Country: Asia Pacific Page 465 / 499
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- January 27 2016
Chubb names country heads for HK, Singapore, Korea
The announcement is part of a re-branding after the acquisition by ACE, which closed this month.
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- January 26 2016
GIC appoints first woman head
Alice Vaidyan has been named chief managing director of GIC Re, joining a list of women CEOs in India.
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- January 26 2016
New rules threaten Hong Kong life insurers’ growth
More stringent underwriting rules are likely to reduce the life insurers' growth momentum, says Fitch.
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- January 25 2016
Korea ready to ink US$2bn insurance deal with Iran
The deal follows the removal of Iranian sanctions by the US and other western nations.
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- January 25 2016
Fidelidade wins permit to invest in Chinese stocks
Portugal's largest insurance company authorised to invest in Shanghai and Shenzhen stock exchanges.
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- January 25 2016
Milliman to open third South-East Asia office in KL
The office will offer employee benefits, life, non-life, and health insurance consulting services.
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- January 22 2016
China’s life market forecast to become world’s third biggest
McKinsey predicts double-digit growth during the next five years as it shifts focus to pursue value-creation.
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- January 22 2016
XL Catlin to open reinsurance branch in India
The decision to pursue a licence is part of a strategy to expand its presence in emerging markets.
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- January 22 2016
S&P assigns A+ rating to Metlife Hong Kong
Standard & Poor's has assigned an "A+" rating with stable outlook to MetLife Hong Kong,
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- January 21 2016
Anbang seeks more investment opportunities in NY
After paying nearly US$2bn for the Waldorf Astoria hotel, the group says it has plans for more investments.
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- January 21 2016
Larger Chinese life firms set for robust growth in 2016
Strong increase in sales forces and more competitive yields has set the scene for expansion.
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- January 21 2016
Japan Post Insurance seeks reinsurance licence
The move is reportedly part of an effort to diversify earnings and enhance convenience for customers.
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- January 20 2016
Dai-ichi Life in distribution deal with Vietnam Post
Japan's third-largest life insurer will sell its products exclusively at branches of state-run Vietnam Post.
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- January 20 2016
QBE appoints Anthony Cloney to head Vietnam
A QBE veteran, he will be responsible for developing and steering strategic initiatives in the country.
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- January 19 2016
Malaysia market forecast to stay flat this year
Stagnant economic outlook for 2016 is expected to take a toll on the country's insurance industry.
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- January 19 2016
Zurich names general insurance CEO for Australia and NZ
Rajbir Nanra, who is currently interim CEO for the business, will take over the role full time.
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- January 19 2016
Philippine nonlife industry outperforms in 2015
From January to September 2015, net income in the nonlife insurance sector grew 122% to US$76m.
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- January 19 2016
Thailand to ease foreign investment rules
Foreign investors will no longer need approval to hold more than 50% in the country's local insurers.
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- January 18 2016
Smaller life firms in China worst-hit by stock sell-off
Small and medium-sized life insurers tend to have the most aggressive risk appetites, says Fitch.
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- January 18 2016
EastWest Ageas Life wins Philippines licence
Joint venture between EastWest Bank and Ageas has been approved by the Insurance Commission.
