Country: Asia Pacific Page 437 / 498
-
- October 20 2016
Hanwha Life acquires 4.1% stake in Lending Club
Investing in the world’s largest peer-to-peer lender is part of an effort to enhance its fintech capabilities.
-
- October 20 2016
Malaysia’s insurance sector fails to meet expectations
Though the sector did expand at an annual 13.3% growth rate until 2010, in recent years it has remained flat.
-
- October 19 2016
Takaful Malaysia posts 30% profit jump
Higher sales in family and general takaful businesses, as well as wakalah fee income, fuelled a 30% increase.
-
- October 19 2016
KBZ to launch insurance arm on Yangon stock exchange
The company’s market capitalisation could be up to US$750m if it goes ahead with an IPO in 2017.
-
- October 19 2016
China’s life insurers warned about low interest rates
Low rates are affecting the industry's pricing and business models, investment channels and risk management.
-
- October 19 2016
Indonesia’s Bumiputera on the hunt for buyers
The company is nearing the end of a long restructuring process aimed at meeting its growing obligations.
-
- October 18 2016
Health-insured Singaporeans to face higher premiums
The moratorium on raising Integrated Shield Plan premiums will be lifted at the end of this month.
-
- October 18 2016
India stalls mandatory listing for insurers
The insurance regulator's proposal has been put on hold after reported intervention by the finance ministry.
-
- October 18 2016
Intermediaries to broaden insurance market share in China
Growth will be driven by smaller life insurers willing to sell wealth management products online.
-
- October 17 2016
AIA Group posts 25% quarterly growth of new business
The insurer has benefited from a rush of mainland Chinese visitors buying insurance in Hong Kong.
-
- October 17 2016
China P&C growth seen to moderate
China's property and casualty insurance sector is set to experience only modest premium growth, according to Moody's.
-
- October 14 2016
Samsung shows how not to do a recall
The Korean company's botched response to its exploding Note 7 smartphone provides a lesson in managing crises.
-
- October 14 2016
China flood losses huge but uninsured
Only 1.5% of US$38bn economic losses were covered by insurance, according to Aon Benfield.
-
- October 13 2016
Thailand tightens rules on bank insurance sales
Brokers will clearly have to state if a transaction is an insurance product or a deposit.
-
- October 13 2016
Korean firms to face sluggish growth in 2017
Persistent low interest rates, weak economic growth and an ageing population are to blame.
-
- October 12 2016
China fast-tracks health insurance reforms
Chinese authorities called on all provinces to start and release their respective plans by the end of the year.
-
- October 12 2016
Koreans spend W100tn on social insurance
Costs last year increased 6.3% from the preceding year, according to the Korea Employers Federation.
-
- October 11 2016
Proposed tax hike will harm Philippine insurers
The industry will face another challenge if plans to increase value-added tax from 12% to 15% go ahead.
-
- October 10 2016
New payback scheme for savings insurance in South Korea
New scheme begins with completion of insurance premium payment.
-
- October 10 2016
Berkshire Hathaway enters Macau market
The new office will add to BHSI’s regional presence in Singapore and Hong Kong.
