Country: Asia Page 250 / 396
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- August 20 2019
MS&AD receives Challenger stake and board approval
The Japanese giant owns 16% of the Australian annuity firm and will gain a seat on the board.
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- August 20 2019
Tokio Marine signs with Plug and Play in Singapore
The Japanese giant has furthered its relationship with the insurtech player.
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- August 19 2019
Thai Life agrees 35% stake in Myanmar’s CB Insurance
The Thai player wants to bring its actuarial and managerial expertise to Citizen Business Insurance.
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- August 19 2019
Ping An backs Hong Kong as profits increase 68%
The Chinese insurer has five entities in the city which is being hampered by protests.
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- August 19 2019
India’s regulator calls to expedite monsoon claims
The Insurance Regulatory and Development Authority of India is asking insurers to speed up claims after huge flooding.
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- August 16 2019
Pru’s Hong Kong move
Prudential will be overseen by Hong Kong's regulator.
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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.
