Country: Asia Page 249 / 391
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- July 4 2019
Plans to offer more shares in New India and GIC Re
Share sales should help bring the two firms in line with Securities and Exchange Board of India rules.
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- July 3 2019
Tokio Marine snaps up IAG underwriting agency
Tokio Marine Management (Australasia) now employs 140 staff in the region.
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- July 3 2019
Fosun acquires majority of ILS player Tenax Capital
The Chinese conglomerate has bought London-headquartered asset manager Tenax Capital.
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- July 2 2019
Anbang’s future name?
Creation of new company could prove beneficial as China brings forward 100% foreign ownership rule change for life insurers.
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- July 2 2019
Sumitomo Life buys 25% stake in Singapore Life
The US$90m investment should help the Singapore-based insurer expand abroad.
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- July 1 2019
Thailand’s SCB agrees life sale to FWD for US$3bn
Acquisition of Siam Commercial Bank's life operations has been announced.
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- July 1 2019
Korean capital rule is on schedule
Grace period will help South Korea's insurers meet more capital requirements.
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- July 1 2019
Vietnam steps up professionalism
P&C competency framework should help raise professional standards in the country.
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- June 28 2019
FWD acquires MetLife Hong Kong
The fast growing Hong Kong-headquartered insurer has finalised another deal.
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- June 28 2019
Swiss Re Corporate Solutions appoints E&C Asia head
Patrice Nigon takes up role from Andre Martin who has become head of innovative risk solutions.
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- June 27 2019
Jayne Plunkett to join AIA; Higginbotham to lead Swiss Re in Asia
Swiss Re's EMEA chief executive Russell Higginbotham will replace head of Asia Jayne Plunkett.
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- June 26 2019
Nine Asia regional managers leave Aon
It is understood the managers, based in Hong Kong and Singapore, left Aon Risk Solutions earlier this week.
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- June 26 2019
FWD in talks with MetLife Hong Kong: report
Neither insurer has commented on the speculation which could see FWD grow quickly in the SAR.
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- June 26 2019
AIA changes leaders in Indonesia and Malaysia
Sainthan Satyamoorthy to replace Ben Ng in Indonesia as both are promoted.
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- June 25 2019
Nippon Life diversifies with Myanmar stake purchase
The Japanese giant is one of the first to formalise a joint venture in the country.
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- June 25 2019
Six PE firms compete for IAG’s SBI stake
A 26% stake in India's SBI General Insurance is up for sale.
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- June 25 2019
Sompo Japan to cut workforce by 4,000
The cuts over the next two years come after a challenging 12 months for Japan's P&C firms.
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- June 24 2019
Malaysia to regulate aggregators under FSA
Bank Negara Malaysia in inviting feedback on the Financial Services Act proposal.
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- June 21 2019
Indian premiums defy weak economy
The country’s insurance market is up 24% so far in 2019, driven by a return to growth for LIC.
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- June 21 2019
Sally Wan promoted to Axa Hong Kong CEO
Axa Hong Kong's chief strategy officer is replacing Paris-bound Etienne Bouas-Laurent.
