Country: Asia Page 312 / 391
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- June 13 2017
New HK regulator vows to work on cross-border supervision
The Hong Kong Insurance Authority is expected to work hand in hand with its counterpart from mainland China.
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- June 12 2017
Hong Kong, overseas firms seek China entry
Among those making a beeline into the mainland market is FWD Hong Kong, which has applied for a life insurance licence.
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- June 12 2017
Plan to merge three Indian insurers scrapped
Oriental Insurance, National Insurance and United India Insurance have been asked to come up with a new plan.
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- June 9 2017
Regulator opposes merger of Indian life firms
Irdai has disapproved the proposed merger of Max Life and HDFC Standard Life, based on the structure of the deal.
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- June 8 2017
CIRC to strengthen standards
China's insurance watchdog will implement a spate of more stringent measures on liability, investment and liquidity risks.
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- June 7 2017
Hong Kong’s Astri expands cyber coverage to insurers
The Applied Science and Technology Research Institute is in talks to provide an insurance cybersecurity network.
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- June 7 2017
Willis Towers Watson appoints regional head of investments
Based in Tokyo, Taro Ogai will succeed Naomi Denning, who will be leaving the company.
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- June 6 2017
Prudential starts microinsurance project in the Philippines
Online communities will be set up in rural cities Tacloban and Butuan to improve microinsurance literacy.
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- June 5 2017
Malaysian bank merger to create top general insurer
RHB Bank and AmBank are in merger talks to form a US$9bn group and claim the top spot in general insurance.
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- June 2 2017
Small chips, big risks
The complexity of semiconductor manufacturing can pose a range of risks that need to be understood to be able to offer sustainable capacity.
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- June 2 2017
CIRC seeks experts on solvency supervision
The insurance watchdog in China will tap external experts to form part of a solvency supervision consulting panel.
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- June 2 2017
Allianz Life names new Korea CEO
Sun Lei replaces current chief executive Joos Louwerier, who has been leading the Korean unit since February 2016.
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- June 2 2017
Sri Lanka taps Renaissance Re for insurance trust fund
The fund provides disaster cover for disasters including droughts, floods and cyclones.
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- June 2 2017
Chinese counties to offer agri disaster insurance
The scheme is aimed at 200 pilot counties that are primarily engaged in planting rice, wheat and corn.
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- June 1 2017
Life premiums in Indonesia up 28%
Data released by the OJK shows that life insurers enjoyed solid premium growth in the first three months of this year.
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- May 31 2017
Korea relaxes rules as IFRS implementation nears
The FSS aims to help insurers alleviate potential fallouts from changes in global accounting rules.
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- May 30 2017
Interest rate risk hounds Japanese insurers
Life insurers are failing to extend the duration of their assets because of lingering low bond yields in Japan.
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- May 30 2017
Fairfax sells stake in Indian JV
The Canadian company has sold 12.18% of its stake in general insurance firm ICICI Lombard General Insurance.
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- May 30 2017
India’s general market posts 16% premium growth
Private sector general insurers have overtaken their state-owned peers in terms of premiums for the first time.
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- May 29 2017
Anbang to invest US$2.67bn more in two Korean insurers
The Korean insurer is considering additional investments in Tongyang and Allianz ahead of tightened regulations.
