Country: Asia Page 287 / 429
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- July 5 2019
Asia-Pacific to account for 42% of premiums: Swiss Re
As the region continues to grow, China - in particular - will help see the 42% figure arise by 2029.
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- July 5 2019
PICC to enter Argentina: report
The Chinese insurance giant is looking to expand with a reinsurance license.
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- July 4 2019
Japan on alert for claims as a million urged to evacuate
Adjusters, brokers, insurers and reinsurers on high alert as a month's rain could fall in one day on Kyushu island.
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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.
