Country: Asia Pacific Page 388 / 511
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- October 1 2018
Insurance firms in Malaysia told to consolidate
The central bank governor has urged consolidating to boost their competitive edge and lift performance.
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- October 1 2018
Taiwan life insurers cut forex losses
The weakening of the New Taiwan dollar in August has helped to reduce hedging costs.
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- October 1 2018
Stephen Clark named CEO of Zurich Life Malaysia
The industry veteran will succeed Philip Smith, who is leaving at the end of September.
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- September 28 2018
Typhoon Mangkhut losses could hit US$2bn
The strongest storm in the world this year could be one of the region’s most costly ever for insurers.
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- September 28 2018
Asia’s digital protection gap
A data breach at SingHealth shows that even Asia’s richest nations are vulnerable.
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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.
