Category: News Page 84 / 130
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- March 16 2016
Anbang leads US$13bn group bidding for Starwood Hotels
The Chinese insurer continues overseas buying spree, but Starwood says it is committed to deal with Marriott.
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- March 16 2016
Cathay Life to raise overseas investments this year
Amid a persistent low-yield environment, the Taiwanese insurer continues to search for higher returns abroad.
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- March 15 2016
China majors allocate US$240bn for overseas property deals
The increased allocation comes at a time when a growing number of insurers are expanding overseas.
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- March 15 2016
Myanmar poised to grant licences to European firms
Euro insurers will be allowed into a special economic zone after operating in Myanmar for at least three years.
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- March 15 2016
Prudential, AIA hit by China’s HK sales restriction
China's central bank has tightened restrictions on insurance purchases by mainlanders in Hong Kong.
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- March 15 2016
Taiwan to restrict health insurance for overseas citizens
A proposed amendment seeks to restrict access for Taiwanese who live abroad for more than six months.
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- March 14 2016
Generali to nominate Philippe Donnet as new CEO
Italy country manager Donnet is replacing Mario Greco, who quit to join rival Zurich in January.
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- March 14 2016
Zuellig eyes 49% stake in FPG Insurance Thailand
The company says Thailand offers huge potential because of its comparatively low insurance penetration.
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- March 14 2016
Hiscox selling DirectAsia business in HK
The specialty insurer will focus on its operations in Singapore and Thailand, where it sees greater growth opportunities.
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- March 14 2016
Gen Re exits Hong Kong, Melbourne
The Berkshire subsidiary is also shutting offices in Latvia and the US as part of a global reorganisation.
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- March 11 2016
Asean offers big potential for Vietnamese firms
An official at the country's finance ministry says the Asean Economic Community will provide substantial opportunities.
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- March 11 2016
Aviva Asia posts double-digit new business growth for 2015
The positive full-year earnings were a result of strong performances in Singapore and China.
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- March 11 2016
Singapore urges life insurers to improve services
The Monetary Authority of Singapore wants to see service standards that meet consumer expectations.
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- March 11 2016
Thailand considers making crop insurance mandatory
The government wants to protect the country's farmers from the impact of natural disasters.
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- March 10 2016
CNA Hardy sets up underwriting division on Lloyd’s China
The company will be focusing on property treaty, construction, marine, casualty and on developing new lines of business.
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- March 10 2016
Japanese life firms binge on foreign securities
The long-term foreign securities purchased by life insurers were their biggest monthly purchase since April 2008.
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- March 10 2016
Foreign competition to shake up Korea’s reinsurance market
Korean Re's dominance is expected to be tested this year with the entry of several foreign reinsurance companies.
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- March 10 2016
Nippon Life launches new product despite negative rates
The Japanese insurer said it will launch its new longevity insurance product in April.
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- March 9 2016
Marsh names former AIG exec John Doyle as president
Doyle will oversee Marsh’s global brokerage businesses and join its executive committee, effective April 15.
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- March 9 2016
Chinese firms aggressively pursuing M&A deals in Korea
Players in the Korean market face worsening profits, which is creating buying opportunities for mainland firms.
