Country: Asia Pacific Page 632 / 655
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- October 26 2015
Samsung Bank China Life begins operation
New shareholder Bank of China allows Korean insurer to operate life businesses in China.
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- October 26 2015
Japan’s life insurers buy domestic stocks
Japan's life insurers boost domestic stock purchases in search of higher returns.
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- October 26 2015
EastWest-Ageas life insurance JV gets SEC approval
East West Banking Corporation and Ageas Insurance International receive green light for new life insurance company.
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- October 23 2015
China Re’s not-so-public offering
Fewer than half of the 5.77 billion shares on sale were actually offered to the public, with 56% going to cornerstones.
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- October 23 2015
China and Taiwan hold cross-strait insurance talks
The meeting is aimed at standardising regulations and improving mutual market access.
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- October 23 2015
Lloyd’s and China Taiping sign cooperation deal
Under the terms of the MoU, Lloyd's will help China Taiping to expand its global business network.
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- October 22 2015
Sumitomo Life mulls US$2.5bn foreign bond purchase
Japan’s fourth-largest insurer is diversifying its investments amid continued central bank easing.
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- October 22 2015
Chinese insurers see improved investment returns
China's insurance investment return rate will hit about 2% higher this year than last year.
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- October 22 2015
Odyssey Re gets approval to establish office in Beijing
The US-headquartered reinsurer says China is a strategically important and evolving market.
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- October 22 2015
Korean Reinsurance gets ratings affirmation
The move reflects the insurer’s adequate risk-adjusted capitalisation and operating performance.
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- October 21 2015
Manulife Philippines opens two branches in Mindanao
New branches in the cities of Dipolog and Butuan bring its total outlets in the country to 38.
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- October 21 2015
NTT Docomo, Nippon Life team up for mobile plans
Japan's leading mobile phone operator will sell Nippon Life policies through its 2,400 stores.
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- October 21 2015
Alibaba to offer ‘Good Samaritan’ insurance
Alibaba is offering to cover the legal costs for people blackmailed after helping those in need.
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- October 20 2015
Micro insurance in Taiwan hits 200,000 policies
Since its launch in November 2009, the initiative has insured more than US$200 million.
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- October 20 2015
Korean insurers free to set their own premiums
Financial regulator FSC is promoting greater price competition in the local insurance market.
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- October 20 2015
ANZIIF teams up with Thai Insurance Institute
The Australian and New Zealand institute will provide training for insurers in Thailand.
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- October 19 2015
Taiwan Life acquired by CTBC Financial
CTBC Financial issued US$102.54 million worth of preferred shares as part of a share swap.
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- October 19 2015
Bangladeshi scheme will train insurance practitioners
Professional insurance education is being offered through two private academic institutions.
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- October 19 2015
AIG appoints first independent directors in Singapore
Shirish Apte and Isabella Loh have agreed to a three-year term, effective from mid-October.
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- October 19 2015
Vietnam to ban SOEs from investing in insurance firms
A government decree has banned SOEs from making fresh investments in insurance firms.
