Country: Asia Pacific Page 461 / 554
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- October 20 2017
Allianz to sell part of life insurance business in Taiwan
The German insurance group has agreed to sell a portfolio of 78,000 policies to China Life.
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- October 20 2017
Prudential launches fintech programme in Singapore
The Pru Fintegrate partnership programme will see the company co-develop digital solutions.
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- October 20 2017
Indian insurers told to run cyber security audits
The regulator has asked for immediate security audits after reports of cyber attacks targeting financial institutions.
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- October 19 2017
John Leung warns of ‘grey rhinos’
CEO of Hong Kong’s Insurance Authority warns the city’s industry that it faces challenges in 2018.
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- October 19 2017
Markel launches fintech insurance in Singapore
The policy offers comprehensive protection for businesses in the financial technology sector in Asia.
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- October 18 2017
Yunfeng’s MassMutual acquisition to take another year
It could take at least one year for the Chinese group to complete its US$1.7 billion acquisition.
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- October 18 2017
XL Group to buy 20% of Mahindra Insurance Brokers
The stake in the insurance broker, which caters to rural and semi-urban India, is reported to carry a price tag of US$40m.
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- October 18 2017
Mitsui Sumitomo to invest more in foreign bonds, ETFs
The Japanese insurance company intends to increase investment in higher-risk assets by as much as US$268m.
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- October 18 2017
Honan Insurance to acquire Singapore-based NGA Benefits
The Australian-owned and operated buyer is looking to add to its growing employee benefits business in South-East Asia.
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- October 17 2017
AIG launches Hong Kong cyber products
The insurer is targeting cyber insurance growth as policy requests rise 87% following WannaCry and NotPetya cyber attacks.
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- October 17 2017
India’s RenewBuy raises fresh funds from Amicus Capital
The second round of funding has brought in US$9.26m for the Indian online insurance aggregator.
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- October 16 2017
AIA, Bangkok Bank renew bancassurance deal
The Hong Kong-based insurer has extended its agreement with the Thai bank for a further 15 years.
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- October 16 2017
Tencent-backed insurance agency gets approval
Weimin got the green light to begin operations from the China Insurance Regulatory Commission.
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- October 16 2017
Aviva exits Taiwan
The British-headquartered insurer has decided to sell its stake in a local joint venture with First Financial.
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- October 13 2017
Games, trains and electricity
What institutional investors are looking at ahead of China’s next five-year plan.
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- October 13 2017
Vietnam’s market keeps positive growth
Total premiums for the whole market in the January-September period were estimated to have increased 18% year-on-year.
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- October 13 2017
Five Chinese insurers barred from financing parent companies
The move is part of a government effort to curb funding for some of the nation’s most aggressive asset acquirers.
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- October 13 2017
Philippine insurers told to beef up reserves
There remains a US$155m gap in reserves, or more than 60% of industry premiums and claims.
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- October 13 2017
Drastic changes ahead in China’s insurance sector
The government plans to implement changes in policies, environment and technology, according to CIRC.
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- October 12 2017
HK regulator to fast track online-only insurers
Companies applying to operate online-only insurance firms in Hong Kong can expect faster processing of their applications.
