life common share.
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- May 14 2015
Vietnam’s health insurance buyers drop by 1.2 million in Jan-April
Lack of proper public awareness of new health insurance regulations, cited.
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- May 14 2015
1 in 4 customers in India unlikely to renew with same provider
Up to 60% insurance customers are truly loyal to their insurance providers, according to report.
