Country: Asia Pacific Page 397 / 490
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- October 16 2017
Aviva exits Taiwan
The British-headquartered insurer has decided to sell its stake in a local joint venture with First Financial.
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- October 13 2017
Games, trains and electricity
What institutional investors are looking at ahead of China’s next five-year plan.
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- October 13 2017
Vietnam’s market keeps positive growth
Total premiums for the whole market in the January-September period were estimated to have increased 18% year-on-year.
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- October 13 2017
Five Chinese insurers barred from financing parent companies
The move is part of a government effort to curb funding for some of the nation’s most aggressive asset acquirers.
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- October 13 2017
Philippine insurers told to beef up reserves
There remains a US$155m gap in reserves, or more than 60% of industry premiums and claims.
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- October 13 2017
Drastic changes ahead in China’s insurance sector
The government plans to implement changes in policies, environment and technology, according to CIRC.
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- October 12 2017
HK regulator to fast track online-only insurers
Companies applying to operate online-only insurance firms in Hong Kong can expect faster processing of their applications.
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- October 12 2017
China revises rules on securities insurance
A new regulation is in place starting Tuesday that will give insurance funds priority to subscribe to new shares offline.
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- October 12 2017
India’s non-life premiums up 13.6%
The gross premiums rose to US$2.68bn in September this year, according to data from Irdai.
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- October 11 2017
China insurers’ premium income up 20.45%
CIRC attributed the steady growth of premium income during August to improved regulations and risk protection.
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- October 11 2017
UN warns of more destructive disasters in Asia
The warning comes from the UN's Economic and Social Commission for Asia and the Pacific.
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- October 10 2017
Zurich names new chief underwriting officer in Singapore
Anish Jadav will work closely with the Asia-Pacific Regional commercial insurance team headed.
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- October 9 2017
MS&AD buys 15% stake in ReAssure
The group has agreed to pay Swiss Re £800m (US$1.05bn) for its investment in the UK-based closed-book life insurer.
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- October 6 2017
Nippon Life to buy MassMutual Japan for up to US$1.77bn
If the deal pushes through, it will be the first consolidation in the Japanese life insurance market since 2015.
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- October 6 2017
Two Malaysian pension funds eye stakes in insurers
The country's two biggest pension funds are considering buying into one of the locally incorporated foreign-owned insurers.
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- October 5 2017
Japanese life insurers seek to acquire global asset managers
Challenging returns at home prompt Japanese majors to seek opportunities and expertise abroad.
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- October 5 2017
Chubb appoints 5 global executives
Cunqiang Li has been named chief operating officer for Chubb Life, the firm’s international life insurance division.
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- October 5 2017
No IPO plans for Tata AIA Life
AIA’s chief executive officer and president Ng Keng Hooi revealed there was no need to raise fresh funds.
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- October 5 2017
India’s GIC sets IPO for 11 October
IPO set to be be the biggest listing in India in seven years.
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- October 4 2017
QBE says 2017 could be costliest in history
The Australian insurer expects its earnings to be dented by rising claims from this year's disasters.
