Country: Asia Pacific Page 388 / 490
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- January 26 2018
Indian regulator to issue new broker rules
The Insurance Regulatory and Development Authority of India is expected to issue the new regulations soon.
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- January 25 2018
Malaysia’s Great Eastern Takaful appoints new CEO
Shahrul Azlan Shahriman, former Prudential BSN Takaful head of distribution, took up the job on Monday.
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- January 25 2018
QBE expects to book $1.2bn in losses
Huge wildfires in California, storms in Australia and Hurricane Maria contributed to unprecedented costs.
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- January 25 2018
Vietnamese non-life insurers post 11% increase in revenue
Non-life insurers in the country booked roughly US$1.78bn, according to the latest data from the finance ministry.
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- January 24 2018
Chinese insurers post 29.7% profit growth in 2017
Despite increasingly tough regulation, Chinese insurers continue to deliver double-digit profit growth.
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- January 24 2018
Prudential sells Vietnam consumer finance unit to Shinhan
A subsidiary of the Korean financial group has agreed to pay US$151m for Prudential Vietnam Finance.
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- January 24 2018
MetLife mulls sale of Hong Kong unit
The New York-based insurer is following in the footsteps of global counterparts Axa and MassMutual in exiting the city.
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- January 23 2018
IAG likely to move 141 jobs to the Philippines
The Australian group is reportedly shifting back-office jobs from New Zealand and Australia.
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- January 23 2018
Chinese insurtech market attracting more players
A new generation of disruptors is emerging on the scene to compete in the vibrant and emerging insurance technology landscape.
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- January 23 2018
China urges insurance for belt-and-road initiative
Companies undertaking projects under the initiative are being told to take advantage of insurance to minimise risks.
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- January 23 2018
Chubb appoints two executives for new Singapore division
The new commercial division will include personal risk services, which covers valuables and residential insurance.
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- January 22 2018
HK’s FTLife Insurance names new CEO
Gerard Yang, who joined FTLife in 2016, previously worked for MetLife and takes on the chief executive role.
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- January 22 2018
Ping An eyes spinning off four subsidiaries
The units include Lufax, China's biggest online wealth management platform, and Ping An Good Doctor, an online medical platform.
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- January 22 2018
Singapore rates seen to increase in 2017
Insurance premium rates in the city are still low, but last year was good for the industry, according to Aon.
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- January 19 2018
Honan Insurance gets MAS nod to acquire NGA Benefits
The Australian-owned insurance broking company said the acquisition is part of its continuing investment in South-East Asia.
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- January 19 2018
Chinese crackdown on insurers intensifies
The China Insurance Regulatory Commission is aiming to stiffen regulation of insurers' shareholders.
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- January 17 2018
Ping An premium income surges 33.4% in 2017
Individual business growth fuelled the rise in the accumulated gross premium income of the life insurance business.
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- January 17 2018
JLT Re names new CEO for APAC
Jeremy Fox will also become a member of the Reinsurance Global Executive Committee.
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- January 17 2018
Chubb names new Singapore bancassurance head
Koh Wei Lee's appointment is in addition to his current role as division head of accident and health.
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- January 16 2018
Zurich officially pulls out of Taiwan
The Switzerland-based insurer has dissolved its local life insurance business after selling to Hotai Motor Co in 2016.
