Country: Asia Pacific Page 416 / 511
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- November 2 2017
CDFHC expects gains after Taiwan insurer acquisition
Development Financial Holding Corp says it is expecting “synergistic gains” after gaining a foothold in the Taiwanese market.
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- November 2 2017
Aioi Nissay Dowa to relocate UK subsidiary post Brexit
It unveils plans to move one of its subsidiaries from London to Luxembourg after Britain’s exit from the EU.
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- November 1 2017
Insurance, takaful remain unpopular in Malaysia
The country's central bank governor urged the industry to focus on the underserved segment of the market.
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- October 31 2017
ZhongAn Online to apply AI to improve service
China's first online-only insurance firm says that it plans to deploy artificial intelligence to improve its offering.
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- October 31 2017
Chinese broker set to list on Shenzhen SME board
Jiang Tai Insurance Brokers said it would float its shares on the board by the second half of 2018.
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- October 30 2017
China Life profit grows 365%
Earnings have been buoyed by a leap in investment income amid an increasing stock market and robust premiums.
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- October 30 2017
India eyes 10-year lock-in for PE investors
The country's regulator has made it harder for private equity companies to exit at will from insurers.
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- October 27 2017
GIC Re debut fails to impress
India’s state-owned reinsurer got off to a mediocre start this week after its shares started trading in Mumbai and Delhi.
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- October 27 2017
India’s health segment to grow faster than motor
With just 10% of people taking up commercial health insurance, the sector has more room to grow.
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- October 27 2017
AIA inks 15-year bancassurance deal in Vietnam
The partnership with VPBank will provide acess to the bank's network of 215 branches and transaction offices.
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- October 26 2017
Citi banker joins Ping An fund as COO
Donald Lacey is reportedly set to leave the bank to join the US$1bn Global Voyager Fund.
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- October 26 2017
Moody’s keeps negative outlook on Taiwan market
The industry has shown improvement with margins on savings products but still needs to make progress.
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- October 25 2017
Vietnam’s health coverage likely to hit 83% this year
The prime minister announced the penetration rate at the fourth session of the 14th National Assembly in Hanoi.
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- October 25 2017
Malaysia warns insurers against raising motor premiums
Any increase above 10% after tariff liberalisation will require the approval of the Bank of Negara Malaysia.
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- October 25 2017
Party committees to be revived in Chinese insurance JVs
The Communist Party is aiming to bring back the formerly inactive committees to extend its representation in business.
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- October 25 2017
Great Eastern logs 21% profit hike
The improved performance in operations is credited to multi-channel distribution by agents and bancassurance partners.
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- October 24 2017
Taiwanese insurers hurt by China losses
Shin Kong Life, Cathay Life and Taiwan Life are facing loss-to-investment ratios of 100%, 48% and 59%.
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- October 24 2017
China Life expects 95% net profit growth
Higher returns on investment during the first three quarters have helped profits to almost double on poor 2016 numbers.
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- October 24 2017
Takaful market continues to enjoy growth
Data gathered by Kenanga Research show the family sector grew 5% in September, while the general sector grew 9%.
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- October 24 2017
Anbang resumes sale of high-yield products
Experts say government regulators must have extended a new lease on the group’s operations.
