Category: News Page 89 / 130
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- February 4 2016
China’s iKang acquires 45% stake in NCI Health
Under the deal, NCI and iKang will serve customers across 100 medical centres in China.
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- February 3 2016
China sets new capital requirements for firms
C-ROSS has now been officially implemented to ensure rational growth of the country's insurance industry.
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- February 3 2016
China’s ZhongAn launches cloud insurance with Aliyun
China's first online insurance company has partnered with Alibaba's cloud computing service provider.
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- February 3 2016
Aon forms insurance broking JV in India
The partnership with Indian technology firm Catamaran provide risk management and insurance broking.
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- February 3 2016
Japanese majors complete London acquisitions
Mitsui Sumitomo and Sompo Japan have formally closed deals to acquire Amlin and Canopius.
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- February 2 2016
New players to boost Philippine sales to US$6.3bn in 2016
The Insurance Commission is forecasting ambitious premium income growth of 28% this year.
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- February 2 2016
GIC Re to open China branch
The office will open within the next two to three months, according to chief managing director Alice Vaidyan.
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- February 2 2016
Indonesian firms target country’s 88 million internet users
With just 2.5% insurance penetration, more companies are going online to win customers and boost premiums.
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- February 2 2016
Ping An issues China’s first overseas senior bonds
The US$1.2 billion issuance marks the first senior bond offering from an onshore mainland entity.
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- February 1 2016
Samsung Life buys US$1.27bn Samsung Card stake
The acquisition raises its stake in the credit card business to 71.8%, the two companies said in a disclosure.
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- February 1 2016
Andrew Barrowman joins JLT as Hong Kong head
He moves to the role from JLT Australia, where he was head of specialty, servicing clients across multiple lines.
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- February 1 2016
Malaysia forecast to spend US$20bn on healthcare by 2020
The expected rise is due to chronic diseases, healthcare costs and the declining value of the the ringgit.
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- February 1 2016
Indonesia to limit foreign ownership to 30%
The country's insurance regulator announced its latest protectionist measure to reporters on Friday.
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- January 29 2016
Thailand’s life industry to grow at least 10% this year
A government stimulus packages launched during the fourth quarter of last year will provide a boost.
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- January 29 2016
Malaysia’s first takaful firm posts double-digit profit rise
The growth was attributed to higher sales from both family and general takaful businesses.
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- January 29 2016
JLT launches first renewable energy cover in the Philippines
Policy offers security to small and mid-sized renewable energy developers against project risks.
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- January 29 2016
More big M&A deals expected from China and Japan in 2016
Insurers are planning more deals this year on the back of low interest rates and cheap capital.
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- January 28 2016
Philippines posts record premium growth in 2015
Premium income grew by 18.5%, amounting to US$4.85 billion, the Insurance Commission said.
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- January 28 2016
Chaoyang Life placed under receivership in Taiwan
The life insurer has consistently failed to meet the required capital adequacy ratio of 200%.
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- January 28 2016
Mario Greco confirms he is quitting Generali for Zurich
Generali's chief executive is quitting the Italian insurer when his term expires in April to join the Swiss rival.
