Country: Asia Pacific Page 451 / 499
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- June 2 2016
China’s draft insurance rules worry foreign trade groups
A new cyber security law may require international insurers to buy substandard or insecure technology from China.
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- June 2 2016
Philippines exceeds micro-insurance target
Almost three out of every 10 Filipinos are covered by cheap insurance products, providing a benchmark for other Asian countries.
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- June 2 2016
Chubb Life names new Taiwan president
Chubb Group's global life insurance division has appointed Kristine Ung as the new president of its Taiwan operation.
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- June 1 2016
ICICI Prudential prepares Indian IPO
The joint venture has hired Bank of America Merrill Lynch and ICICI Securities for billion-dollar public listing.
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- May 31 2016
Comparison site GoBear expands in Malaysia
The Singapore-headquartered company has appointed Amelia Lim as its first head of marketing in the country.
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- May 31 2016
China Life’s Q1 net income drops 18%
The Chinese insurer's weak performance has prompted analysts to trim their forecasts for this year.
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- May 30 2016
Ergo acquires stake in Thailand’s Thaisri
The group has acquired a 40.26% minority stake in Thaisri Insurance from Pailuck Company Bangkok.
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- May 30 2016
Underwriting earnings key for Japan’s life insurers, says Fitch
Life companies are maintaining strong profitability despite declining bond yields in local fixed-income markets.
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- May 30 2016
Korea orders insurers to apply stricter lending rules
The move is part of the government's efforts to keep the country's household debt in check.
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- May 30 2016
Sompo Japan to launch volcano insurance in June
Companies suffering losses due to volcanic activity in Japan will soon have access to insurance protection.
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- May 27 2016
Blockchain technology coming to China?
Ping An has become the first Chinese insurer to join a global consortium exploring ways to use the technology in financial markets.
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- May 27 2016
Japan’s regulator holds off enforcement of commissions disclosure
Opposition from regional banks prompts FSA to set aside plan to require banks to disclose commission details.
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- May 27 2016
Korean insurers post 6.3% profit gains in Q1
However, the companies suffered declines in profitability due to the unfavourable business environment.
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- May 26 2016
Allianz launches Singapore innovation hub
The company's Asia Lab will seek to harness digital innovation and advanced analytics to deliver intuitive solutions.
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- May 26 2016
Ping An joins blockchain consortium
The Chinese insurer has joined a global consortium working on ways that blockchain technology can be used in financial markets.
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- May 26 2016
Asean plans insurance sector integration
A working committee will look measures to develop the sector, including encouraging greater participation of foreign partners.
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- May 26 2016
Sale of ING Life generates lower-than-expected interest
Korean private equity firm MBK Partners has extended the sales offer deadline to allow more potential bids.
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- May 25 2016
China Mobile to invest US$306m in insurance market
China's largest wireless carrier plans to buy a 20% stake in two insurers from China Merchants Group.
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- May 24 2016
World Bank sets up US$500m catastrophe fund
The fund, which is the first of its kind in the world, will combat pandemics in poor nations.
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- May 24 2016
Thailand eyes compulsory insurance for rice farmers
The scheme is intended to ease the government's burden in helping farmers in the event of a calamity.
