Country: Asia Pacific Page 405 / 538
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- January 15 2019
GIC Re and New India to kick off stake sales: report
The sales are part of a government plan to sell 25% stakes in the insurance giants by the end of 2020.
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- January 14 2019
Swiss Re creates China county catastrophe cover
Improving data has allowed the reinsurer to provide more tailored parametric cover.
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- January 14 2019
Swiss Re eyes direct Indian life stake: report
There is a bidding war for a 23% stake of Canara HSBC Oriental Bank of Commerce Life.
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- January 11 2019
Fixing Indonesia’s takaful sector
It is not clear if the country’s insurers are prepared for changes coming to the sector.
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- January 11 2019
Great Eastern’s ownership in Malaysia safeguarded
Singapore giant will keep its full stake in Malaysian insurer after state scheme contribution.
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- January 11 2019
Prudential extends UOB alliance for 15 years
The agreement extends original alliance that started in 2010 for a fee of US$851m.
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- January 10 2019
Troubled HNA seeks to exit Bohai Life stake
Debt-laden Chinese conglomerate is looking to raise funds quickly.
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- January 10 2019
Aaron Fryer starts regional Allianz CFO role
Renate Wagner will relinquish the role to focus on leading the regional life and health team.
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- January 10 2019
Beazley agrees financial lines tie-up in Hong Kong
Lloyd's coverholder Pegasus to help Beazley develop a portfolio in the SAR.
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- January 9 2019
Sompo Thailand hires former Axa CFO as CEO
Chayanna Siripirom will lead the Japanese firm's business in Thailand.
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- January 9 2019
China Taiping targets competitive Singapore life market
General manager Lance Tay says the firm will focus on the "mass affluent" after a surge in demand.
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- January 9 2019
Three majors to exit ElderShield in Singapore
Aviva, Great Eastern and NTUC Income will handover disability scheme to the government.
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- January 8 2019
Clarity sought over call for commission ban in Australia
Insurance Council of Australia wants more information from the Australian Securities and Investments Commission.
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- January 8 2019
Tropical storm Pabuk hits energy production in Thailand
The unusually powerful tropical storm is unlikely to be a major insurance event.
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- January 8 2019
Weaver promoted as Boal leaves Willis Towers Watson Australasia
Key roles combined under Simon Weaver after the departure of Andrew Boal.
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- January 7 2019
Pop Insurance targets Asia M&A with Allianz-backed MGA
Fusion Specialty M&A will target corporate and private equity transactions in Asia Pacific.
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- January 7 2019
Competition leads to record expenses for Korea’s P&C insurers
Marketing budgets and commissions are on the rise amid intense competition.
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- January 4 2019
Myanmar opens for business
Officials said on Wednesday that they are finally ready to award licences to foreign insurers.
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- January 4 2019
Hong Kong brokers make 10.5% profit margin
Hong Kong's top 20 brokers are dominating the market according to a comprehensive survey.
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- January 4 2019
Extreme hailstorm hits Suncorp for A$250m
The Brisbane-headquartered insurer was hit by Australia's extreme weather in the second half of 2018.
