Country: Asia Pacific Page 421 / 498
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- April 27 2017
Japan Post Insurance to raise risk assets
The insurer plans to raise its holdings of assets such as stocks, foreign bonds and alternative assets.
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- April 26 2017
Japanese insurers’ set foreign bond record
Purchases topped US$70bn during the past financial year as part of a strategy to seek higher returns.
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- April 26 2017
Bangladesh insurers urged to partner with banks
Reaching out to villages and rural towns is key to expanding insurance coverage for the country's people.
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- April 26 2017
Korean life insurers face IFRS 17 challenge
However, its implementation will promote structural improvement and value creation over time.
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- April 25 2017
Korea’s ING Life raises US$974m
The country’s fifth-largest life insurer priced its IPO near the lower end of its indicative range.
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- April 24 2017
Aviva acquires entire shareholding in Vietnam JV
The former joint venture with VietinBank is now a wholly owned subsidiary of the British insurer.
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- April 24 2017
China insurers told to enforce stricter controls
The insurance watchdog has again ordered better supervision of operations and investments.
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- April 21 2017
Hong Kong plays catch-up with Singapore
The city is facing a serious challenge and is lagging behind its competitors in many areas. Can China come to its rescue?
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- April 21 2017
India’s life market grows 26%
LIC remained the top performer, generating total new premium of Rs1.243tn for the period.
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- April 21 2017
Uber Hong Kong closes insurance gap
An official from the ride-hailing firm says it has secured protection for its drivers in the city.
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- April 21 2017
Kyobo Life joins Korea’s insurance blockchain project
The project will develop and implement an automatic payment system for small claims to policyholders.
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- April 20 2017
Japanese insurers boost project financing
Companies such as Nippon Life are now crafting their own lending teams and adding significant liquidity to the market.
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- April 20 2017
Swiss Re to set up Asia headquarters in Singapore
The reinsurer intends to establish a new entity that will serve as its headquarters for regional reinsurance operations.
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- April 20 2017
High dividends draw investors to ING Life’s US$1.2bn IPO
The listing, which will be Korea’s second-largest IPO so far this year, is scheduled for the second week of May.
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- April 20 2017
FWD in talks to buy SCB life insurance unit
The potential US$3bn deal would be the largest insurance M&A transaction in South-East Asia.
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- April 19 2017
HK suppresses data on mainlanders’ insurance purchases
Hong Kong’s insurance regulator has stopped releasing the figures “to avoid the public misinterpreting the statistics”.
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- April 19 2017
China’s top insurance regulator sacked
Xiang Junbo has been removed from his position over suspicions of committing disciplinary violations.
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- April 19 2017
Fukoku Mutual Life to invest US$5bn in riskier assets
The Japanese insurer has announced plans to invest in higher-yielding foreign corporate debt and equities.
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- April 18 2017
China’s Union Life secures US$100m investment from IFC
The injection is expected to introduce overseas investment opportunities to help diversify its portfolio.
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- April 18 2017
Anbang’s US$1.6bn Fidelity deal collapses
The Chinese insurer has failed to secure the required regulatory approvals to acquire Fidelity & Guaranty Life.
