Country: Asia Pacific Page 430 / 498
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- January 16 2017
Hanwa Life Indonesia mulls IPO in 2019
The IPO is part of an effort to meet the regulator's 80% foreign ownership limit for insurers.
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- January 16 2017
Sony Life inks deal with Australia’s ClearView Wealth
The agreement will see the two companies sharing information to drive efficiency and growth.
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- January 16 2017
Premium income up 29% in China
The country's insurers earned US$449.4bn from premiums in 2016, according to CIRC.
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- January 13 2017
Aegon Life forecasts online insurance growth in India
Buying insurance products in the country will soon be similar to booking a plane ticket online.
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- January 13 2017
China investigates PICC president Wang Yincheng
Wang was reportedly taken away by authorities from the insurer's Beijing headquarters last Monday.
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- January 11 2017
Taiwan to create long-term healthcare agency
The Ministry of Health and Welfare is planning to push forward the government's long-term care program.
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- January 11 2017
New York Life unit buys stake in India’s Max Ventures
The largest mutual life insurance company in the US has bought a 22.51% stake for US$17.7m.
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- January 11 2017
China releases medical reform plan
The government plan puts an emphasis on insurance reforms and improvements for the period 2016-2020.
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- January 10 2017
Auto market to drop 70% say Korean researchers
A study by the Korea Insurance Research Institute forecasts a steep decline in developed countries.
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- January 10 2017
Malaysian insurers ready payments for flood losses
The country's insurers are prepared to meet claims as seasonal flooding has displaced thousands of people.
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- January 9 2017
Employers oppose Malaysia’s health insurance system
The Malaysian Employers Federation (MEF) says the proposed system will be a burden to employers.
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- January 9 2017
Lloyd’s plans China expansion
Chairman John Nelson outlines plan to further expand on the mainland as part of its Vision 2025 strategy.
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- January 9 2017
Singapore insurers to adopt tax-evasion measures
Tax residency status required for all account holders as part of a measure to combat tax evasion by 2018.
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- January 6 2017
HK insurers wince as China adds more FX restrictions
Authorities have taken new steps to prevent mainland customers buying insurance products in the city.
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- January 6 2017
Indian reinsurers oppose new regulations
The Insurance Brokers Association of India is opposing the Reinsurance Regulations on Order of Preference.
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- January 6 2017
Mixed reaction to Hong Kong’s health insurance scheme
The dropping of guaranteed acceptance and a high-risk pool has caused controversy in the industry.
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- January 5 2017
Korea will make fourth attempt at KDB Life sale
Sources say that KDB has extended the maturities of two funds created to look for a new buyer.
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- January 5 2017
Vietnam’s insurance penetration hits 81.7%
There are now more than 76 million people in the country who are covered by health insurance.
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- January 5 2017
CIRC further tightens rules on insurance industry
The regulator now requires a compliance management system on the holding company of an insurance conglomerate.
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- January 4 2017
Chinese insurers face tighter profit margins this year
Analysts warn that low interest rates and increased regulation will further weaken investment returns.
