Country: Asia Pacific Page 336 / 490
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- August 7 2019
PBOC shows regulatory teeth to non-financial firms
A holding company license rule from the People’s Bank of China could help prevent contagion risk.
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- August 7 2019
SBI Life and Indian Bank sign distribution pact
The life major will benefit from the scale of over 2,800 branches.
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- August 7 2019
New South Wales flood study could reduce premiums: ICA
The Insurance Council of Australia sees value in a detailed study of over 21,000 land parcels.
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- August 7 2019
Japan’s majors to raise motor rates
The 3% rise will come as claims inflation is set to rise in the country.
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- August 6 2019
David Lim leaves Brit for Ed in Singapore
He will lead Ed's retail division in Singapore and its Asia-Pacific marine division.
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- August 6 2019
Australian broker Coverforce goes to court over bid
Management, which owns 51%, upset after rival broker AUB announces US$100m plus acquisition.
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- August 6 2019
No-deal Brexit could benefit Hong Kong and Singapore
The scenario could see insurers and reinsurers relocate business to Asia, according to an EY survey.
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- August 5 2019
Will storm pilot help Macau’s SMEs?
The Monetary Authority of Macau has teamed up with five insurers and a reinsurer to help protect SMEs from powerful typhoons and storm surges.
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- August 5 2019
Munich Re’s Steven Chang becomes Greater China CEO
The senior exec helped establish the reinsurer's China operations in 2007.
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- August 5 2019
60% of Townsville flooding claims closed: ICA
The Insurance Council of Australia hails market progress since the unprecedented flooding disaster.
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- August 5 2019
New Zealand’s regulatory chief warns market
The head of New Zealand's Financial Market Authority expected more urgency to change cultures.
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- August 5 2019
India incentivises reinsurers to set-up at finance hub
The Gandhinagar International Financial Services Centre is a key part of India's strategy to expand globally.
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- August 2 2019
Re-booting Malaysian M&A
Tokio Marine’s planned acquisition of RHB Bank’s insurance unit could mark the end of the divestment scare.
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- August 2 2019
Insurers criticised over Laos dam claims
One year after the collapse of a hydropower dam in Laos, critics are calling on the project’s insurers to pay out.
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- August 2 2019
Aviva examining sale of Asian operations: report
The UK firm has a portfolio across six Asian countries which could be worth as much as US$2bn.
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- August 2 2019
MSIG secures stake in Myanmar’s IKBZ
Japanese giant secures 10% of Myanmar's largest P&C player; five other foreign players also granted JV status.
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- August 2 2019
Willis Towers Watson snaps up Australian M&A broker
The global broker has bought Risk Capital Advisors which has offices in Australia, South Africa, the UK and Hong Kong.
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- August 2 2019
Eric Kwan joins Chubb in Singapore
Kwan will join the global giant to lead the P&C division on August 5.
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- August 1 2019
Hong Kong regulator releases broker education criteria
Minimum requirements have been stepped up while CPD hours will increase from from August 2021.
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- August 1 2019
Japan Post’s scandal escalates as president apologises
Masatsugu Nagato, president of Japan Post Holdings, said the firm had betrayed its customers.