Country: Asia Pacific Page 502 / 603
-
- January 12 2018
Siam Commercial, Prudential sign bancassurance deal
The new partnership will target wealthy clients at the Thai bank, which is the country's second-biggest.
-
- January 12 2018
Takaful outpaces conventional insurance in Malaysia
Family and general takaful in the country grew by 7.5% and 5.9%, respectively, in the first half of 2017.
-
- January 12 2018
Chinese insurers’ premium income up nearly 20%
The strong figures were achieved despite the authorities’ tightened regulation of the sector.
-
- January 11 2018
China’s first tech insurer set for launch
Taiping Technology Insurance will be the first insurer to focus on the country's technology sector.
-
- January 11 2018
Axis Bank seeks to acquire insurance firm
The third-largest private-sector bank in India is exploring opportunities in the fast-growing life sector.
-
- January 11 2018
Great Eastern may shed stake in Malaysian operations
The insurer is reported to be in talks with Malaysian banks regarding the possible sale.
-
- January 10 2018
Pru Life inks bancassurance deal with Philippine bank
The three-year partnership with Robinsons Bank will initially focus on traditional or basic products.
-
- January 10 2018
Japan insurers shift to longevity plans
As the elderly population grows, companies are offering plans that accept customers up to 90 years of age.
-
- January 10 2018
Maybank’s Etiqa names four new CEOs
The new executives will lead each of the four new entities generated by the split of the insurer.
-
- January 9 2018
Ping An value hits US$101bn in 2017
The stock of Ping An Insurance Group Co continues to soar, despite the lack of hype that insurers have as compared with tech companies.
-
- January 9 2018
Singapore Life to buy Zurich Life Singapore portfolio
All policies are expected to be completely transferred during the first half of the year.
-
- January 9 2018
ACR appoints new Malaysia CEO
Asia Capital Re has appointed Hue Yann Wei as chief executive of its Malaysia subsidiary.
-
- January 9 2018
Edelweiss wins India non-life licence
The group is set to become the country's 33rd non-life company after Irdai approval secured.
-
- January 8 2018
Indian insurers launch financial services blockchain
It is hoped the project will rein in costs for companies running medical tests and evaluations.
-
- January 5 2018
India’s cyber insurance demand up 50%
Companies have started to take action over the effects of cyber attacks and data breaches.
-
- January 5 2018
Sompo Holdings to buy Lexon units
The deal to acquire the second-biggest surety insurer in the US is estimated at up to US$266m.
-
- January 5 2018
Zurich buys HK telematics startup Bright Box
The company provides smartphone-based cloud technology that links drivers, vehicles and automakers.
-
- January 4 2018
Korea doubles number of insurance patents
The increase is credited in part to the implementation of IFRS17, which has helped to drive innovation.
-
- January 4 2018
Amazon to invest in Indian insurance startup
Mumbai-based online insurance startup Acko is in talks to secure funding from the global e-commerce player.
-
- January 3 2018
Life premiums in China to climb 15%
Increasing household income and growing awareness of risk management are driving interest in coverage.
