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- April 13 2015
Sri Lanka’s insurance board names new director
Asanga joins IBSL having served in the government sector for the last decade.
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- April 13 2015
Thai regulators urged to promote ULIPs
Introduced to the market in 2009, ULIPs are expected to play a vital role despite the challenges.
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- April 13 2015
Malaysia, Saudi Arabia to lead premium growth of global takaful sector
A report by AM Best sees significant opportunities for takaful operators but challenges remain.
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- April 11 2015
Thailand to cut deposit insurance coverage in August
Reduction prompts investors to the bond market.
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- April 11 2015
Experts call for scaled up universal health coverage in Bangladesh
Government contribution to the health sector in Bangladesh said to be only 25%.
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- April 11 2015
Industry leaders to meet in US for Global Insurance Symposium
The second annual conference, to be held on 26 - 29 May in Des Moines, Iowa.
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- April 11 2015
ASEAN integration to benefit industry
Report says insurers able to build a commercial presence and sell products on a more regional basis.
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- April 9 2015
Fubon considering cross-strait cooperation with Ping An
Policyholders would be able to settle a claim at more than 700 China Ping An service counters should they have an accident in China.
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- April 9 2015
OneBeacon Insurance Group considering sale
China's Fosun International Group possible bidder.
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- April 9 2015
Insurers told to innovate to survive in a competitive market
Suggestions include insurers offer clients programmes that are longer than 12 months or develop products that provide an appropriate response to cyber risks.
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- April 9 2015
Manulife inks USD1.2bn Asia distribution deal with DBS Group
Deal also allows DBS’ six million-strong retail, wealth and SME customer base to access the various life and health insurance solutions offered by Manulife.
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- April 9 2015
Bahrain’s largest insurer ups stake in Takaful International
Raises stake to 40.9% making it largest shareholder.
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- April 9 2015
Myanmar sets rules for foreign insurance firms in economic zones
Foreign insurance companies required to pay a license fee to be allowed to operate in the country's special zones.
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- April 9 2015
China Life and Ping An make their first US real estate investment
The project includes a 13-story office building and a 100-unit, nine-story condominium tower.
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- April 9 2015
US eases collateral requirements for Japanese reinsurers
Reinsurers licensed and domiciled in Japan can now operate in the US with reduced levels of collateral.
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- April 8 2015
Bank Rakyat Indonesia to acquire local life insurance company
Bank to allocate approximately USD232 million to fund its planned acquisitions.
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- April 8 2015
Vietnam insurer to sell shares to foreign strategic investors
Company to also open two seats on its managing board for investors.
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- April 8 2015
Islamic insurance leaders to meet in Dubai to discuss challenges
Takaful industry facing a number of challenges as well as increasing appetite for shariah-compliant products.
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- April 7 2015
Taiwanese insurers face higher risks as forex holdings rise
Local insurance firms have minimal margins to absorb unfavorable foreign fluctuations.
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- April 7 2015
Malaysia’s life insurance industry to grow up to 10% in 2015
Government has set a target of at least 75% of insurance coverage for Malaysians by 2020.
