Country: Asia Pacific Page 472 / 498
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- November 12 2015
CTBC Life seeks to acquire China’s ABC Life
The Taiwanese firm is pushing ahead despite the timetable for the acquisition having lapsed.
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- November 12 2015
Korea to provide more trade insurance perks
The scheme, which is aimed at SMEs, is part of an attempt to stimulate falling exports.
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- November 12 2015
Ex-Olympus CEO among speakers at Parima 2015
Michael Woodford will address risk professionals about fraud and ethics at risk conference.
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- November 11 2015
Anbang agrees to buy US insurer for US$1.6bn
The deal will make Anbang one of the biggest insurers in fixed indexed annuity products in the US.
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- November 11 2015
Sompo Japan looks offshore for higher yields
Japan's second-largest property insurer is planning to increase its holdings of foreign bonds.
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- November 11 2015
Aspen officially enters Singapore through Lloyd’s Asia
The firm's insurance operation will be led by Yann Marmonier, who joins as principal officer.
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- November 11 2015
Zurich appoints new Japan head
Masachika Nishiura will take over from the retiring Akira Kitazawa on January 1 2016.
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- November 10 2015
Bangladesh eyes insurance for 21 million public servants
The government has plans to provide 2.1 million public servants with life and health insurance.
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- November 10 2015
Returns on China’s variable life insurance products plunge
Sinolink Securities says the products have lost 11.43% on average during Q3 of this year.
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- November 10 2015
Aussie government alarmed by falling insurance coverage
Many Australian consumers say they are not getting value for money from their policies.
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- November 10 2015
India’s non-life association puts up fraudster database
The list will focus on cases of attempted fraud and policyholders whose names turn up in multiple claims.
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- November 9 2015
China urged to revise cyber security insurance regulations
The draft cyber security regulations for the insurance industry have been met with stern opposition.
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- November 9 2015
Ping An Insurance takes 14.4% stake in HK-listed China developer
The Chinese insurer is paying US$44m for the stake in Landsea Green Properties, the developer announced.
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- November 6 2015
Aviva Investors launches two Singapore multi-strategy funds
Both funds invest in a globally diversified multi-strategy portfolio with low targeted volatility.
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- November 6 2015
China Life invests US$1bn in US warehouses
The investment is the Chinese insurer's largest cross-border real-estate purchase to date.
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- November 6 2015
Singapore’s life insurance business up 15% in Q3
Premiums rose due to a significant uptake in savings-type products through banking channels.
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- November 6 2015
World Bank eyes insurance investment in Bangladesh
The bank is reportedly planning to strengthen the sector and enhance its capacity through investment.
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- November 5 2015
Singapore is now Lloyd’s largest hub outside UK
Lloyd's new platform in CapitaGreen now hosts 24 syndicates and more than 380 people.
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- November 5 2015
China insurers told to settle small claims in five days
The new guidelines are aimed at providing better insurance claim services for customers.
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- November 5 2015
Malaysia’s takaful growth outperforms conventional insurers
Demographics and low penetration show the potential of takaful has yet to be fully achieved.
