Country: Asia Page 297 / 403
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- April 24 2018
Chinese regulator steps up fight against financial risk
All potential violations are being aggressively targeted, according to the new banking and insurance regulator.
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- April 24 2018
Malaysia’s KWAP set to close insurance acquisition
The retirement fund's chief executive said the fund is currently talking with two foreign insurers.
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- April 23 2018
Talanx to up stake in PetroVietnam Insurance
A unit of the German company plans to raise its ownership in the state-owned insurer to at least 49%.
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- April 23 2018
Korean insurers face weakening financial health
A rise in interest rates and dividend payouts took its toll on available capital in the fourth quarter of last year.
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- April 20 2018
Malaysia first
Foreign insurers have until the end of June to cut their ownership to 70%, but local buyers are scarce.
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- April 20 2018
Fosun and Gonbao reopen bids for Greece’s national insurer
The deal to buy a major stake in Ethniki Hellenic General Insurance is reportedly valued at US$900m.
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- April 20 2018
Maybank eyes listing of its insurance arm Etiqa
The rumoured sale is estimated by some analysts to be worth at least US$1 billion but remains unconfirmed.
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- April 19 2018
APAC bancassurers tap blockchain to improve offerings
Banks in the region continue to leverage the technology to improve and expand their insurance offerings.
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- April 19 2018
Korean auto insurance slowed in 2017
The latest statistics suggest that stiff competition and lower premiums have affected profitability.
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- April 19 2018
India’s insurance regulator may have new chief in May
Life Insurance Corporation's VK Sharma and New India Assurance's G Srinivasan seen as top contenders.
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- April 18 2018
JD.com to buy one-third of Allianz China General Insurance
The Chinese e-commerce company will become the second-biggest shareholder in the Allianz unit for US$85m.
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- April 18 2018
Indian consortium to develop data-sharing blockchain
The consortium of life insurance companies has partnered with IT services firm Cognizant Technology Solutions.
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- April 18 2018
HWI taps Jeremy Austen to launch Hong Kong unit
The industry veteran will help establish a new managing general agent in the city, NuVu Underwriting.
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- April 17 2018
Nippon Life commits US$94m to fintech investment
Japan’s biggest private insurer has said that it will invest in fintech and so-called “insurance+α” areas.
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- April 17 2018
Maybank bullish on Etiqa’s future
The insurance and takaful arm of Maybank is expected to see a boost as a result of increasing interest rates.
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- April 17 2018
No alternatives, Malaysia tells foreign insurers
They will have to fulfil their commitment to sell 30% of their operations to local shareholders by June 30.
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- April 16 2018
Anbang seeks advice on potential divestments
The group is in the process of interviewing investment banks to help it sell off parts of its portfolio.
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- April 16 2018
Good Doctor targets US$1bn Hong Kong IPO
Ping An will spin off China’s largest health care and online medical platform in early May.
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- April 13 2018
China promises market opening
Officials have promised a range of measures, including further liberalisation of its insurance sector.
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- April 13 2018
Cathay Life’s move on Bank of Nova Scotia’s Malaysian unit fails
The Taiwanese financial group did not give details on why the deal fell through, but said it wasn't about price.
