Country: Asia Pacific Page 425 / 529
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- February 21 2018
HDFC seeks to acquire Apollo Munich
India’s biggest mortgage firm has entered into the talks as part of a new push for growth through acquisitions.
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- February 20 2018
Myanmar opens doors to three foreign insurers
Local players are strongly opposed to liberalisation but the government is driving reform nevertheless.
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- February 20 2018
China’s public insurance adjusters to see more scrutiny
CIRC has said public insurance regulators should be organised as either partnerships or corporations.
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- February 19 2018
Khazanah unit to sell its Turkish insurance business
The Malaysian sovereign wealth fund is seeking to dispose of Istanbul-based Acibadem Sigorta.
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- February 19 2018
China’s Rongfeng asked to justify plan to buy stake in Greek insurer
Doubts emerge it may not have the capacity to engage in the deal with Ethniki Hellenic General Insurance
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- February 15 2018
IAG sees ‘limited’ Asia opportunities
The Australian group is conducting a strategic review of its US$630m investment in the region.
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- February 15 2018
Peak Re says goodbye to IFC
Prudential Financial has acquired IFC's shareholding as the business outgrows its original emerging-market remit.
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- February 15 2018
IAG reviews Asian operations
The review comes after a sharp surge in its first half 2017 profits, owing to higher premiums.
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- February 15 2018
Bank Danamon considers selling stake in insurance subsidiary
The Indonesian bank's insurance subsidiary is attracting interest from foreign investors.
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- February 14 2018
Rising demand for IPO legal insurance in Hong Kong
New stock market listing rules are set to boost sales for legal insurance to cover liabilities from initial public offerings.
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- February 14 2018
Chinese regulator puts cap on insurers’ overseas financing
The China Insurance Regulatory Commission has limited foreign borrowing to 20% of an insurer's net assets.
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- February 14 2018
Great Eastern mulls expansion in Indonesia, Thailand
The insurer’s goals include becoming one of the 10 biggest insurers in Indonesia within the next five years.
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- February 13 2018
India market to reach US$280bn by 2020
Vice-president Venkaiah Naidu cited the country's rosy economic prospects as a driver for the insurance industry.
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- February 13 2018
China Life reportedly acquiring AMP’s life assets for US$3bn
A possible deal to buy the troubled life insurance assets could be announced in May, according to reports.
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- February 13 2018
XL Catlin appoints China country manager
Phil Xue joins from Guy Carpenter to take up role of chief executive officer of XL Insurance (China).
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- February 12 2018
FWD Life appoints new chairman for Philippine business
The country’s former ambassador to the US, Jose Cuisia, has taken up the role to replace Julian Lipman.
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- February 12 2018
Samsung names new CEOs for insurance units
Samsung Life Insurance and Samsung Fire & Marine Insurance have new leaders after the resignation of the previous heads.
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- February 12 2018
China, India priority markets for UK insurers after Brexit
The Association of British Insurers has said the two nations will be key targets after departure from the EU in 2019.
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- February 9 2018
Open for business?
Chinese acquirers are watching Oceanwide’s revived attempt to buy US insurer Genworth with interest.
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- February 9 2018
Korean insurers post higher profits in 2017
The improvement is driven by hefty gains on investment coupled with a rise in interest rates.
