Country: Asia Pacific Page 367 / 490
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- September 28 2018
Anbang to sell $200m worth of Japanese assets
The bidders include the previous owners, Blackstone, who sold the portfolio two years ago.
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- September 28 2018
Zurich to acquire Indonesia’s Adira Insurance
The deal means Zurich will become the largest foreign property-casualty insurer in the country.
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- September 27 2018
Over $1bn insured losses from Mangkhut, says AIR
This year's most powerful storm caused major property damage and business interruption in China, Hong Kong and Macau.
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- September 27 2018
Allianz in share-swap deal with Sri Ayudhya
The deal is aimed at creating synergies and enlarging the market share of both insurers.
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- September 27 2018
Singapore partners with four insurers to promote tech
The government has forged the partnerships to fast-track the development of the digital capabilities.
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- September 26 2018
BNP Paribas Cardif likely to cut stake in SBI Life
The sale is intended to comply with India's minimum public shareholding requirement.
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- September 26 2018
Singapore motor insurers post underwriting losses
The losses were incurred as claims increased significantly in the January-June 2018 period.
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- September 26 2018
Japan flood claims hit US$1.5bn
The flooding in July was prompted by extreme levels of rainfall.
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- September 21 2018
China Re’s acquisition of Chaucer is credit positive
Moody's says the deal will complement its existing product offerings and increase its geographic diversification.
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- September 21 2018
Typhoon Mangkhut’s wake-up call
The damage caused in Hong Kong last weekend could cost the insurance industry more than US$1bn.
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- September 20 2018
Marmonier to join Canopius in Singapore
Linus Phoon, chief executive and head of reinsurance Asia at Canopius, left the company last week.
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- September 20 2018
Korean risk-based capital ratios rise
A modest leap in profits and investment income was among the reasons for the ratio’s improvement.
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- September 18 2018
Lei Yu appointed North Asia CEO for QBE
Lei Yu to move from US broking powerhouse to Australian insurance giant in Hong Kong.
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- September 18 2018
Hyundai Life changes name to Fubon Hyundai Life
The change comes after Taiwan’s Fubon Life Insurance increased its stake to 62.4%.
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- September 17 2018
Solid results for HK-listed Chinese life and P&C insurers
The good first half performance comes despite the fact that both sectors face various challenges.
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- September 14 2018
China Re buys Chaucer for US$950m
China's largest reinsurance group has bought one of the largest insurers at Lloyd's.
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- September 14 2018
China Re going global
The Chinese state-owned reinsurer is buying Lloyd's speciality insurer Chaucer from Hanover for US$950m.
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- September 14 2018
Digital Hong Kong
Two insurers, Blue and OneDegree, are vying to be known as the city’s first true digital players.
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- September 14 2018
Super Typhoon Mangkhut threatens Philippines and Hong Kong
A powerful storm is set to hit the northern islands of the Philippines and come close to Hong Kong over the weekend.
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- September 14 2018
Indian life firms see big hike in premiums
New business was up by 6%, according to data released by the Insurance Regulatory Development Authority of India.