Country: Asia Page 245 / 391
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- August 16 2019
Typhoon Lekima to cost market US$855m
The storm could be the second most expensive ever in China and result in US$7.4bn of economic damage.
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- August 16 2019
Manulife Philippines appoints CEO
Richard Bates has replaced Ryan Charland who has moved to Manulife Indonesia.
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- August 15 2019
Indonesia’s health scheme still suffering financially
The shortfall between premium income and claims' payouts is expected to climb to US$2bn.
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- August 15 2019
Blackstone aiming buyback of Anbang’s Japan property
US private equity player wants residential buildings to hedge against a downturn.
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- August 15 2019
Aflac to delist from the Tokyo Stock Exchange
US giant to leave the exchange after over 30 years.
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- August 14 2019
Clarity needed to boost Asia’s business confidence
The Hong Kong protests have created another level of uncertainty but pan-regional insurers are well placed.
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- August 14 2019
South Korean firm could buy Anbang’s hotels: report
The Mirae Asset Financial Group is understood to be in pole position for a US$5.5bn US luxury hotel group.
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- August 14 2019
Labuan benefiting as Asia captive interest rises
The formation of captives is on the rise in Asia according to the Labuan IBFC and Swiss Re Corporate Solutions.
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- August 13 2019
Thailand group targets US$750m of premiums
P&C player Thai Insurance has turned around its profitability this year.
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- August 12 2019
Will Aviva be the next UK firm to exit Asia?
The UK giant could simplify its operations and reinvest elsewhere but lose out on the next phase of a key growth region.
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- August 12 2019
30 dead and billions in losses as typhoon slams China
Economic losses from Typhoon Lekima amount to at least US$2bn.
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- August 12 2019
Indian Bank signs P&C deal with Chola MS
The agreement with Mitsui Sumitomo's JV comes hot on the heals of deal with SBI Life.
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- August 9 2019
Taiwan considers life support
A new proposal could force the island’s life insurers to raise equity capital.
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- August 9 2019
Well Link enters Hong Kong life market
The smaller Hong Kong player has entered the crowded life sector.
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- August 9 2019
Prudential rolls out AI-powered app
The health app shows how insurers' offerings are becoming more sophisticated in the region.
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- August 9 2019
Super Typhoon Lekima threatens China and Taiwan
Claims professionals will on high alert as businesses shutter in Taiwan and the storm could even hit Shanghai.
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- August 8 2019
Markel’s Asia MD confident as GWP climbs 34%
Christian Stobbs sees opportunities for growth in the region despite the US-China trade war.
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- August 8 2019
SBI GI is latest IPO to be postponed in India
IAG's impending stake exit has been blamed for the delay to SBI General's IPO.
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- August 7 2019
PBOC shows regulatory teeth to non-financial firms
A holding company license rule from the People’s Bank of China could help prevent contagion risk.
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- August 7 2019
SBI Life and Indian Bank sign distribution pact
The life major will benefit from the scale of over 2,800 branches.
