Country: Asia Pacific Page 416 / 517
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- January 15 2018
CBA eyes selling stake in Indonesian venture
The sale of a majority stake in Commonwealth Life could value the insurer at up to US$250m.
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- January 14 2018
Hong Leong MSIG Takaful appoints new CEO
The Malaysian takaful firm has named Modh Asri Omar as its new chief executive officer.
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- January 12 2018
Singapore Life buys Zurich portfolio
The city’s newest insurer has gone from fintech startup to significant player.
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- January 12 2018
Siam Commercial, Prudential sign bancassurance deal
The new partnership will target wealthy clients at the Thai bank, which is the country's second-biggest.
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- January 12 2018
Takaful outpaces conventional insurance in Malaysia
Family and general takaful in the country grew by 7.5% and 5.9%, respectively, in the first half of 2017.
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- January 12 2018
Chinese insurers’ premium income up nearly 20%
The strong figures were achieved despite the authorities’ tightened regulation of the sector.
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- January 11 2018
China’s first tech insurer set for launch
Taiping Technology Insurance will be the first insurer to focus on the country's technology sector.
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- January 11 2018
Axis Bank seeks to acquire insurance firm
The third-largest private-sector bank in India is exploring opportunities in the fast-growing life sector.
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- January 11 2018
Great Eastern may shed stake in Malaysian operations
The insurer is reported to be in talks with Malaysian banks regarding the possible sale.
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- January 10 2018
Pru Life inks bancassurance deal with Philippine bank
The three-year partnership with Robinsons Bank will initially focus on traditional or basic products.
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- January 10 2018
Japan insurers shift to longevity plans
As the elderly population grows, companies are offering plans that accept customers up to 90 years of age.
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- January 10 2018
Maybank’s Etiqa names four new CEOs
The new executives will lead each of the four new entities generated by the split of the insurer.
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- January 9 2018
Ping An value hits US$101bn in 2017
The stock of Ping An Insurance Group Co continues to soar, despite the lack of hype that insurers have as compared with tech companies.
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- January 9 2018
Singapore Life to buy Zurich Life Singapore portfolio
All policies are expected to be completely transferred during the first half of the year.
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- January 9 2018
ACR appoints new Malaysia CEO
Asia Capital Re has appointed Hue Yann Wei as chief executive of its Malaysia subsidiary.
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- January 9 2018
Edelweiss wins India non-life licence
The group is set to become the country's 33rd non-life company after Irdai approval secured.
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- January 8 2018
Indian insurers launch financial services blockchain
It is hoped the project will rein in costs for companies running medical tests and evaluations.
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- January 5 2018
India’s cyber insurance demand up 50%
Companies have started to take action over the effects of cyber attacks and data breaches.
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- January 5 2018
Sompo Holdings to buy Lexon units
The deal to acquire the second-biggest surety insurer in the US is estimated at up to US$266m.
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- January 5 2018
Zurich buys HK telematics startup Bright Box
The company provides smartphone-based cloud technology that links drivers, vehicles and automakers.
