Country: Asia Page 287 / 396
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- May 18 2018
Malaysian insurtech startup Jirnexu raises US$11m funding
The KL-based online financial services provider has secured additional investment from SIG Asia Investment.
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- May 17 2018
Allianz Global Corporate & Specialty targets Korea growth
The new branch earned €40 million in total premiums in 2017, roughly 10% of its overall Asia business.
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- May 17 2018
China performance boosts Ageas results
The "very strong" performance was boosted by what it considers to be exceptional results in China.
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- May 16 2018
Fubon Life’s plan to raise stake in Korea unit still holds
It is determined to carry on with its proposal to raise its share in Hyundai Life Insurance to 62%.
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- May 16 2018
FWD applies for Shanghai JV
The Hong Kong-based insurer is reportedly looking at establishing a joint venture in Shanghai with unknown partners.
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- May 15 2018
Pru asks KWAP to improve its offer for stake in Malaysia unit
The retirement fund's bidding price for the 30% stake was short of the UK-based insurer's expectations.
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- May 15 2018
Sompo Japan Nipponkoa ups stake in Indian unit
It will acquire a further 6% in Universal Sompo General Insurance from Karnataka Bank.
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- May 15 2018
Mirae Asset Life launches merged entity in Vietnam
Prevoir Vietnam Life Insurance is a 50:50 joint venture with French insurer Groupe Prevoir.
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- May 14 2018
Singapore life insurers post 14% rise in Q1 sales
Linked policies recorded the highest growth, up 82% from the same period last year.
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- May 14 2018
China issues new rules on disclosures for insurers
New rules have been released to clarify ambiguous rules on disclosures for insurance companies.
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- May 11 2018
Two Anbang-held Korean insurers maybe up for sale
The two companies, Tongyang Life and ABL Life, could be sold in a package deal or separately.
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- May 11 2018
AIA co-leads US$500m investment in WeDoctor
The Hong Kong-listed insurer co-led the funding round in a Tencent-backed Chinese online healthcare solutions platform.
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- May 11 2018
China jails ex-Anbang Insurance boss for 18 years
A Chinese court has sentenced Wu Xiaohui after a trial that accused him of stealing more than US$10bn.
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- May 10 2018
Sun Life Philippines CEO to retire in June
After 26 years with the firm, Riza Mantaring is retiring and will be succeeded by Benedict Sison.
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- May 10 2018
World Bank inks risk-sharing deal with Nexi
The bank's political risk insurance arm has agreed to share risk in Japanese investments in developing countries.
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- May 9 2018
Philippines open to joining Asean catastrophe pool
The country is particularly vulnerable to natural disasters and stands to benefit from regional risk pooling.
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- May 9 2018
Australia’s AMP downplays reported China Life talks
The embattled Australian wealth manager has kept silent on reports that it is exploring a deal.
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- May 9 2018
Insurance analytics market to double by 2023
Rapid adoption of data-driven decision-making processes is expected to drive annual growth of 12.5%.
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- May 9 2018
Philippines insurers told to lead ‘fourth industrial revolution’
The country's finance secretary urged the industry to rethink how it does things and how it makes products.
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- May 8 2018
China’s life insurance sector to rise 10-fold by 2030
In the years ahead, the best performers are likely to be those that already have one foot in the door.
