Category: News Page 30 / 130
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- August 15 2017
Philippines tests parametric scheme for disaster-prone provinces
The government has allocated US$20m to a pilot project that will offer quick-disbursing payouts based on a catastrophe model.
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- August 15 2017
Asian insurance sector’s embedded value up 15.3%
China and Hong Kong seen as the main drivers, according to a survey from global consulting firm Milliman.
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- August 15 2017
Reliance General Insurance to sell 10% stake through IPO
The Reliance Capital unit is the fourth general insurer in India to have announced its intention to list.
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- August 14 2017
Premiums of India’s non-life insurers up 9%
The total surged to Rs97.91 billion (US$1.52 billion) in July, according to data from the insurance regulator released recently.
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- August 14 2017
Ping An to invest $1bn in tech R&D
The group will invest more on tech research and development this year, particularly in the field of artificial intelligence.
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- August 14 2017
Samsung Life posts 26% profit growth
The insurer added that its value of new business was W598.3 billion, up 6.5% over the same period.
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- August 11 2017
Japan’s major life groups post weaker revenues
A decline in premium income dragged down revenues of six of the country's seven leading life groups.
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- August 10 2017
Asia suffers US$10bn catastrophe losses in six weeks
The losses were recorded in July alone due to severe flooding, a catastrophe report from Aon says.
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- August 10 2017
Global broking expands 7% in four years
Broking business in China has led the way, with average annual growth of 16.2% between 2012 and 2016.
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- August 9 2017
Irdai cautions startups backed by PE firms
The regulator has warned that private equity firms need to show proof that they will provide long-term support.
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- August 9 2017
Singapore’s life market keeps on growth track
Momentum in the second quarter was supported by a surge in sales of annual-premium products.
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- August 9 2017
Big data to lower premiums in Asia
P&C pricing in the region is predicted to fall as players welcome a wide range of new technologies.
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- August 8 2017
Indian regulator surveys insurers on telematics
Irdai is seeking a better understanding of how product design and pricing should work for mass adoption of telematics.
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- August 8 2017
Asian insurance M&A slumps by 40%
The decline is largely due to more stringent capital controls implemented in China, according to a study by Clyde & Co.
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- August 8 2017
Markel adds political risk underwriter in Singapore
Alex Holcroft joins the political risk and structured trade credit business from Sompo Canopius.
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- August 7 2017
Korean non-life insurers pressure to cut premiums
The big non-life firms raked in higher profits, but this has led to pressure on pricing.
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- August 7 2017
Star Health Insurance plans US$470m stake sale
The Indian insurer has reportedly appointed an investment bank for primary and secondary stake sales.
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- August 7 2017
Aviva, Tencent to launch Hong Kong online insurer
The two companies are seeking regulatory approval to launch the disruptive startup.
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- August 4 2017
New products needed to close protection gap, says MAS
New ideas are required to reduce the financial impact of natural disasters in Asia, says Singapore regulator.
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- August 4 2017
China insurers’ profits up 10% in H1
Industry players raked in Rmb116.1bn during the first six months of the year.
