Country: Asia Page 230 / 396
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- March 26 2020
KB Financial likely acquirer of Prudential Life Korea
The US$1.8bn move would send a sign to rival Shinhan Financial, who acquired ING Life last year.
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- March 26 2020
China Oceanwide’s US life deal still on
The US$2.7bn acquisition for Genworth Life has had years of regulatory hold ups.
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- March 25 2020
Singapore saw 7.6% GWP growth last year, but claims increased
The Lion City had a mixed 2019 with Covid-19 proving a tricky start to the new year.
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- March 25 2020
Olympics cover under spotlight after postponement
The decision by Japan and the IOC is likely to have large implications for the event market.
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- March 24 2020
ZhongAn narrows losses to US$64m, sees premium boost
Insurtech bolstered by strong FY 2019 investment returns but failed to make an underwriting profit.
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- March 24 2020
India’s Acko secures more PE funding
Investment in the insurtech has surpassed US$100m despite an overall slowdown in deals.
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- March 23 2020
CPIC’s profits climb 54% for 2019, warns on 2020 outlook
A strong rise in investment income bolstered earnings but Covid-19 will see growth stall.
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- March 23 2020
Hong Kong moves closer to ILS hub with government bill
New regulations move the SAR in line with other countries.
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- March 23 2020
Covid-19 compounds South Korea’s P&C challenges
The market has been under pressure for years with poor growth and underwriting results.
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- March 20 2020
Asia’s life players face major headwinds
Chinese and South Korean firms are particularly exposed to the economic uncertainty.
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- March 20 2020
Thai Life seeks US$700m IPO: report
The Covid-19 outbreak and gloomy market sentiment could hinder the plans.
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- March 19 2020
Prudential seals US$753m TMB bancassurance deal
FWD will leave its agreement on April 1 after a period of heavy expansion in Thailand.
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- March 18 2020
Swiss Re hires Jolene Loh in South-East Asia L&H push
Loh joined from Pacific Life Re earlier this month.
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- March 18 2020
Leonardi says Generali “well positioned” for Covid-19 in Asia
The Italian firm is bracing for market volatility after a good performance last year.
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- March 18 2020
AMTD’s insurtech plans ramp up with PolicyPal deal in Singapore
Majority stake in the digital broker will help create a South-East Asia platform.
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- March 17 2020
Sedgwick’s James Ong on claims handling in Asia
The global loss adjuster is seeing a spike in regional demand.
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- March 17 2020
Prudential Life Korea sale set for three-way tussle
The main bidding will take place later this week.
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- March 16 2020
Japan Post finds more improper conduct, halves new hires
The group is undergoing an internal investigation of sales misconduct.
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- March 16 2020
Hong Kong’s market grew 9% in 2019 amid protests
P&C and life premiums were US$74.6bn, as economic instability hit second half sales.
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- March 13 2020
Hyundai Insurance China’s US$158m sale approved
Didi Chuxing and Legend Holdings are behind the moves for the P&C (re)insurer.
