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- May 23 2017
Foreign insurers eyeing up Syarikat Takaful Malaysia
A number of foreign insurers have reportedly expressed interest in acquiring the takaful operator.
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- May 23 2017
DBS India inks two bancassurance deals
The new partnerships are with Tata AIA Life and Birla Sun Life, after its agreement with Aviva India Life.
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- May 22 2017
PICC plans US$2bn share sale in mainland China
The sale comes more than four years after its subsidiary went public in Hong Kong through a US$3.1bn offering.
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- May 22 2017
China to check sales activities of life insurers
The Chinese regulator said it would beef up oversight as part of its crackdown on irregularities in the industry.
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- May 22 2017
U Mobile, Sun Life ink insurance deal
The partnership represents the first time any Malaysian telco has offered life insurance to its customers.
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- May 19 2017
Korea urges firms to calculate contract liabilities from 2021
The Financial Services Commission said the new rule would encourage insurers to better cope with the IFRS 17.
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- May 19 2017
Foresea Life keeps afloat amid Beijing crackdown
Company states normal operations and stable cash flow.
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- May 18 2017
Asian captive market offers room for growth
Asian corporations are starting to appreciate the concept of having captives as an alternative risk-management tools.
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- May 18 2017
China cracks down on universal life policies
The move is expected to hurt many Chinese insurers that have relied on the practice to fund investments.
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- May 17 2017
Dai-ichi Life posts sixth straight record profit year
Japan’s third-largest life insurer by revenue posted a net profit increase of 29.6% in the latest fiscal year.
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- May 17 2017
China to inspect insurance branches for violations
CIRC is targeting the outlets of companies that have ranked poorly in terms of customer complaints.
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- May 16 2017
Insurance cooperation eyed along Belt and Road route
At least 20 countries along the route have entered into agreements with China Re, which is taking a lead.
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- May 16 2017
Axis Bank seeks additional bancassurance partner
India's third largest private-sector bank is planning to bring its total number of life insurance partners to three.
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- May 16 2017
Irdai approves Gen Re R3 licence in India
The R3 licence covers underwriting and risk management expertise locally rather than cross-border.
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- May 15 2017
China’s tightening to benefit insurers in long run
Analysts are confident that stricter oversight from the regulator will result in better market discipline.
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- May 15 2017
SBI General Insurance posts first profit in seven years
The company attributed the rise in profits to improved risk selection and better expense-control measures.
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- May 12 2017
China gets tough
And this time it’s serious. After the ouster of its chairman, CIRC has reaffirmed a stricter approach.
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- May 12 2017
Anbang-owned Fidea set for relaunch
Acquired by Anbang two years ago, the Belgian insurer is now focusing more on long-term returns.
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- May 11 2017
Tokio Marine to invest more in US corporate debt
Rising hedging costs are making investment in foreign government bonds less appealing for Japanese insurers.
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- May 11 2017
AIG raises capacity in the Philippines
The insurer has refocused its portfolio to target opportunities in the Duterte government’s infrastructure push.
