Country: Asia Pacific Page 477 / 498
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- October 1 2015
China’s insurance premium growth slowing
CIRC data shows growth slowed to 19.5% during the first eight months of the year.
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- October 1 2015
Australian regulator cancels ACI Broking licences
ASIC cited concerns about breaches of a number of reporting, financial and other obligations.
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- October 1 2015
Contamination in Tianjin to push up cost to insurers
Chemical contamination in the Chinese port of Tianjin is likely to add to the total losses.
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- September 30 2015
Korea amends insurance rule for foreign workers
Foreign workers must now wait three months before they can apply for health insurance.
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- September 30 2015
China removes life insurance interest-rate cap
The new policy will return pricing power to insurers and encourage market-based products.
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- September 30 2015
More challenges ahead for Malaysian insurers
A weakening ringgit, new sales tax and low oil prices will continue to affect consumer sentiment.
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- September 29 2015
Taiwan insurers brace for effects of rate cut
Insurers brace for headwinds after the central bank's decision to lower its key interest rate.
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- September 29 2015
New India Assurance plans global expansion
India's largest non-life insurer aims to grow in Asia, North America and the Middle East.
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- September 29 2015
Vietnam imposes higher premiums on employers
New insurance premium calculations to be applied in 2016 disappoint garment industry.
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- September 29 2015
China eyes Bermuda reinsurance market after Tianjin
The explosions in Tianjin are spurring China to consider new sources of insurance.
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- September 28 2015
Allianz Life sees market need for takaful solutions
The company would like to start offering Islamic products to customers in Malaysia.
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- September 28 2015
KB Financial launches first one-stop financial shop
Banking, securities, life insurance and non-life insurance all offered under one roof.
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- September 28 2015
Healthcare top concern for China’s super rich
A majority of China's wealthy individuals are opting for high-end retirement communities.
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- September 25 2015
Malaysians buying more life insurance online
U for Life is investing up to M$5m over the next 12 months in its internet platform.
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- September 25 2015
Gadgets won’t help insurers’ bottom lines, says Pru
Smart devices could lead to the decline of conventional risk pools as preventable accidents drop.
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- September 25 2015
China plans crackdown on illegal insurance activity
CIRC is deploying new technology to monitor and regulate the growing agency force.
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- September 24 2015
Chinese insurers’ global buying spree hits US$6.1bn
Moody's says the outbound trend will continue unless there is a big change in interest rates.
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- September 24 2015
Japanese insurers’ face US$165m claims for Tianjin blasts
The country's top-four nonlife insurers will pay out claims for damage to finished automobiles.
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- September 24 2015
Korean insurers’ RBC ratios hit two-year low
Risk-based capital ratios of 56 insurers dipped to an average of 278.2% in the second quarter.
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- September 23 2015
Moody’s keeps stable outlook for Chinese insurers
The credit rating agency warned China's insurers on headwinds that may affect creditworthiness.
