Country: Asia Pacific Page 463 / 536
-
- March 3 2017
Citic-Pru Life approved to open Sichuan branch
The development comes after the JV announced plans to expand into Anhui province in November last year.
-
- March 3 2017
Japan non-life insurers increased leverage in 2016
Average financial gearing grew to 6.1% in 2016 amid an expansion of insurers' international acquisitions.
-
- March 2 2017
Japan national health insurance system posts deficit
The continuing deficit is due to rising costs perpetrated by the country's ageing population and expensive new treatments.
-
- March 2 2017
Swiss Re Corporate Solutions appoints Japan head
Paul Atkinson succeeds Juerg Stoll, who has held the role since 2010 and is becoming country head for Malaysia.
-
- March 1 2017
Apollo Munich partners with Dena Bank for bancassurance
The deal will see the Indian health insurer distributing its insurance products to 20 million new potential clients.
-
- February 28 2017
AIA, Manulife among bidders for SCB insurance arm
Acquisition of Thailand’s Siam Commercial Bank is likely to be tagged the biggest ever acquisition of a South-East Asian insurer.
-
- February 28 2017
CIRC slaps Evergrande Life with 12-month ban
The Chinese insurer will be unable to participate in stock investments after violating investment rules last year.
-
- February 28 2017
Malaysia’s takaful industry posts double-digit growth
The Malaysian Takaful Association says 2016 represented another year of good growth for Islamic insurance.
-
- February 27 2017
Chinese insurance group official faces probe
The vice-chairman and president of PICC is reported to be facing investigation over alleged serious disciplinary violations.
-
- February 24 2017
Singapore pushes for insurtech edge
The Lion City wants to become an insurtech hub, in line with a vision laid out in its Committee on the Future Economy.
-
- February 24 2017
India’s state-owned general insurers may merge
Oriental, National and United India Insurance are likely to be merged to fetch stronger valuations.
-
- February 24 2017
Thai life industry profits forecast to grow 6%
The Thai Life Assurance Association expects low interest rates to prompt a move into investment-linked products.
-
- February 24 2017
Chinese regulator continues to warn of risky practices
CIRC has again reiterated its stance against use of insurance capital for market speculations.
-
- February 23 2017
Sun Life Financial appoints Hong Kong CEO
Fabien Jeudy will be responsible for growing operations across life and health, wealth management and pensions.
-
- February 23 2017
China welcomes first shipping captive insurance firm
Cosco Shipping Captive Insurance has officially opened at the Shanghai Free Trade Zone.
-
- February 23 2017
CIRC participating in new asset management rules
The insurance regulator has reportedly teamed up with the central bank and the country’s securities and banking regulators.
-
- February 23 2017
Insurance initiatives among Apec agenda in Vietnam
Representatives from 21 economies acknowledged that Asia is among the areas most vulnerable to natural disasters.
-
- February 22 2017
India’s life industry up 35.13% in January
A high increase in group and individual single premium policies is pushing the sector's growth.
-
- February 22 2017
Korea’s insurers post net income decline in 2016
Results were dragged down by a lacklustre performance from life firms, according to FSS.
-
- February 21 2017
MetLife pullout from Indian venture hits snag
Punjab National Bank's decision to retain its 26% stake in the venture is complicating the process.
