Country: Asia Pacific Page 429 / 498
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- January 25 2017
Thailand’s SCB Life up for sale
The process to sell a 49% stake stalled last year after changes in foreign shareholder rules.
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- January 25 2017
Swiss Re to open Mumbai branch on February 1
India's regulator has approved the Swiss reinsurer’s application for a composite branch licence.
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- January 24 2017
Generali appoints Asia head
Roberto Leonardi will be responsible for managing the P&C and life insurance businesses in Asia.
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- January 24 2017
Slump in China’s life premiums expected this year
The regulator's crackdown and a decline in insurers' investment returns could cause a fall.
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- January 24 2017
Korea mulls revision of health insurance programme
The country's Ministry of Health and Welfare is proposing to reduce fees by as much as half.
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- January 23 2017
Japan to cut auto insurance premiums
Compulsory liability premiums will go down by an average 6.9%, the first fall in nine years.
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- January 23 2017
Hanwha Life opens local HQ in Jiangsu province
The Korean company entered China in 2012, in partnership with Zhejiang International Trade Group.
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- January 23 2017
Lloyd’s gets final approval on India branch
Chairman John Nelson says it will develop the branch as an international centre for insurance and reinsurance.
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- January 20 2017
Insuring Japan Inc
A shrinking population and weak economy is creating some unique challenges for Japan's insurers.
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- January 20 2017
Allianz and StanChart sign 15-year bancassurance deal
The agreement gives access to the bank's retail clients in Hong Kong, Singapore, Malaysia, Indonesia and China.
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- January 20 2017
Japanese insurers join rush to enter Iran
More than 140 foreign insurance and reinsurance companies are in talks with the Iranian regulator.
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- January 20 2017
Positive outlook for Malaysia’s Islamic insurance sector
In the first quarter of 2016, family takaful grew by 9.8% while general takaful grew by 5.8%.
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- January 20 2017
India approves listing of five state-owned insurers
The cabinet committee of economic affairs has confirmed the plan announced last year.
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- January 19 2017
Practo bets big on health insurance space
The Indian healthcare platform plans to invest after raising US$55m in its series-D funding round.
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- January 19 2017
Philippine insurers given capital requirement deadline
Regulators have given insurance companies until April this year to meet the minimum capital target.
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- January 19 2017
China to lower foreign investment restrictions
The State Council said it will cut restrictions on insurance, banking, securities and other sectors.
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- January 18 2017
Berkshire enters Malaysia’s non-life reinsurance market
The Labuan licence adds to the company's existing presence in Singapore, Hong Kong and Macau.
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- January 18 2017
India’s new business life premiums up in December
Private life players posted 42% growth in premiums thanks to an increase in financial savings.
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- January 18 2017
Bharti Axa appoints Sanjeev Srinivasan as chief exec
The new CEO joined from ICICI Lombard in August 2016 as chief commercial and principal officer.
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- January 17 2017
Nan Shan Life takes over Chaoyang Life in Taiwan
The Taiwanese government is paying NT$200m to take over loss-making insurer before May this year.
