Country: Asia Pacific Page 391 / 490
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- December 15 2017
India’s life market expecting stronger growth
Low penetration and the rising share of financial assets in household savings is driving premiums.
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- December 14 2017
Philippine firms continue net income growth
A rise in underwriting and investment income helped drive the robust third-quarter performance.
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- December 14 2017
China considers revising insurance security fund rules
The move will allow the fund to provide necessary liquidity support to insurers in case of crisis.
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- December 14 2017
Ping An life insurance premium income up 34%
Increased sales of individual policies have helped to spur growth for China's second-biggest insurer.
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- December 13 2017
Zurich agrees to buy ANZ life insurance arm for US$2.1bn
The Swiss insurer will become the biggest insurance company in the country after the deal.
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- December 13 2017
Life insurers’ new premiums up 6% in India
LIC still led the pack, but total new premium collected by all private insurers grew 32%.
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- December 12 2017
Allied World appoints country manager for Australia
Iain MacLeod will lead the company in the execution of its growth plan for the country.
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- December 12 2017
ANZ nears final stage of sale of life insurance unit
A deal will likely be completed in the latter half of 2018 if the transaction is signed next week.
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- December 12 2017
Ping An on the hunt for more tech investment abroad
The company's innovation drive includes a facial recognition app that can spot lying borrowers.
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- December 12 2017
ZhongAn teams with Sinolink to expand overseas
China's first online insurer has partnered with the Hong Kong-listed investment holding company.
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- December 11 2017
Vietnam suffers rare US$1bn loss after Typhoon Damrey
This year marks the first time since 1993 that Vietnam has had a season with a Cat 2 and 3 typhoon landfall.
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- December 11 2017
IAG shares 12.5% premiums, costs with reinsurers
In an effort to curb volatility in its earnings Australia’s biggest general insurer is releasing capital.
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- December 11 2017
NTUC Income taps Fullerton to manage US$23bn in assets
The partnership is seen to create more opportunities to explore innovative investment products.
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- December 8 2017
ZhongAn takes inspiration from Ping An on insurtech
China’s first and largest online-only issuer says the market is big enough to support both companies' ambitions.
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- December 7 2017
India allows PE funds to own insurance companies
Private equity funds can now own up to 10% of the paid-up equity of an insurer, says Irdai.
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- December 7 2017
Vision Fund eyes investing in Chinese insurer Ping An
The fund is in discussions to invest in three firms Lufax, OneConnect or Ping An Good Doctor.
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- December 7 2017
LIC books 12% first half premium income growth
The results were driven by profits from the sale of equities during the period.
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- December 6 2017
Life segment leads growth in Thailand
The country's changing demographics and better personal and retirement coverage have provided opportunities.
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- December 6 2017
Taiwan Financial approved to inject new capital in insurance unit
The Taiwanese financial group has proposed adding US$330m of capital into Bank Taiwan Life Insurance.
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- December 5 2017
Steadfast to buy Whitbread Insurance for US$72m
Australia's biggest network of insurance brokers and advisers said it would finance the acquisition with a A$100m institutional placement.
