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- April 29 2015
Cyber risk a rising concern globally, but not in Asia
Asia ranks just 24th in the Aon Global Risk Management Survey.
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- April 28 2015
Korea’s Hanwha Life seeks to hire 650 more consultants in Indonesia
Additional outlets planned as more Korean Life Insurance Companies look to expand overseas.
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- April 28 2015
Asian insurers moving towards Solvency II standards
Report also states that global insurers are facing increased regulatory requirements.
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- April 28 2015
Nepal earthquake to expose developing nations’ low insurance penetration
Spending on property-casualty coverage less than US$4 per capita annually.
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- April 28 2015
China sets charges for deposit insurance scheme
Scheme unlikely to have a major impact on banks and premiums.
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- April 27 2015
Saudi Arabia’s insurance sector forecast to grow further
The Kingdom also posts the second biggest insurance premiums in the GCC.
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- April 27 2015
Philippine nonlife insurance industry’s net income rises in 2014
A decline in frequency and severity of natural calamities attributed.
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- April 27 2015
Berkshire Hathaway names Australasia insurance head
Chris Colahan joins BHSI from RSA Insurance Group.
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- April 27 2015
India’s largest reinsurer assessing earthquake losses in Nepal
GIC Re sends a team of 10 surveyors to Nepal.
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- April 27 2015
Bank Negara approves Malaysian Re’s general and family retakaful business
Plans to undertake an internal restructuring for its retakaful business.
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- April 27 2015
Japan’s Asahi Mutual Life Insurance to raise foreign bond investment
The Japanese Insurance firm says domestic yields remain too low.
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- April 27 2015
China’s Fosun to invest in more European and US insurance firms
OneBeacon Insurance Group also said to be a target.
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- April 24 2015
Aon: Cyber exposures and solutions in Asia
Risk management and insurance to protect financial statements
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- April 23 2015
Bangladesh to raise foreign stake in life insurance sector to 83%
Government keen to attract more foreign insurance companies to the country.
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- April 23 2015
China’s PSBC’s US$3bn stake sale attracts global investors
Bidders include Singapore's Temasek Holdings and French bank BNP Paribas.
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- April 23 2015
Philippine National Bank seeks US$500m in sale of life insurance stake
Possible investors could come from Japan and Taiwan.
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- April 23 2015
Reinsurance Group of America names India head
Thomas Mathew appointed Managing Director and Chief Executive of RGA India.
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- April 23 2015
Top global insurers plan mortgage loans and PE investments
Asian Insurers also look to invest more in infrastructure debt and US Investment grade corporate debt.
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- April 23 2015
Bank Rakyat Indonesia to sell stake in life insurance arm
The Bank is seeking a partner to develop its life insurance unit BRIngin Life.
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- April 23 2015
Compensation scheme for poor financial advice gets support in Australia
Draft legislation will provide compensation for customers found to be financially damaged by poor advice.
