Category: News Page 4 / 130
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- April 19 2018
APAC bancassurers tap blockchain to improve offerings
Banks in the region continue to leverage the technology to improve and expand their insurance offerings.
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- April 19 2018
Korean auto insurance slowed in 2017
The latest statistics suggest that stiff competition and lower premiums have affected profitability.
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- April 19 2018
India’s insurance regulator may have new chief in May
Life Insurance Corporation's VK Sharma and New India Assurance's G Srinivasan seen as top contenders.
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- April 18 2018
JD.com to buy one-third of Allianz China General Insurance
The Chinese e-commerce company will become the second-biggest shareholder in the Allianz unit for US$85m.
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- April 18 2018
Indian consortium to develop data-sharing blockchain
The consortium of life insurance companies has partnered with IT services firm Cognizant Technology Solutions.
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- April 18 2018
HWI taps Jeremy Austen to launch Hong Kong unit
The industry veteran will help establish a new managing general agent in the city, NuVu Underwriting.
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- April 17 2018
Nippon Life commits US$94m to fintech investment
Japan’s biggest private insurer has said that it will invest in fintech and so-called “insurance+α” areas.
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- April 17 2018
Prudential aims to double earnings in Asia
The British insurer is aiming to boost investment in technology in the region over the next several years.
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- April 17 2018
Maybank bullish on Etiqa’s future
The insurance and takaful arm of Maybank is expected to see a boost as a result of increasing interest rates.
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- April 17 2018
No alternatives, Malaysia tells foreign insurers
They will have to fulfil their commitment to sell 30% of their operations to local shareholders by June 30.
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- April 16 2018
Anbang seeks advice on potential divestments
The group is in the process of interviewing investment banks to help it sell off parts of its portfolio.
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- April 16 2018
Chubb appoints head of bancassurance for Asia Pacific
Jin Lee, the company's current regional deputy general counsel, will oversee the DBS-Chubb partnership.
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- April 16 2018
Good Doctor targets US$1bn Hong Kong IPO
Ping An will spin off China’s largest health care and online medical platform in early May.
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- April 16 2018
AIG appoints chief claims officer
Anthony Vidovich is expected to craft the strategic direction of general insurance claims.
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- April 13 2018
Cathay Life’s move on Bank of Nova Scotia’s Malaysian unit fails
The Taiwanese financial group did not give details on why the deal fell through, but said it wasn't about price.
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- April 13 2018
China to relax foreign ownership in life sector from June
Limits in joint venture life insurance companies will be raised to 51% this year and removed in three years.
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- April 13 2018
India’s general insurers book 17% direct premium growth
Private sector general insurers recorded even stronger growth of 21.6% during the financial year just ended.
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- April 12 2018
Sompo International creates retail platform for global integration
The group envisions bringing all its international businesses outside Japan under the ownership of one unit by 2020.
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- April 12 2018
Losses reach US$144bn from catastrophes in 2017
The figure is the highest recorded in a single year and double the losses of 2016, the second-highest on record.
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- April 12 2018
Prudential to increase investment in China
The company is aiming to boost its product coverage and sales distribution in the country.
