Category: News Page 56 / 130
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- November 23 2016
AIG loses on Fuji Life, gains on Seoul finance centre
The expected US$30m loss on the Fuji sale will be cushioned by a deal to sell the Seoul IFC.
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- November 22 2016
UK government urged to prioritise China, India links
The Association of British Insurers wants Westminster to help crack foreign markets after the Brexit referendum.
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- November 22 2016
Prudential partners with Citic to open new China branch
The new branch in Hefei adds to Citic-Pru Life's domestic network, spanning 66 cities across 16 provinces.
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- November 21 2016
Taiwan insurers urged to buy long-term debt
The regulator's call comes at a time when the government's bond sales are struggling.
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- November 21 2016
Zurich axes spending to boost profits
Savings of US$1.5b expected as the group embarks on a cost-cutting initiative under new CEO.
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- November 21 2016
HNA quits Taiwan venture to launch own unit
The Chinese conglomerate is dropping its money-losing venture with Shin Kong Life.
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- November 21 2016
Hanwha’s Vietnam strategy finally pays off
For the first time since launching in the country, the Korean insurer has posted a profit.
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- November 18 2016
Korean authorities brace for new accounting rule
The International Accounting Standards Board is setting a schedule for the introduction of IFRS 4 Phase II.
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- November 18 2016
Future disasters to cost Vietnam $6.7b
About 60% of the country's land and 71% of its population are at risk of typhoons, tornadoes and floods.
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- November 18 2016
Peak Re appoints head of life and health
Christopher Lee will oversee the company’s life and health reinsurance business, including medical.
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- November 18 2016
AIA eyes infrastructure investments in Indonesia
The country needs US$400b to fund projects until 2020, most of which will come from private investors.
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- November 17 2016
Taikang Life to buy NorthStar senior care assets
China's fifth-largest insurer by sales has agreed to pay US$1b for the more than 460 healthcare properties.
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- November 17 2016
AXA to strengthen general insurance presence in Korea
The French group says that it plans to pour in W25b (US$21.4m) into its Seoul-based subsidiary.
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- November 17 2016
Thailand drafting second phase of RBC framework
Changes lie ahead as the country's regulator prepares for a new risk-based capital framework.
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- November 16 2016
Allied World strengthens Asia casualty team
Two executives join from AIG, including Daphne Boon who comes on as head of general casualty for Asia.
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- November 16 2016
IHH Healthcare sells PCH stake to Chinese insurers
TK Healthcare Investment will buy a 29.9% stake in IHH's Chinese hospital and clinic operator.
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- November 16 2016
More cover needed to offset extreme weather losses
Massive global losses from extreme weather highlight the need to expand protection, says World Bank study.
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- November 15 2016
FWD to buy AIG’s Japan life business
The Hong Kong-based insurer has taken another step towards its goal of becoming a pan-Asian insurer.
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- November 15 2016
Innovation to help Philippine market growth
In a fast-changing and competitive market, the key for local insurers to thrive is innovation.
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- November 15 2016
Max India-HDFC Life merger questioned
India’s insurance regulator has asked what the proposed merger is intended to achieve.
