Country: Asia Pacific Page 433 / 498
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- December 2 2016
Mainlanders’ spending on HK insurance doubles
A total of US$6.3b was spent on Hong Kong insurance products during the first nine months of the year.
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- December 1 2016
Aetna to establish innovation hub for Asia
Based in Singapore, the hub will develop tailored healthcare solutions for local markets across the region.
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- November 30 2016
Japan's employment insurance premiums to hit record low
The government is bent on cutting premiums to spur personal consumption and corporate spending.
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- November 30 2016
Japan’s quake cover remains low
Penetration rates remain surprisingly low despite being one of the most seismically active countries in the world.
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- November 30 2016
Indian premiums to hit US$378bn by 2020
The projected growth will come on the back of an equally significant rise in the number of intermediaries.
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- November 29 2016
Etiqa to acquire majority stake in Indonesian insurer
The deal with general insurer Asuransi Asoka Mas will provide Etiqa with access to Indonesia's untapped market.
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- November 29 2016
Taiwan life firms post decline in earnings
Aggregate earnings dropped by NT$46.2b (US$1.45b) to NT$95.9b during the first 10 months of the year.
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- November 28 2016
Korea to enforce stricter monitoring on insurers
Unfair and irregular sales activities will be targeted, with plans to impose sanctions against violating insurers.
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- November 28 2016
Macau life insurance market expands by more than 50%
The popularity of life products helped the city's insurance sector surge during the first three quarters of this year.
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- November 28 2016
Anbang to offer international bond to fund more acquisitions
It remains unclear how much the Chinese company is seeking to raise through the offering.
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- November 25 2016
Mitsui Sumitomo to offer cover for bitcoin losses
Developed with bitcoin exchange operator bitFlyer, the product aims to protect both exchanges and their customers.
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- November 25 2016
Tencent and investors sign HeTai Life deal
The Chinese internet giant invested through a subsidiary, while other shareholders include Citic Guoan and Munson Capital.
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- November 24 2016
Cost of fraudulent NHI claims hits new record in Taiwan
Among the 2,285 medical facilities the NHIA investigated in the past three years, 1,108 breached the regulations.
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- November 24 2016
China’s insurance regulator to get strict on trading habits
CIRC will beef up scrutiny after an insurer was recently found to be engaging in “rat trading”.
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- November 23 2016
Indian life insurers hit by demonetisation
The demonetisation of 500 and 1,000 rupees notes is affecting payments of renewal premiums.
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- November 23 2016
Anbang eyes US$2.3bn Japanese property acquisition
The China-based insurer is now in talks with Blackstone to buy the residential property assets.
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- November 23 2016
China to boost healthcare insurance system
The government will expand coverage to the entire population, according to Premier Li Kequiang.
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- November 23 2016
AIG loses on Fuji Life, gains on Seoul finance centre
The expected US$30m loss on the Fuji sale will be cushioned by a deal to sell the Seoul IFC.
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- November 22 2016
UK government urged to prioritise China, India links
The Association of British Insurers wants Westminster to help crack foreign markets after the Brexit referendum.
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- November 22 2016
Prudential partners with Citic to open new China branch
The new branch in Hefei adds to Citic-Pru Life's domestic network, spanning 66 cities across 16 provinces.
