Country: Asia Pacific Page 427 / 498
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- February 10 2017
China losing its lustre
Reinsurers are voting with their feet in response to disappointing returns and domestic competition.
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- February 10 2017
Australian insurers quitting life business
Insurers are responding to tough conditions and a public backlash by exiting the sector.
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- February 10 2017
Suncorp eyes sale of US$1.5bn life insurance unit
Chief executive Michael Cameron said a sale is one of the options being considered.
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- February 10 2017
Willis Towers Watson hires regional strategy head
Angelini is tasked with leading the company's expansion into wider strategy consulting services.
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- February 10 2017
Chinese insurers warned on overseas acquisitions
Some companies behave like “a little boy rushing into a candy store”, says CIRC official.
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- February 9 2017
Chinese insurers invested in 651 projects in 2016
Investments mostly went specifically to transport, energy, real estate, health care and elderly care.
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- February 9 2017
New insurance platform to launch in China
The collaboration between Fosun and CXA will focus on employee healthcare and wellness.
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- February 9 2017
AIA seals bancassurance deal in Sri Lanka
The exclusive long-term strategic partnership with DFCC Bank covers a range of savings and protection products.
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- February 8 2017
Taiwan gears up for third-generation health scheme
Initiation of the third-generation national health insurance plan started last month said the health minister.
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- February 7 2017
Japanese firms turn to health data to set premiums
Individualised premiums could be based on exercise times, sleep length, heart rates and other data.
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- February 7 2017
Global insurers capitalising on India’s demonetisation
The government's radical experiment has pushed millions of Indians to enter the formal financial system.
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- February 6 2017
More Japanese insurers to raise premium rates
The Bank of Japan's ultra-low interest rates are squeezing the profitability out of savings-type policies.
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- February 6 2017
Pru Life UK, GIZ tie up for Philippine initiative
The microinsurance partnership will address financial literacy and provide low-cost life insurance products.
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- February 6 2017
Former KIDI chairman to lead Allianz Life Korea
Kim Soo-bong will make a comeback to the insurance industry as vice-president level auditor.
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- February 3 2017
ACR completes acquisition of Malaysia units
The consolidation is part of a long-term strategy to enhance the operational efficiency of the ACR group.
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- February 3 2017
RGA starts operations in Mumbai
The opening comes after the branch secured a licence and the required approvals from the regulator.
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- February 2 2017
Blockchain-based insurance platform launched in Thailand
The decentralised platform was launched by the creators of the peer-to-peer YoCoin digital currency.
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- February 2 2017
ING Life Korea head secures another term
Cheong Mun-kuk will serve for another three-year term and oversee IPO planned for May.
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- February 1 2017
Future Generali seals India bancassurance deal
The deal with state-owned Bank of Maharashtra gives access to distribution through 1,896 branches.
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- February 1 2017
Union Bank inks bancassurance deal with Insular Life
The Philippines bank offers a network of more than 300 branches and six million customers.
