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- May 25 2015
Asia-Pacific to drive world insurance growth by 2020 – Munich Re
Report states that five of the top 10 primary growth markets will be based in Asia.
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- May 25 2015
South Korea’s Mirae Asset Life eyes US$460m in IPO
Mirae will sell 5.4 million existing shares and issue 40 million new shares for the IPO.
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- May 25 2015
Greenstone targets US$984m in Australia IPO
Australian life Insurance distributor plans a 16 June listing.
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- May 25 2015
Vietnam amends social insurance law following workers’ strike
National Assembly votes to overturn a provision of the social insurance law.
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- May 21 2015
India’s general insurance industry sets US$15bn premium target this year
Increase in third-party motor premiums and fire and property premiums seen as factors.
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- May 21 2015
New insurance law in Vietnam creates confusion
Complex rule has prompted some 1.2 million people to opt out of medical insurance.
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- May 21 2015
Majority of Australians regard insurance purchase as investment
Findings from a survey commissioned by Australian insurer Budget Direct.
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- May 21 2015
Two-year master plan to drive Asean insurance industry’s growth to 7%
Universities also approached to promote the industry as a major profession of choice.
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- May 21 2015
Swiss Re: M&A in insurance: start of a new wave?
Sentiment towards M&A is turning as insurers look for ways to deploy excess capital.
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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.
