Country: Asia Page 297 / 433
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- April 18 2019
Sizing up Anbang
Potential buyers are watching the “troubled” insurer’s progress with interest as disposals continue.
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- April 18 2019
Max Life in talks with Axis Bank
Axis Bank is the only large Indian lender without an insurance holding.
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- April 18 2019
Reliance General eyes 49% stake sale
Stake sale could help the group to cut debt.
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- April 17 2019
20 redundancies at Axa Hong Kong
The French major says it is looking to simplify its processes in commercial.
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- April 17 2019
Korea’s life association seeks further IFRS 17 delay
South Korean firms would like another delay beyond January 2022.
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- April 17 2019
Allianz promotes for Philippines’ CEO role
Alexander Grenz to lead joint venture with the Philippine National Bank.
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- April 17 2019
Nan Shan Life’s proposed listing rejected
The Taipei-headquartered player has a low equity-to-asset ratio.
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- April 16 2019
Anbang sells Belgium’s Fidea for US$543m
The Chinese conglomerate has sold the insurer to local player Baloise.
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- April 16 2019
Well Link CEO set to leave
David Shi is to be replaced by Billy Chan at the Hong Kong insurer.
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- April 15 2019
Two senior departures from Axa in Hong Kong
Philip Chan and Terence Leung have left the business after decades of service.
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- April 15 2019
Insolvencies slow in Asia as China’s stimulus works
China's Belt & Road to spur trade in the region and increase protection gap.
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- April 15 2019
Foreign majors eye China’s US$1.6trn pension market
The market has great potential and shows Beijing is serious about opening up.
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- April 15 2019
China Re completes Australia and Ireland Chaucer deals
The sales finalise Hanover Insurance Group's sale of its Lloyd’s international specialty business.
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- April 12 2019
China’s alarming ‘Million Medical’ problem
Growing loss ratio trends on the hugely popular medical policies are causing concern.
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- April 12 2019
Progress in Myanmar
Foreign life insurers have finally been granted approval to operate wholly owned subsidiaries after years of waiting.
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- April 12 2019
GIC Re maintains 5% cession
India's regulator has kept the obligatory cession for P&C insurers for this financial year.
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- April 11 2019
FTLife profits jump 23% as NWS confirms price tag
The Hong Kong firm had an impressive 2018 as the sale process continues.
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- April 10 2019
McLarens hires Newall from Swiss Re Corporate Solutions
Long serving APAC head of claims Peter Newall returns to adjusting.
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- April 10 2019
Jury out as Hong Kong’s VHIS kicks off
After years of negotiations the scheme is finally taking shape.
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- April 10 2019
Myanmar to offer multiple JV foreign licences
MSIG is one of the firms that could benefit from joint venture rules as the country opens up.
