Country: Asia Pacific Page 468 / 490
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- October 13 2015
AIA sells Sri Lanka general insurance unit
Local insurer Janashakthi will pay US$22.8m to buy the unit after raising funds from a rights offer.
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- October 13 2015
Philippines seeks to widen health insurance coverage
Review prompted after the country was tagged as one of the world's worst places to die.
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- October 12 2015
China Re set to launch US$2bn IPO in Hong Kong
The offer will help China Re to raise fresh capital ahead of new solvency rules affecting Chinese insurers.
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- October 12 2015
Indonesia remains one of most promising insurance markets
The country's growing middle class and vibrant small and medium-sized businesses defy slowing economy.
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- October 9 2015
Malaysia pushes for market-driven insurance pricing
Motor and fire insurance sectors need to be restructured, says the country's central bank.
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- October 9 2015
Bangladesh to establish employment injury insurance
Bangladeshi workers will soon have protection when they suffer injuries while at work.
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- October 9 2015
Japan Post Insurance IPO values firm at US$10bn
Japan Post has set an indicative price range for the November initial public offering.
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- October 9 2015
IAG to go ahead with China expansion plan
Incoming CEO Peter Harmer has affirmed the group's commitment to growing in Asia.
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- October 8 2015
Taiwan’s health insurance fund hits its highest level
Lawmakers in Taiwan are starting to entertain the idea of lowering insurance premiums.
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- October 8 2015
SM Malls to offer prepaid life insurance products
The Manulife products will soon be available at counters in Philippine shopping malls.
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- October 8 2015
Philippine bank gets nod to invest in insurance JV
Bangko Sentral ng Pilipinas has approved the life JV between East West Bank and Ageas.
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- October 7 2015
ACE names new regional marine risk manager
Sivakumaran Divakaaran joins the multiline insurer from Charles Taylor Marine in Malaysia.
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- October 7 2015
Foreign insurance capital continues to enter Vietnam
Foreign investors are helping local insurers to develop better strategies and risk management.
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- October 6 2015
Financial fundamentals of Taiwan’s insurers still sound
The FSC has responded to an IMF warning about potential liquidity risks in global markets.
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- October 6 2015
Bangladesh insurers warned on money laundering
IDRA says insurers need to do more to stop money laundering and terrorist financing.
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- October 5 2015
Cambodia urged to insure bank deposits
Cambodia and Myanmar are the only countries in Asean that do not insure deposits.
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- October 5 2015
Anbang Insurance tops bid to buy Fidelity Life
If successful, the deal will mark the Chinese insurer's first acquisition of a US competitor.
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- October 5 2015
Quake insurance could rise by up to 50% in Japan
Japanese nonlife insurers plan to raise quake insurance premium rates in 36 prefectures.
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- October 5 2015
ACE introduces insurance for PE, VC firms in Asia
The new product protects private equity and venture capital firms in Hong Kong and Singapore.
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- October 2 2015
China, Switzerland sign social insurance deal
Workers are now exempted from mandatory social insurance contributions.
