Category: News Page 96 / 130
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- December 8 2015
Zurich looking outside for next CEO
The company's board wants to bring in an outsider after Martin Senn's resignation last week.
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- December 8 2015
Fubon gets green light to buy stake in Hyundai Life
Korea's Financial Services Commission has approved the purchase of a 48% stake.
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- December 7 2015
China eases rules on insurers’ overseas offices
CIRC scraps requirement for Chinese insurers to get pre-approval to open offices abroad.
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- December 7 2015
Korea’s online car insurance competition heats up
A new online insurance supermarket is creating fierce competition among car insurers.
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- December 7 2015
Global cyber insurance up in Q3
Cyber became the only insurance line that saw consistent rate increases during Q3.
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- December 7 2015
Moody’s upgrades Taiwan’s Cathay Life
Structural improvement in its profitability prompts upgrade to insurance financial strength rating.
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- December 4 2015
Fitch says Malaysia’s insurance sector to remain stable
Malaysia's insurance and takaful sector remain strongly capitalised, supporting premium growth.
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- December 4 2015
Taiwanese insurers cleared to buy 100% of Vietnamese banks
Taiwan's FSC Chairman Tseng Ming-chung announced the development after a trip to Vietnam.
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- December 4 2015
Sun Life plans to raise stake in Indian JV
The Canadian insurer is the latest foreign player to raise its stake in an Indian life insurance JV.
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- December 4 2015
Zurich to exit general insurance in Middle East
The embattled insurer is expected to exit the region by the end of 2016 as part of a global restructuring.
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- December 3 2015
Sun Life of Canada to invest in Philippine power industry
The investment will feature a 12-year loan agreement between the Canadian insurer and private partners.
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- December 3 2015
Zurich CEO Martin Senn quits
Resignation follows losses in the general insurance business and a failed takeover bid for RSA Insurance.
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- December 3 2015
Axis Capital to join Lloyd’s China platform
Subsidiary Axis Syndicate 1686 will focus on treaty reinsurance business beginning January 1, 2016.
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- December 3 2015
SAIB becomes first Chinese Lloyd’s broker
Shanghai Asian Insurance Brokers plans to develop reinsurance brokerage and internationalise.
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- December 2 2015
ACE Life seeks up to 30% premium growth in Indonesia
The insurer has said that it will add more agents and partner with more banks next year.
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- December 2 2015
Hong Kong’s gross insurance premiums up 10.5%
Premiums in the city soared during the first three quarters of this year, says industry regulator.
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- December 2 2015
Zurich withdraws Singapore life insurance business
The Swiss insurer stopped writing new business in Singapore on Tuesday to streamline its business.
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- December 2 2015
AXA ups it stake in Indian joint ventures
The French insurer has raised its stake to 49% in both its life and general insurance JVs with Bharti.
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- December 1 2015
China Life completes London property acquisition
The Chinese insurer has acquired a 40% interest in 99 Bishopsgate, a premium office building.
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- December 1 2015
Global insurance rates drop in third quarter, says Marsh
Property insurance posted the biggest decline, with the biggest drops seen in the Asia-Pacific region.
