Category: News Page 15 / 130
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- January 9 2018
Ping An value hits US$101bn in 2017
The stock of Ping An Insurance Group Co continues to soar, despite the lack of hype that insurers have as compared with tech companies.
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- January 9 2018
Singapore Life to buy Zurich Life Singapore portfolio
All policies are expected to be completely transferred during the first half of the year.
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- January 9 2018
ACR appoints new Malaysia CEO
Asia Capital Re has appointed Hue Yann Wei as chief executive of its Malaysia subsidiary.
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- January 9 2018
Edelweiss wins India non-life licence
The group is set to become the country's 33rd non-life company after Irdai approval secured.
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- January 8 2018
XL Catlin hires QBE exec to cover Asia projects
Todd Wilhelm will head up energy, property and construction for Asia Pacific.
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- January 8 2018
Indian insurers launch financial services blockchain
It is hoped the project will rein in costs for companies running medical tests and evaluations.
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- January 5 2018
India’s cyber insurance demand up 50%
Companies have started to take action over the effects of cyber attacks and data breaches.
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- January 5 2018
Sompo Holdings to buy Lexon units
The deal to acquire the second-biggest surety insurer in the US is estimated at up to US$266m.
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- January 5 2018
Zurich buys HK telematics startup Bright Box
The company provides smartphone-based cloud technology that links drivers, vehicles and automakers.
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- January 5 2018
Allianz plans to double Asian investment
The company's property unit aims to double its investments in Asia over the next three years.
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- January 4 2018
Global insurance M&A hits US$49 billion in 2017
The deal volume was on a par with the figure from 2016, despite one of the worst loss years on record.
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- January 4 2018
IAG cuts catastrophe reinsurance cover
Under the new programme, its gross main cover for the first catastrophe event would drop by A$970m.
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- January 4 2018
Korea doubles number of insurance patents
The increase is credited in part to the implementation of IFRS17, which has helped to drive innovation.
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- January 4 2018
Amazon to invest in Indian insurance startup
Mumbai-based online insurance startup Acko is in talks to secure funding from the global e-commerce player.
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- January 3 2018
Aegon to sell part of life reinsurance unit to Scor
The deal is part of its strategic goal of reducing the amount of capital allocated to run-off businesses.
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- January 3 2018
Life premiums in China to climb 15%
Increasing household income and growing awareness of risk management are driving interest in coverage.
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- January 3 2018
Positive outlook for Vietnam in 2018
The sector is expected to grow 22% this year, according to the Insurance Supervisory Authority.
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- January 3 2018
Assets held by Korean insurers top W1,000tn
The total is broken down into W782.1tn in assets controlled by life insurers and over W252tn by non-life firms.
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- December 22 2017
Three insurers in bidding to buy India’s Star Health
ICICI Lombard, HDFC Ergo and Bajaj Allianz have joined the race to buy India's biggest standalone health insurer.
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- December 22 2017
AIMA, IAMAC sign insurance collaboration agreement
Among the areas being looked at for collaboration are educational programmes and joint events.
