Country: Asia Pacific Page 358 / 490
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- January 7 2019
Competition leads to record expenses for Korea’s P&C insurers
Marketing budgets and commissions are on the rise amid intense competition.
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- January 4 2019
Myanmar opens for business
Officials said on Wednesday that they are finally ready to award licences to foreign insurers.
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- January 4 2019
Hong Kong brokers make 10.5% profit margin
Hong Kong's top 20 brokers are dominating the market according to a comprehensive survey.
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- January 4 2019
Extreme hailstorm hits Suncorp for A$250m
The Brisbane-headquartered insurer was hit by Australia's extreme weather in the second half of 2018.
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- January 4 2019
IAG increases annual catastrophe reinsurance by A$1bn
The Australian insurer has described its renewal terms as "relatively flat".
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- January 3 2019
Philip Kent to replace Reid as CEO at MSIG Hong Kong
Experienced MSIG executive has moved to Hong Kong from Singapore as Ken Reid retires.
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- January 3 2019
Former Manulife CEO takes helm at Life Insurance Association of Malaysia
Mark O'Dell tasked with helping take the market to the next level.
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- January 2 2019
China Re hails global footprint as Chaucer deal completes
Reinsurer's acquisition will provide global reach to accelerate growth.
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- January 2 2019
US insurer takes stake in Singapore Life
Aflac's investment will allow the Lion City disruptor to grow its product range.
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- January 2 2019
Generali increases JV investment in “high potential” India
The Italian insurer sees stake increase in its Indian joint venture as an important expansion step.
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- December 31 2018
Fubon Life buys Frankfurt’s Eurotower for US$658m
Taiwanese insurer has diversified its investment portfolio into Germany's property market.
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- December 31 2018
South Korea bank strikes deal with Vietnamese insurer
Petrolimex Insurance Corporation and Woori Bank have signed a bancassurance agreement.
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- December 31 2018
Vietnam’s premiums surged in 2018
Rising living standards makes the country one of the fastest growing markets in Asia.
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- December 28 2018
Carlyle-GIC consortium eyes US$742m stake in SBI Life
India is becoming an increasingly attractive market for foreign investors.
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- December 28 2018
Hong Kong conglomerate buys FT Life for US$2.75bn
Chinese private equity firm JD Capital bought the company in 2015 for US$1.4bn.
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- December 28 2018
Indonesia counts cost of deadly volcano and tsunami
Initial reports suggest that insured losses could be more than US$1bn.
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- December 27 2018
Malaysian regulator signs off FWD purchase from HSBC
Life insurer's expansion into its next market in Asia is one step closer.
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- December 27 2018
China Taiping to promote Shanghai as research hub
Insurer signs agreement to promote training and data in the Chinese city.
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- December 21 2018
Sun Life invests in ‘virtual’ Hong Kong startup Bowtie
New insurer has taken advantage of a special licence from the Hong Kong Insurance Authority.
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- December 21 2018
Berkley Insurance Asia recruits Hong Kong head of casualty
The specialist insurer is growing again in the Special Administrative Region.
