Country: Asia Pacific Page 393 / 517
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- October 5 2018
Japan hit by eighth typhoon of the year
A stream of powerful storms in Japan is placing pressure on the country's insurers.
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- October 5 2018
Markel opens India office
Markel International’s long-planned Mumbai office has opened.
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- October 5 2018
Indonesia and Thailand ripe for digital disruption
Bain & Co finds customers are happy to consider purchasing products from tech savvy market entrants.
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- October 5 2018
Taiwan’s regulator examining online-only model
The Financial Supervisory Commission is considering its approach to web-only insurance companies.
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- October 4 2018
Berjaya Sompo looking for acquisition targets
The company, which is 70% owned by Sompo Holdings, is planning to acquire competitors.
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- October 4 2018
India set to allow 100% foreign investment for broking
The move will give the sector the needed boost to make it more competitive.
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- October 3 2018
Shin Kong acquires MasterLink Securities
The Taiwanese company has said that it will centre its efforts on the insurance, banking and securities businesses.
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- October 3 2018
Hong Kong launches consultation on intermediaries
The Insurance Authority is finalising its requirements for intermediaries in preparation for a new regulatory regime.
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- October 2 2018
PICC gets approval for Shanghai IPO
The company and its underwriters are set to confirm the schedule for listing on the Shanghai Stock Exchange.
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- October 2 2018
OCBC abandons plan to sell stake in Hong Kong Life
The sale to First Origin International has been terminated by the Singaporean bank.
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- October 2 2018
GIC to retain first preference to offer reinsurance in India
New rules for the reinsurance market will not change the company's preferential position.
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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.
