Country: Asia Page 304 / 396
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- October 27 2017
AIA inks 15-year bancassurance deal in Vietnam
The partnership with VPBank will provide acess to the bank's network of 215 branches and transaction offices.
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- October 27 2017
India’s health segment to grow faster than motor
With just 10% of people taking up commercial health insurance, the sector has more room to grow.
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- October 26 2017
Citi banker joins Ping An fund as COO
Donald Lacey is reportedly set to leave the bank to join the US$1bn Global Voyager Fund.
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- October 26 2017
Moody’s keeps negative outlook on Taiwan market
The industry has shown improvement with margins on savings products but still needs to make progress.
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- October 25 2017
Vietnam’s health coverage likely to hit 83% this year
The prime minister announced the penetration rate at the fourth session of the 14th National Assembly in Hanoi.
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- October 25 2017
Malaysia warns insurers against raising motor premiums
Any increase above 10% after tariff liberalisation will require the approval of the Bank of Negara Malaysia.
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- October 25 2017
Party committees to be revived in Chinese insurance JVs
The Communist Party is aiming to bring back the formerly inactive committees to extend its representation in business.
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- October 25 2017
Great Eastern logs 21% profit hike
The improved performance in operations is credited to multi-channel distribution by agents and bancassurance partners.
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- October 24 2017
Taiwanese insurers hurt by China losses
Shin Kong Life, Cathay Life and Taiwan Life are facing loss-to-investment ratios of 100%, 48% and 59%.
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- October 24 2017
China Life expects 95% net profit growth
Higher returns on investment during the first three quarters have helped profits to almost double on poor 2016 numbers.
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- October 24 2017
Takaful market continues to enjoy growth
Data gathered by Kenanga Research show the family sector grew 5% in September, while the general sector grew 9%.
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- October 24 2017
Anbang resumes sale of high-yield products
Experts say government regulators must have extended a new lease on the group’s operations.
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- October 23 2017
AIA’s value of new business hits projections, grows 20%
The performance comes after robust growth in China that made up for slower sales through IFAs in Hong Kong.
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- October 23 2017
India’s National Insurance seeks IPO approval
The state-owned general insurance company is seeking approval for an offering that could value the insurer at US$3.84bn.
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- October 20 2017
Allianz to sell part of life insurance business in Taiwan
The German insurance group has agreed to sell a portfolio of 78,000 policies to China Life.
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- October 20 2017
Prudential launches fintech programme in Singapore
The Pru Fintegrate partnership programme will see the company co-develop digital solutions.
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- October 20 2017
Indian insurers told to run cyber security audits
The regulator has asked for immediate security audits after reports of cyber attacks targeting financial institutions.
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- October 19 2017
John Leung warns of ‘grey rhinos’
CEO of Hong Kong’s Insurance Authority warns the city’s industry that it faces challenges in 2018.
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- October 19 2017
Markel launches fintech insurance in Singapore
The policy offers comprehensive protection for businesses in the financial technology sector in Asia.
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- October 18 2017
Yunfeng’s MassMutual acquisition to take another year
It could take at least one year for the Chinese group to complete its US$1.7 billion acquisition.
