Country: Asia Pacific Page 392 / 490
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- December 5 2017
Eight Korean insurers tap online-only bank
K Bank has released 20 savings and protection "mobilessurance" policies through a mobile app.
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- December 5 2017
Nippon Life to buy 24.75% stake in TWC Group
The Japanese insurer will acquire 24.75% of the US investment firm from Carlyle for an estimated US$488m.
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- December 5 2017
Taiwan incentivises protection products
Starting next year, insurers can take advantage of a government scheme to improve the product mix.
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- December 4 2017
Reliance General gets final clearance for IPO
The offering will account for 25% of the post issue paid-up capital of the insurer.
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- December 1 2017
Racing to beat climate change
Insurers are divided on how climate change will affect the industry overall.
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- December 1 2017
Chinese non-life insurers, reinsurers required to hire actuaries
The country’s 84 non-life general insurers and 12 reinsurers must have a chief actuary by January 1, 2020.
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- December 1 2017
PE funds will be allowed as promoters of Indian insurers
Irdai has approved a proposal to allow private equity funds to promote insurance companies through SPVs.
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- December 1 2017
FRS opens in Hong Kong and Malaysia
Financial Risk Solutions' two new offices are in Menara Darussalam in Kuala Lumpur and ICC in Hong Kong.
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- December 1 2017
Insurance sector in Malaysia welcomes new deputy governor
Jessica Chew is set to step in starting January next year as Sukudhew Singh is relinquishing his post after 31 years.
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- November 30 2017
Beijing and Guernsey in captive insurance joint venture
The partnership will see the creation of captive structures and the provision of captive services for Chinese businesses.
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- November 30 2017
China Life hunts for more overseas investments
Its efforts are centred on infrastructure and technologies and products with the growth potential in China.
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- November 30 2017
Thai insurers face slower growth in 2018
The country's insurance sector is expected to post growth of only 5.5% in 2018, slower than the 5.9% this year.
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- November 30 2017
China regulator orders three insurers to fix problems
CIRC has given the companies until December 30 to report on their progress in correcting a range of problems.
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- November 29 2017
Oriental Insurance announces listing plan
The company plans to list on several bourses in line with the government’s programme in 2018-19.
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- November 29 2017
Hong Kong insurers attract buyers seeking M&A-driven growth
US and European insurers look to Asia amid low growth and even lower interest rates, according to new research.
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- November 29 2017
Regulatory reforms and strong economy boost insurers in India
The rating agency forecasts the non-life insurance sector to maintain its double-digit growth over the next three-to-four years.
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- November 29 2017
China insurers report 19% leap in premium income
Premiums rose to Rmb3.24 trillion (US$491.06 billion) from January to October this year, according to CIRC.
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- November 28 2017
Wesurance to roll out HK’s first AI-powered insurance app
The local insurtech startup says its app and virtual assistant Amy are set for launch next month.
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- November 27 2017
Dozen bidders eye purchase of Star Health
Financial and strategic investors have joined the fray to buy the Chennai-based insurer from its private equity owners.
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- November 27 2017
Jirnexu set to operate in Malaysia
The South-East Asian fintech company has been approved to compare, sell, process payments and issue e-policies.
