Country: Asia Page 292 / 396
-
- March 21 2018
Korea Development Bank postpones sale of life unit
The former Kumho Life will not be sold for at least two years or until it becomes more competitive.
-
- March 20 2018
Allianz expands entertainment insurance to Asia
Damian Kerin, head of entertainment for Asia Pacific, is overseeing the Singapore launch.
-
- March 20 2018
China’s two top insurers to report increased profits
Analysts are expecting Ping An and China Life to show double-digit profit increases.
-
- March 20 2018
AIG names new head of Korea business
Douglas Min joins as president and CEO in Seoul, taking over from Steven Barnett.
-
- March 19 2018
PolicyPal raises $20m from ICO
The Singapore insurtech startup raised 23,809 ethereum tokens through its initial coin offering.
-
- March 19 2018
Japan to help develop Myanmar’s insurance sector
Prime minister Shinzo Abe made the commitment during the Myanmar-Japan Joint Economic Conference.
-
- March 19 2018
Rescue plan for Indonesian life insurer collapses
Evergreen's planned rescue of the embattled Bumiputera has failed after disagreements over funds.
-
- March 16 2018
Joined-up regulation
China’s banking and insurance regulators are merging as the country seeks to better control risks.
-
- March 16 2018
Singapore’s LIA adopts new measures on incentives
The proposals cover sales targets, sign-on incentives and the monitoring of representatives.
-
- March 16 2018
Singapore suffers first motor loss in seven years
The number of motor accidents increased to its highest level in 2016, resulting in claims of S$60m.
-
- March 16 2018
Philippine regulator shuts down five non-life firms
The companies failed to meet capital requirements set in the country's insurance code since 2016.
-
- March 15 2018
Nippon Life buys 5% stake in Deutsche asset management unit
The Japanese insurer is expected to invest around US$375m in DWS Group and get a seat on the board.
-
- March 15 2018
Thailand life market to maintain growth
New bancassurance deals and a bigger pool of agents eligible to sell investment-linked insurance are drivers.
-
- March 14 2018
China’s insurance and banking regulators to merge
The move is part of efforts to improve oversight of the financial system in the world’s second-largest economy.
-
- March 14 2018
Philippines insurance premiums up 12% in 2017
The country's life insurance sector contributed more than three-quarters of total premiums.
-
- March 13 2018
China’s premium income falls in January, says CIRC
Premiums dropped 19.9% in the first month of this year, compared to an increase of 18.2% in 2017
-
- March 13 2018
Taiwanese life insurers warned against investment practices
Fixed-income assets reportedly constitute less than 20% of local life insurers’ total investments.
-
- March 13 2018
NongHyup expands insurance business in China, Vietnam
The Korean group is expanding its insurance business as part of efforts to strengthen its overseas portfolio.
-
- March 12 2018
Philippines eyes initiatives to boost insurance sector
The measures are aimed at encouraging microinsurance and increasing digitalisation of the industry.
-
- March 12 2018
Dai-ichi Life to enter Cambodian market
The Tokyo-based insurer will establish a wholly owned subsidiary as early as this month.
