Country: Asia Pacific Page 372 / 490
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- July 27 2018
Tough times as Qatar Re quits Singapore
The Bermuda-based reinsurer is hurting after nat cat losses, forced reserve increases and a diplomatic spat in the Gulf.
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- July 27 2018
Failing harvest for Indian agri insurers
Another good monsoon year is not helping to demonstrate the value of the country’s crop insurance scheme.
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- July 26 2018
Fosun eyeing purchase of Belgian insurer Ageas
An offer for all or part of Belgian insurer is being proposed by the Guo Guangchang-backed group.
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- July 25 2018
Bao Viet posts highest revenue among Vietnam insurers
After Bao Viet, the market’s other major players include Daiichi, Prudential, Manulife and AIA.
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- July 25 2018
Tata AIA Life CEO takes group distribution role in Hong Kong
Naveen Tahilyani is taking over as CEO, group partnership distribution, at AIA Group in Hong Kong.
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- July 24 2018
Qatar Re closes Singapore branch
The reinsurer has stopped writing new and renewal business in the city, with effect from July 20.
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- July 23 2018
India’s general insurers post 12.2% growth in premiums
Companies continued to enjoy robust growth in collections during the quarter ended June 30.
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- July 23 2018
Samsung Life selling properties to rebalance assets
The move by the country's biggest life insurer comes as it responds to the planned introduction of IFRS 17.
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- July 20 2018
Indian merger in question
The timetable for the landmark merger of three state-owned Indian non-life insurers is in doubt.
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- July 20 2018
Sharing risk
Providing protection within the sharing economy is a thorny puzzle for insurers, but also a great opportunity — particularly in China.
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- July 20 2018
US tariffs could drive up cost of insurance
The US government’s trade war with China and the EU could drive up the cost of auto repairs.
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- July 19 2018
Vouch Insurtech and six Thai insurers launch digital platform
The platform is called www.fairdee.co.th and seeks to support safer driving and diminish fraudulent claims
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- July 18 2018
Anbang eyes sale of health insurance unit
Hexie Health Insurance could be the troubled company's next asset up for sale.
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- July 18 2018
Thailand’s general insurance premiums climb 4.1%
The growth was partly attributed to government policy encouraging investment and launching infrastructure projects.
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- July 18 2018
King Wai launches in Thailand following purchase from QBE
A rebrand of the general insurer follows its purchase from the Aussie insurance company earlier in the year.
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- July 18 2018
Chinese insurers covered US$467tr in Jan-May period
However, CBIRC data showed that the sector's premium income fell 5.86% year on year.
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- July 17 2018
Vietnam’s insurance sector expands 24.4%
Insurers collected Vnd58.6tn (US$2.6bn) in premium, according to the Insurance Supervisory Agency.
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- July 16 2018
Hanwha Vietnam plans to raise capital by US$131m
The capital expansion makes it one of the largest life insurance companies in the country.
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- July 16 2018
China’s Sunshine Insurance joins funding round for Lionbridge
Investment arm Riverhead Capital is funding the leasing services and leasing asset management specialist.
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- July 16 2018
China emerges as leading market for Swiss Re
The country is now among the top four major markets of the Zurich-based company, according to the firm’s CEO.
