Country: Asia Pacific Page 490 / 515
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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.
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- November 4 2015
Marsh opens representative office in Myanmar
The insurer is keen on helping develop and grow local talent in its new Yangon outpost.
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- November 4 2015
Philippine insurers’ profits jump by two-thirds
The industry's yearly profit reached US$436 million at the end of the third quarter, up 65.8%.
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- November 4 2015
Insurers ink China intellectual property insurance deal
Lloyd's China, Tokio Marine Kiln and PICC have agreed to offer IP infringement liability insurance in China.
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- November 3 2015
Chinese insurers told to increase overseas investments
Domestic bond yields continue to decline, according to Ping An of China Asset Management.
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- November 2 2015
China to extend, improve old-age insurance coverage
The government said in March that nearly 200 million Chinese have yet to be included scheme.
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- November 2 2015
Tokio Marine closes US$7.5bn HCC acquisition
The biggest M&A deal ever by a Japanese insurer wins approvals from shareholders and regulators.
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- November 2 2015
Talbot establishes crisis management unit in Australia
Steve Ward and Hamish McKay have been tasked to drive growth in specialty lines in the country.
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- October 30 2015
Swiss Re declares profit rise despite Tianjin losses
The Zurich-based re-insurer posted a 13% rise in Q3 profit even after US$250m Tianjin losses.
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- October 30 2015
Indian insurers to spend US$2.16bn on IT in 2016
American research firm Gartner says Indian insurers are prioritising IT investments, digitalisation.
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- October 30 2015
ACE names political risk manager amid Japan expansion
Hiroya Takagi joins from Euler Hermes in Japan as the insurer broadens its insurance offering.
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- October 30 2015
China Life’s net profit plunges 74% in Q3
China's biggest insurer by market value saw its net profit dive by more than Rmb6.5 billion.
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- October 30 2015
See you at SIRC
Insurers, reinsurers and risk managers will gather next week for the 13th Singapore International Reinsurance Conference.
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- October 29 2015
Insurers take brunt of Indonesia’s haze disaster
Indonesia's regulator foresees a rise in claims related to forest fires in the country's provinces.
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- October 29 2015
Great American Insurance opens in Singapore
The US-headquartered insurer expects to employ about 100 staff in Singapore over the next five years.
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- October 28 2015
Zurich buys Hong Kong’s Kono Insurance
The acquisition gives the Swiss insurer exposure to Hong Kong's robust construction industry.
