Category: News Page 62 / 130
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- September 28 2016
Bank of India sells 18% stake in insurance JV
The stake in Star Union Dai-ichi Life Insurance has been bought by its Japanese partner Dai-ichi Life Insurance.
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- September 28 2016
Big growth for Indonesia’s healthcare industry
The sector is expected to grow to more than US$50bn by 2020 as the government upgrades the nation’s healthcare.
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- September 27 2016
India plans public listing of state insurers
New India Assurance and GIC, which together have assets of more than US$20bn, are set to IPO first.
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- September 27 2016
Munich Re scales back HK office, expands in Beijing
The reinsurer also intends to expand its office in Singapore as part of an effort to reorganise its business.
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- September 26 2016
XL Catlin appoints HK insurance head
Jamie Chambers has been appointed as country manager for the firm's Hong Kong insurance business.
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- September 26 2016
Bangkok Life gears up for Cambodia business
The Thai insurer will venture into Cambodia next year to tap strong demand in its South-East Asian neighbour.
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- September 23 2016
Brokers and insurers in HK urged to use fintech
The government of Hong Kong wants the industry to compete better with foreign rivals such as Singapore.
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- September 23 2016
Chinese life firms see dip in solvency ratios
China’s new risk-based capital rules have led to a declining solvency trend, according to Moody’s.
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- September 23 2016
Singapore’s commission-free life policies slow to sell
Sales have been poor since the products were launched in the Lion City in April last year.
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- September 22 2016
India’s BSE to venture into insurance business
Bombay's stock exchange is set to float two insurance-related arms under its fully-owned subsidiary BSE Investments.
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- September 22 2016
James Shea to head Zurich’s new unit
The unit will combine global corporate and commercial businesses as part of a company-wide overhaul.
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- September 22 2016
Captives set to flourish in China
With authorities determined to achieve ambitious insurance growth targets, captives and mutuals are expected to flourish.
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- September 21 2016
JD Group names Lennard Yong Hong Kong CEO
The company plans to build an international financial services conglomerate with Chinese heritage.
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- September 21 2016
Lloyd’s seeks reinsurance licence in Malaysia
Chairman John Nelson is hopeful that Bank Negara Malaysia will approve the application by November.
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- September 21 2016
Global marine insurance premiums down
Global underwriting premiums dropped 10.5% in 2015 to US$29.9 billion, says marine insurance union.
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- September 20 2016
Indian insurer’s ‘foreign’ executive told to step down
Universal Sompo General Insurance has acted to comply with FDI rules calling for local management control.
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- September 20 2016
Chinese online insurance growing rapidly
Total premium income for online insurance reached US$21.37 billion during the first half of 2016.
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- September 19 2016
XL Catlin set to acquire Brooklyn IT
Brooklyn is a market-leading underwriting agency in Australia and a Lloyd's approved coverholder, serving brokers across the country.
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- September 19 2016
Spike in insurance M&A to continue this year and next
Mergers and acquisitions became widespread across the industry in 2015 and the spike will probably continue in 2016-2017.
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- September 16 2016
Super-typhoon Meranti to cause medium-high losses in China
Estimated winds of 180mph has potential to cause great damage says Aon Benfield.
