Category: News Page 78 / 130
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- May 5 2016
Aviva raises stake in Indian JV to 49%
The British insurer paid US$141m to buy an additional 23% stake in its JV from Dabur Invest Corp.
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- May 5 2016
China warns against unregistered online insurers
CIRC says insurance-style schemes operated by unregistered online firms may lack financial stability.
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- May 5 2016
Japanese insurers’ US M&A spree set to continue
Dealmakers say they expect activity to top more than the US$18 billion they spent in the US last year.
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- May 4 2016
Qianhai urges lower threshold for HK insurers
The Qianhai-Shekou free trade zone has complained that no HK insurers meet regulators' strict requirements.
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- May 4 2016
Search for HK’s new insurance regulator goes global
A head-hunting firm is casting a wide net as it searches for the head of the newly established Insurance Authority.
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- May 4 2016
Peak Re doubles premiums despite challenging market
The Fosun-backed reinsurer saw gross written premium income increased by 102% to US$582.7 million during 2015.
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- May 4 2016
AIG raises US$2.6bn from PICC P&C share sale
AIG has raised about US$2.6 billion since last year as it has divested its stake in the Chinese insurer.
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- May 3 2016
Great Eastern drags down OCBC’s Q1 profit
Losses in the investment portfolio of its insurance arm led to a 14% decline in net profit for the first quarter.
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- May 3 2016
Insurers’ global IT spending to hit US$208bn by 2018
Insurers around the world are spending big in a bid to stay competitive in a growing digital market.
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- May 3 2016
Allianz hit by Indonesia’s troubled life market
Huge challenges in the country's life market have taken a toll on the German insurer's gross premium income.
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- April 29 2016
Willis strengthens HK team with Deutsche hire
Vincent Lien has joined as managing director of Willis Capital Markets & Advisory in Hong Kong.
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- April 29 2016
Zurich to take over Malaysia’s MAA Takaful
The deal proposed in November 2015 has won regulatory approval from the country’s central bank.
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- April 29 2016
Everest Bank, MetLife Nepal ink bancassurance deal
The deal represents a rare bancassurance tie-up in one of the poorest countries in Asia.
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- April 29 2016
Japan Post Insurance looks to stocks, risk assets
Negative interest rates on Japanese government bonds have led to a quest for higher returns.
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- April 28 2016
Ping An expected to join US$3bn ING Life Korea bid
Korea’s fifth-largest insurance firm is expected to fetch more than US$3bn in a highly contested bidding process.
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- April 28 2016
SEG aims for third spot in Thai market
Southeast Insurance and Financial Group is aiming to become one of the country's top three players.
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- April 28 2016
Vietnam plagued with malware
The country continues to be targeted by hackers linked to the political dispute over the South China Sea.
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- April 27 2016
Samsung Life signs infrastructure co-investment deal
The Samsung group aims to invest US$500 million over five years into loans originated globally by Natixis.
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- April 27 2016
Japan quakes unlikely to affect non-life sector
Prudent underwriting and effective reinsurance will protect the industry's financial position, says Fitch.
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- April 27 2016
Edelweiss Tokio Life names new chief actuary
Subhrajit Mukhopadhyay will be responsible for all actuarial processes and controls in India.
