Category: News Page 108 / 130
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- September 14 2015
Indonesian insurers warned about economic outlook
Several insurance firms need close scrutiny in the face of the economic slowdown, says financial regulator.
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- September 14 2015
AM Best affirms ratings of two Macau insurers
Macau Insurance and Macau Life Insurance received ratings affirmation from AM Best.
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- September 11 2015
Manulife nears deal for StanChart’s HK pension business
The Canadian insurer is reportedly in the final stages of negotiations for the US$400m deal.
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- September 11 2015
Reinsurance prices likely to drop in 2016, says Moody’s
Rates are forecast to fall by up to 10% in 2016, but the decline will be less than in the past few years.
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- September 11 2015
Generali launches Obi app in Vietnam
Generali has struck a deal to embed its native insurance app in Obi mobile phones in Vietnam.
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- September 11 2015
Samsung Life seeks to enter Philippine insurance market
The Korean insurer is reportedly in talks with PNB, alongside several other foreign life insurers.
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- September 10 2015
CEO resignation will not affect Zurich’s US$12bn bid for RSA
Mike Kerner will step down as CEO at the end of the year for personal reasons, but bid goes ahead.
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- September 10 2015
Philippine insurers favour mandatory earthquake insurance
Insurers have submitted a proposal on compulsory earthquake insurance to the finance secretary.
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- September 10 2015
Malaysia to reach 70% life insurance penetration by 2020
The country's life insurance sector is proving resilient to current economic pressures, says MII.
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- September 10 2015
China firm launches overtime insurance scheme online
People in China who usually have to work overtime may now be able to take a new type of policy.
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- September 9 2015
Mitsui Sumitomo to buy Amlin for US$5.3bn
The Japanese company will pay a 36% premium to shareholders of the Lloyd's of London insurer.
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- September 9 2015
Tianjin’s insurance losses could reach US$3.3bn
The accident is likely to constitute one of the largest insured man-made losses to date in Asia.
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- September 9 2015
QBE hires Martin Allan to head claims for Asia Pacific
The former Singapore country manager for Crawford & Co is tasked with strengthening claims capability.
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- September 9 2015
Richard Collis to run risk consulting and software at Towers Watson
The hire is part of a strategy to grow its insurance advisory, solutions and software business.
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- September 8 2015
Vietnam urges students to sign up for health coverage
The country's social health insurance covers 85% of students and pupils but participation is still low.
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- September 8 2015
Malaysia’s CIMB seeks general insurance distributor
CIMB is looking for insurers to distribute its general insurance products in South-East Asia.
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- September 8 2015
Chinese insurers post record-breaking profit
The recent market turmoil is not reflected in strong first-half results, led by China Taiping.
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- September 8 2015
Generali creates new role for head of Asia M&A, strategy
John Spence will assume responsibility for M&A, strategic alliances and regional initiatives in Asia.
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- September 7 2015
Philippines targets 3% insurance penetration by 2019
However, the rate in the first six months of the year was only 1.84%, far below the 3% target.
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- September 7 2015
MAS fines Mercer for unlicensed life insurance sales
The Singapore regulator has fined Mercer for arranging contracts without appropriate licences.
