Country: Asia Pacific Page 405 / 490
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- July 25 2017
Allianz eyes more partnerships in Malaysia
The company is looking at partnering with up to 10 firms this year to diversify and extend its business in the region.
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- July 24 2017
Great American boosts Singapore management
The company has hired three new senior executives, according to a statement.
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- July 24 2017
China continues to rein in financial risks
Insurers in the country are now barred from offering credit products to companies for financing.
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- July 24 2017
Global Insurance buys out Aon in India JV
The deal for the 26% stake immediately changes the JV's brand name to Global Insurance Brokers.
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- July 21 2017
Foresea Life to set up Communist Party committee
The move follows Xi Jinping's call for the enhancing of Party leadership in financial operations.
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- July 21 2017
More growth in Malaysian insurance sector
The sector is projected to post a high single-digit growth in new business premiums.
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- July 20 2017
IAG to maintain just one division in Australia
The insurer will bring together all of its divisions in the country under chief operating officer Mark Milliner.
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- July 19 2017
Prudential Financial enters Indonesian life market
The US-based insurer has bought a 49% stake in Asuransi Jiwa Mega Indonesia, a subsidiary of CT Corp.
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- July 19 2017
Premiums up 21% in Vietnam
Insurers in the South-East Asian country saw premiums rise 21% in the first half on the back of rising living standards.
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- July 18 2017
Philippine insurers promote inclusive insurance
Five domestic insurance firms have forged a coalition to promote the growth of inclusive insurance market across the Asian region.
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- July 18 2017
Indian insurers bullish on continued growth momentum
The country's general insurance industry says that 20% annual growth will be sustainable in the coming years.
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- July 18 2017
HK regulator tells insurers to embrace technology
The Insurance Authority has urged insurance companies to harness financial technology and big data analytics.
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- July 17 2017
Chinese insurers advised to divest non-core assets
An official from the the China Insurance Regulatory Commission has cautioned against a wide range of risks facing the industry.
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- July 17 2017
India’s HDFC Life shareholders push IPO plans
Standard Life is reportedly keen to move forward with the listing after the merger with Max Group's is likely to be called off.
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- July 14 2017
Protecting against Hong Kong’s typhoon signal 8
Swiss Re has launched the city’s first insurance product to indemnify businesses against losses from a T8 signal.
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- July 14 2017
Irdai enforces more transparency over policy exclusions
Regulations released this week also require every insurer to display service parameters and turnaround times.
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- July 14 2017
Korea sees rise in sales of variable insurance policies
Premiums have nearly doubled to US$477m on the back of robust gains in the local stock market.
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- July 13 2017
Korean insurers forecast to exceed 2016 performance
Higher interest rates and improved auto insurance business are expected to propel the industry.
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- July 13 2017
Ping An eyes fintech, healthcare assets abroad
China’s largest insurer by market value is on the hunt for assets in the US, Israel and Singapore.
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- July 12 2017
SBI Life’s IPO plan gets final board approval
The insurance unit of State Bank of India is aiming to raise US$1.1bn, becoming the second insurer to go public.