Country: Asia Pacific Page 447 / 490
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- April 19 2016
Fitch warns of Chinese insurers’ rising risks
The country's insurers could face rising risks in a number of areas as they increasingly invest overseas.
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- April 18 2016
Generali Group strengthens Thai operations
The company plans to boost its premium income tenfold, to become one of Thailand’s top 10 players.
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- April 15 2016
Shanghai is home to 55 insurance headquarters
The city plans to build the industry further towards its goal of becoming an international centre for the sector by 2020.
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- April 15 2016
China’s Sunshine Life launches US$1.5bn bond offer
The sale ends the recent drought among Chinese companies tapping the offshore bond market.
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- April 15 2016
Future Land bids US$1bn for Dah Sing Life
The bid is part of a plan to sell Hong Kong insurance products to homebuyers in China.
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- April 14 2016
Indian firms exploit rising demand for D&O cover
Panama Papers revelations are among factors fuelling growing demand for large D&O policies.
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- April 14 2016
Aioi Nissay Dowa teams up with Toyota for US auto cover
The non-life arm of MS&AD is teaming up with Toyota Motor to enter the auto insurance market in the US.
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- April 14 2016
Sompo nears US$200m bancassurance deal with CIMB
The 10-year deal will allow the company to distribute general insurance products through CIMB's branches across Asia.
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- April 14 2016
Tokio Marine Life Singapore to name new CEO
Lance Tay is reportedly stepping down on May 31 after steering the business to MAS Tier 1 Significant Insurer status.
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- April 13 2016
Taiwanese financial firms hit by falling insurance earnings
The sluggish performance of insurance companies is taking a toll on the nation's top financial groups.
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- April 13 2016
Insurance complaints up 7% in Hong Kong in 2015
The city's insurance industry self-regulator says the number of new complaints last year increased to 647 cases.
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- April 13 2016
Korean insurers post worst returns in more than a decade
Investment income ratio dropped to an average of 4% last year, the lowest return on invested capital since 1991.
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- April 12 2016
More Korean insurers to go up for sale this year
The low price paid by Anbang for Allianz Life Insurance Korea highlights the troubles facing the industry.
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- April 12 2016
Newline appoints new Asia leadership
The London-headquartered insurer has announced new appointments to its Singapore team.
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- April 12 2016
India’s life industry forecast to grow at 15%
The industry's annual premium equivalent increased 6% year-on-year in the first nine months of fiscal 2016.
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- April 12 2016
Malaysian takaful firms outperform Mid-East counterparts
The country's Islamic players are earning significant profits thanks to lower loss ratios.
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- April 11 2016
Aioi Nissay Dowa to move away from JGBs
The non-life arm of MS&AD said it will instead look for positive yields in corporate debt.
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- April 11 2016
One Belt One Road spurs marine insurance demand
Zurich has predicted a rise in demand after the initiative raises the number of overseas projects.
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- April 11 2016
China mulls national network for health settlement
The reform will allow Chinese citizens to reimburse their medical expenses around the country, according to a report.
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- April 11 2016
China imposes 6% VAT on insurance services
Sales tax will apply from May 1 this year, according to a circular jointly issued by the finance ministry and tax office.
