Country: Asia Page 271 / 429
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- December 18 2019
China Re authorised for Hong Kong division
The new state-owned subsidiary should be given final regulatory approval by year-end.
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- December 17 2019
Manulife’s Damien Green to replace Guy Mills in HK
Veteran Mills will become chairman of the board at the international operation.
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- December 17 2019
Dajia, formerly Anbang, to finalise 35% bank stake sale
China's government is also still looking to sell all, or part, of its 98% stake in Dajia Insurance.
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- December 17 2019
Faxai and Hagibis contribute to US$155m Mapfre hit
Major's solvency and capital position remains strong, despite the costs from Japan.
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- December 16 2019
How will the CIB adapt to the new regulatory era?
Patrick Chan, the new chairman of the Hong Kong broker association, shares his vision.
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- December 16 2019
MAS joins Singapore conduct committee
A steering group, including the largest associations, has been established in Singapore.
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- December 16 2019
Claims expected after earthquake in Philippines
The earthquake happened on the country's second largest island.
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- December 13 2019
A rough week for M&A
Deals for Australia's Coverforce and Malaysia's RHB fall through.
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- December 13 2019
Malaysia’s RHB ends sale talks with Tokio Marine
The two firms were unable to agree terms over RHB Insurance.
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- December 13 2019
Thailand’s insurtech Sunday raises US$11m
The fresh capital will help the stat-up expand in Asia.
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- December 13 2019
Malaysian Re moves into family retakaful
The reinsurer sees significant opportunities as it teams up with Pacific Life Re.
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- December 12 2019
AIG sees Hagibis claims at lower end of expectations
Previous estimates by analysts pegged US$600m in catastrophe losses for the US major.
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- December 11 2019
Will Asia’s run-off market catch up with the US?
Catalina’s acquisition of ACR could catalyse market movement.
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- December 11 2019
China to allow 100% foreign life ownership in January
The country's regulator announced the decision earlier this week.
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- December 11 2019
Hong Kong closer to tax cuts for marine and specialty risks
The legislation, if passed, will fulfill promises made in recent budget announcements.
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- December 11 2019
PE players target India’s insurtech Digit
New fundraising could raise Digit’s valuation to around US$800m to US$900m.
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- December 9 2019
Axa XL’s Asia team hires Stephen Nguyen from Aon
The former broker will serve as client management leader for Asia.
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- December 9 2019
Sedgwick promotes Tang after HK CEO departure
IAN understands that Pierreddy Wong will join a rival adjuster.
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- December 9 2019
Philippines seeks US$20bn cover for P&C exposure
The country is looking to reinsure typhoons, floods and earthquakes.
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- December 9 2019
China approves 51% stakes in life JVs
The announcement speeds up the opening of the market.
