Category: News Page 50 / 130
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- January 27 2017
Consortium to explore use of blockchain in insurance
The Blockchain Insurance Initiative is planning to announce several new members in the next weeks.
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- January 27 2017
Samsung Life’s 2016 net profits hit US$1.83bn
However, excluding a one-time profit, actual net profits slightly declined from a year earlier.
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- January 27 2017
China introduces new agri insurance subsidies
The new measures will better evaluate performance the subsidies, the Ministry of Finance said.
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- January 26 2017
Intesa SanPaolo in tie up opportunities with Generali
A tie-up between the two companies would create Italy's largest financial conglomerate.
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- January 26 2017
China limits insurers’ stock investments to 20%
Chinese insurers will be restricted from buying listed firms or partnering with non-insurance parties.
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- January 26 2017
Nippon Life to venture into project finance
With some Japanese government bonds paying negative yields, insurers are exploring new ideas.
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- January 25 2017
New ILO rules make seafarers’ insurance mandatory
Ship owners are now required to have insurance to cover claims for death or long-term disability.
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- January 25 2017
Thailand’s SCB Life up for sale
The process to sell a 49% stake stalled last year after changes in foreign shareholder rules.
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- January 25 2017
Swiss Re to open Mumbai branch on February 1
India's regulator has approved the Swiss reinsurer’s application for a composite branch licence.
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- January 24 2017
Generali appoints Asia head
Roberto Leonardi will be responsible for managing the P&C and life insurance businesses in Asia.
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- January 24 2017
Slump in China’s life premiums expected this year
The regulator's crackdown and a decline in insurers' investment returns could cause a fall.
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- January 24 2017
Korea mulls revision of health insurance programme
The country's Ministry of Health and Welfare is proposing to reduce fees by as much as half.
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- January 23 2017
Japan to cut auto insurance premiums
Compulsory liability premiums will go down by an average 6.9%, the first fall in nine years.
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- January 23 2017
Hanwha Life opens local HQ in Jiangsu province
The Korean company entered China in 2012, in partnership with Zhejiang International Trade Group.
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- January 23 2017
Aviva to merge units and focus on online selling
The UK company's life and general insurance businesses will combine as part of a shift to digital sales.
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- January 23 2017
Lloyd’s gets final approval on India branch
Chairman John Nelson says it will develop the branch as an international centre for insurance and reinsurance.
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- January 20 2017
Allianz and StanChart sign 15-year bancassurance deal
The agreement gives access to the bank's retail clients in Hong Kong, Singapore, Malaysia, Indonesia and China.
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- January 20 2017
Japanese insurers join rush to enter Iran
More than 140 foreign insurance and reinsurance companies are in talks with the Iranian regulator.
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- January 20 2017
Positive outlook for Malaysia’s Islamic insurance sector
In the first quarter of 2016, family takaful grew by 9.8% while general takaful grew by 5.8%.
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- January 20 2017
India approves listing of five state-owned insurers
The cabinet committee of economic affairs has confirmed the plan announced last year.
