Country: Asia Pacific Page 412 / 499
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- August 10 2017
Asia suffers US$10bn catastrophe losses in six weeks
The losses were recorded in July alone due to severe flooding, a catastrophe report from Aon says.
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- August 9 2017
Irdai cautions startups backed by PE firms
The regulator has warned that private equity firms need to show proof that they will provide long-term support.
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- August 9 2017
Singapore’s life market keeps on growth track
Momentum in the second quarter was supported by a surge in sales of annual-premium products.
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- August 8 2017
Indian regulator surveys insurers on telematics
Irdai is seeking a better understanding of how product design and pricing should work for mass adoption of telematics.
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- August 8 2017
Asian insurance M&A slumps by 40%
The decline is largely due to more stringent capital controls implemented in China, according to a study by Clyde & Co.
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- August 8 2017
Markel adds political risk underwriter in Singapore
Alex Holcroft joins the political risk and structured trade credit business from Sompo Canopius.
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- August 7 2017
Korean non-life insurers pressure to cut premiums
The big non-life firms raked in higher profits, but this has led to pressure on pricing.
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- August 7 2017
Star Health Insurance plans US$470m stake sale
The Indian insurer has reportedly appointed an investment bank for primary and secondary stake sales.
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- August 7 2017
Aviva, Tencent to launch Hong Kong online insurer
The two companies are seeking regulatory approval to launch the disruptive startup.
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- August 4 2017
China’s asset dilemma
The investment patterns of Chinese life companies such as Anbang continue to raise concerns.
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- August 4 2017
New products needed to close protection gap, says MAS
New ideas are required to reduce the financial impact of natural disasters in Asia, says Singapore regulator.
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- August 4 2017
China insurers’ profits up 10% in H1
Industry players raked in Rmb116.1bn during the first six months of the year.
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- August 4 2017
Bright future for Malaysia’s general takaful sector
The industry is forecast to take up a 20% market share in the country's insurance sector by 2020.
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- August 3 2017
AmCham Myanmar seeks continued insurance reforms
The American Chamber of Commerce in Myanmar has urged regulators to allow market access to foreign insurers.
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- August 3 2017
JLT joins HKMA’s infrastructure financing facilitation office
The partnership will aim to capitalise on China's Belt and Road initiative to promote connectivity and long-term development.
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- August 3 2017
Asian health insurance among world’s most expensive
Hong Kong, Singapore and China are among the top five most expensive locations for international health insurance.
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- August 2 2017
Hong Kong official wants insurers to share information
The call is aimed at addressing the challenge posed by the increasing number of fraud cases in the industry.
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- August 2 2017
China tells Anbang to sell overseas assets
The company has been urged to channel its overseas investments back to China and dispose of its offshore assets.
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- August 2 2017
HDFC Standard, Max Life call off proposed merger
Failing to secure regulatory approval in India, the two companies have cancelled their merger plans.
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- August 1 2017
Insurance business lifts HSBC’s profit in Asia
Europe's biggest bank was boosted by stronger insurance and wealth management revenue in Hong Kong.
