Country: Asia Pacific Page 498 / 515
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- August 28 2015
China Life posts 71% profit rise
China Life continues to widen its footprint after bumper life insurance sales during the first half.
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- August 28 2015
Commercial premium declines likely to ease this year
Rates dropped globally during the second quarter of this year, led by Asia Pacific, according to Marsh.
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- August 28 2015
Pakistan raises insurance capital requirements
Regulators have increased the minimum paid-up capital requirement for insurers by US$1.9million.
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- August 28 2015
India’s life sector forecast to hit up to US$400bn by 2020
MetLife has said that India's life insurance industry to grow between US$350-400bn by 2020.
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- August 27 2015
Nippon Life buying smaller rival for US$3.4bn
Japan's second-biggest life insurer is set to acquire Mitsui Life Insurance as it seeks to regain its market position.
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- August 27 2015
Aviva Investors hires Taiwan head
Lian Yang appointed as general manager in Taiwan amid strategy to renew focus on Asia.
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- August 27 2015
China Life corners 59.2% of Macau’s insurance sector
The Monetary Authority of Macau says that the city's overall life insurance market grew 72% during the first half of the year.
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- August 27 2015
Anbang reportedly buying Canadian office tower
The Chinese insurer is said to be conducting due diligence to acquire a 17-storey building in Toronto's financial district.
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- August 26 2015
Tianjin lesson: Open insurance market to foreigners, says Lloyd’s
Lloyd's reinsurance head says China needs to let foreign insurers enter the market after Tianjin wake-up call.
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- August 26 2015
AXA ups bancassurance numbers in the Philippines
AXA Philippines is confident of fielding a total of 100 financial specialists by the end of this year.
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- August 26 2015
Unaffordable premiums drive low take-up in Bangladesh
A study shows that while insurance awareness is increasing, penetration remains stubbornly low.
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- August 25 2015
Cigna names new Singapore country manager
Lena Tsia will lead the company as it realigns Singapore and Asia-Pacific businesses.
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- August 25 2015
Ping An sees overseas M&A hitting US$7.8bn for 2015
China's second-largest insurer continues to boost its overseas assets as home market falters.
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- August 25 2015
Tianjin blast losses still difficult to estimate, says AM Best
Despite publicised estimates, residents within 3km of the blast site are yet to be assessed.
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- August 24 2015
Bank of China buys majority stake in Samsung life unit
The Chinese lender has paid US$200m for a 51% stake in Samsung Air China Life Insurance.
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- August 24 2015
LIC to introduce India’s first unit-linked insurance plan
LIC has said that it plans to sell around 100,000 of the new policies within one month.
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- August 24 2015
IAG seeks bigger China presence after profit drop
A 41% drop in full-year net profit has prompted a strategic review for the Australian insurer.
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- August 24 2015
Ping An Insurance posts 62% profit rise
First-half profits were boosted by gains from stock investments and life insurance products.
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- August 21 2015
Four Chinese firms bid for Israel’s Clal Insurance
Four Chinese groups have submitted bids to buy control of Israel's second-biggest insurer.
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- August 21 2015
Taiwan’s insurance penetration is world’s highest
Taiwanese insurance revenues as a share of GDP are the highest in the world, at a record 18.9%.
