Country: Asia Page 295 / 391
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- December 14 2017
Ping An life insurance premium income up 34%
Increased sales of individual policies have helped to spur growth for China's second-biggest insurer.
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- December 13 2017
Life insurers’ new premiums up 6% in India
LIC still led the pack, but total new premium collected by all private insurers grew 32%.
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- December 12 2017
Ping An on the hunt for more tech investment abroad
The company's innovation drive includes a facial recognition app that can spot lying borrowers.
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- December 12 2017
ZhongAn teams with Sinolink to expand overseas
China's first online insurer has partnered with the Hong Kong-listed investment holding company.
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- December 11 2017
Vietnam suffers rare US$1bn loss after Typhoon Damrey
This year marks the first time since 1993 that Vietnam has had a season with a Cat 2 and 3 typhoon landfall.
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- December 11 2017
NTUC Income taps Fullerton to manage US$23bn in assets
The partnership is seen to create more opportunities to explore innovative investment products.
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- December 8 2017
ZhongAn takes inspiration from Ping An on insurtech
China’s first and largest online-only issuer says the market is big enough to support both companies' ambitions.
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- December 7 2017
India allows PE funds to own insurance companies
Private equity funds can now own up to 10% of the paid-up equity of an insurer, says Irdai.
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- December 7 2017
Vision Fund eyes investing in Chinese insurer Ping An
The fund is in discussions to invest in three firms Lufax, OneConnect or Ping An Good Doctor.
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- December 7 2017
LIC books 12% first half premium income growth
The results were driven by profits from the sale of equities during the period.
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- December 6 2017
Life segment leads growth in Thailand
The country's changing demographics and better personal and retirement coverage have provided opportunities.
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- December 6 2017
Taiwan Financial approved to inject new capital in insurance unit
The Taiwanese financial group has proposed adding US$330m of capital into Bank Taiwan Life Insurance.
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- December 5 2017
Eight Korean insurers tap online-only bank
K Bank has released 20 savings and protection "mobilessurance" policies through a mobile app.
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- December 5 2017
Nippon Life to buy 24.75% stake in TWC Group
The Japanese insurer will acquire 24.75% of the US investment firm from Carlyle for an estimated US$488m.
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- December 5 2017
Taiwan incentivises protection products
Starting next year, insurers can take advantage of a government scheme to improve the product mix.
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- December 4 2017
Reliance General gets final clearance for IPO
The offering will account for 25% of the post issue paid-up capital of the insurer.
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- December 1 2017
Racing to beat climate change
Insurers are divided on how climate change will affect the industry overall.
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- December 1 2017
Chinese non-life insurers, reinsurers required to hire actuaries
The country’s 84 non-life general insurers and 12 reinsurers must have a chief actuary by January 1, 2020.
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- December 1 2017
PE funds will be allowed as promoters of Indian insurers
Irdai has approved a proposal to allow private equity funds to promote insurance companies through SPVs.
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- December 1 2017
FRS opens in Hong Kong and Malaysia
Financial Risk Solutions' two new offices are in Menara Darussalam in Kuala Lumpur and ICC in Hong Kong.
