Category: News Page 114 / 130
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- August 3 2015
Less than 20% of large firms globally have cyber insurance
Cyber market however, forecast to hit US$10bn by 2020 as more companies look to transfer cyber risks to insurance providers.
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- July 31 2015
Mitsui Sumitomo buys stake in Sri Lanka’s Ceylinko
Japanese insurer purchases minority stake in one of Sri Lanka's oldest and largest business conglomerates.
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- July 31 2015
Taiwan issues OIU licenses to 14 insurance firms
Licenses are part of Taiwan's efforts to be seen as an asset management hub in the Asia-Pacific region.
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- July 31 2015
Prudential buys into Vietnam government bond
The British life insurer buys nearly half the Vnd7 trillion bonds on offer in the government's debut 20-year issuance.
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- July 31 2015
Generali appoints head of Asia property underwriting
Joe Venetico will develop and implement underwriting strategies in the new global corporate and commercial division.
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- July 30 2015
Dai-ichi Life expands in Vietnam
A new general office in Ho Chi Minh City brings the Japanese insurer's Vietnamese presence to 142 sales and general agency offices.
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- July 30 2015
Zurich confirms interest in RSA Insurance
Swiss insurer evaluating a potential offer but stresses no assurances that any offer will be made.
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- July 30 2015
Alibaba Health and CPIC Allianz team up
The two firms have signed an agreement that could set a new model for online health insurance services in China.
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- July 30 2015
Towers Watson opens employee benefits agency in Japan
The move is part of a company-wide initiative to provide integrated global benefit solutions for clients around the world.
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- July 29 2015
Zurich adds to global corporate team in Asia
Kevin Leong joins from Allianz to help build Zurich's global corporate footprint in the region.
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- July 29 2015
China urges insurers to go digital
Insurance regulator CIRC has issued guidelines to encourage insurers to use the internet to reach more clients.
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- July 29 2015
QBE Insurance names new ANZ head
Tim Plant succeeds Colin Fagen, who has been promoted as new group chief strategy officer.
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- July 28 2015
China approves Anbang’s Vivat acquisition
The Chinese insurer will inject US$1.48 billion into Dutch state-owned Vivat as part of the deal.
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- July 28 2015
Young NZ adults embracing health insurance
Low-cost health insurance products encourages more New Zealanders aged 25-35 to take out health insurance policies.
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- July 28 2015
Indonesia relaxes insurers’ bond-buying rules
An initiative by the Indonesian Financial Services Authority is designed to help stimulate the local markets.
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- July 28 2015
Lloyd’s forms consortium to expand in Asia
Consortium to cover commercial light and moderate industrial property risks in the region.
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- July 27 2015
Aon hires China CEO from Swiss Re
The appointment of Qin Lu from Swiss Re will help to align Aon’s retail and reinsurance businesses in China.
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- July 27 2015
Singapore proposes rules for public selling of insurance
Proposed guidelines to minimise risks to consumers from aggressive public marketing tactics.
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- July 27 2015
Cyber insurance now a priority for Australian firms
Country's digital networks are experiencing an increase in cyber-attacks, according to the Australian Cyber Security Center.
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- July 27 2015
Japan’s Meiji Yasuda acquires StanCorp for US$5bn
Japanese insurer agrees to acquire all outstanding shares for US$115 per share in cash.
