Country: Asia Pacific Page 380 / 490
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- April 27 2018
Taikang invests in Chinese biologics startup
The Chinese insurer has taken part in a US$150 million funding round for Innovent Biologics.
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- April 26 2018
India starts merger process of three state insurers
The proposed merger has been set in motion, though the government has yet to lay out a roadmap.
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- April 26 2018
Majority of Japanese health insurance societies loss-making
Of the 1,389 health insurance societies, more than 60% are expected to end the fiscal year in the red.
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- April 25 2018
China’s business insurance to boost sharing economy
More than 80% of consumers would be more comfortable using sharing-economy services if insurance were offered.
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- April 25 2018
Ex-AIA exec joins HSBC Insurance
Alistair Chamberlain, former chief financial officer of AIA, has joined as global head of product and actuarial.
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- April 24 2018
Chinese regulator steps up fight against financial risk
All potential violations are being aggressively targeted, according to the new banking and insurance regulator.
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- April 24 2018
Malaysia’s KWAP set to close insurance acquisition
The retirement fund's chief executive said the fund is currently talking with two foreign insurers.
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- April 23 2018
Talanx to up stake in PetroVietnam Insurance
A unit of the German company plans to raise its ownership in the state-owned insurer to at least 49%.
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- April 23 2018
Korean insurers face weakening financial health
A rise in interest rates and dividend payouts took its toll on available capital in the fourth quarter of last year.
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- April 20 2018
Malaysia first
Foreign insurers have until the end of June to cut their ownership to 70%, but local buyers are scarce.
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- April 20 2018
Fosun and Gonbao reopen bids for Greece’s national insurer
The deal to buy a major stake in Ethniki Hellenic General Insurance is reportedly valued at US$900m.
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- April 20 2018
Maybank eyes listing of its insurance arm Etiqa
The rumoured sale is estimated by some analysts to be worth at least US$1 billion but remains unconfirmed.
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- April 19 2018
APAC bancassurers tap blockchain to improve offerings
Banks in the region continue to leverage the technology to improve and expand their insurance offerings.
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- April 19 2018
Korean auto insurance slowed in 2017
The latest statistics suggest that stiff competition and lower premiums have affected profitability.
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- April 19 2018
India’s insurance regulator may have new chief in May
Life Insurance Corporation's VK Sharma and New India Assurance's G Srinivasan seen as top contenders.
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- April 18 2018
JD.com to buy one-third of Allianz China General Insurance
The Chinese e-commerce company will become the second-biggest shareholder in the Allianz unit for US$85m.
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- April 18 2018
Indian consortium to develop data-sharing blockchain
The consortium of life insurance companies has partnered with IT services firm Cognizant Technology Solutions.
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- April 18 2018
HWI taps Jeremy Austen to launch Hong Kong unit
The industry veteran will help establish a new managing general agent in the city, NuVu Underwriting.
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- April 17 2018
Nippon Life commits US$94m to fintech investment
Japan’s biggest private insurer has said that it will invest in fintech and so-called “insurance+α” areas.
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- April 17 2018
Maybank bullish on Etiqa’s future
The insurance and takaful arm of Maybank is expected to see a boost as a result of increasing interest rates.
