Country: Asia Page 317 / 391
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- April 12 2017
Growing crackdown in China insurance industry
Analysts expect more regulatory scrutiny after an investigation on the country’s insurance watchdog head.
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- April 11 2017
Religare sells 80% stake in health insurance arm
The Indian insurer has signed an agreement with investors for around Rs10.4b (US$161m).
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- April 11 2017
Chinese insurers to continue focus on fixed-income
Companies such as China Life, PICC and Ping An will also boost their investments overseas this year.
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- April 10 2017
Quake insurance system pushed in China
The system is being crafted to reduce the fiscal burden of the government from earthquakes.
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- April 10 2017
Old Mutual to sell 50% stake in China unit
The Anglo-South African financial group will offload its stake in joint venture Guodian.
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- April 7 2017
Philippines terrorist threat remains high
While an improved economy has reduced the ranks of unemployed people for terrorists to recruit from, risks remain high.
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- April 7 2017
Ping An commits US$1bn yearly for tech investment
China’s second biggest insurer remains committed to expanding its investment in the field of internet development.
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- April 7 2017
Taiwan insurers urged to strengthen hedging measures
The Financial Supervisory Commission has encouraged life insurers to manage their currency exposures.
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- April 7 2017
Dai-ichi Life seeks higher market share in South-East Asia
The Japanese insurer has been aggressively pursuing business opportunities in the region.
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- April 6 2017
Scor Global Life wins approval for Japan branch
The opening of the branch is part of a strategic plan to expand and deepen its franchise.
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- April 6 2017
Vietnam simplifies approval of life products
A new regulation means life insurance companies will find it quicker and easier to get product approvals.
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- April 6 2017
Philippine HMOs required to seek regulator’s approval
Health-maintenance organisations are now mandated to get clearance before selling products to the public.
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- April 5 2017
Fosun joins bid to buy Greek insurer
The Chinese insurer has submitted a binding offer for the insurance unit of National Bank of Greece.
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- April 4 2017
HSBC Insurance gets Tier-1 status in Singapore
The company joins a group of insurers whose total assets are at least US$3.6b.
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- April 4 2017
New reporting standards to bring more investors to Korea
The introduction of IFRS 17 will make the country's insurers more comparable with global peers.
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- April 4 2017
People’s Insurance Group of China hires new head
The Chinese insurer has hired Miao Jianmin, former chief of China Life, to be its chairman and president.
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- April 3 2017
BIMA aims to insure 1 billion people worldwide
The insurance firm provides mobile-delivered insurance and health services in emerging markets.
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- April 3 2017
Sun Life inks insurtech deal with Vietnam’s GOFS
The Canadian life insurer has forged a three-year partnership with the operator of Vietnam’s first digital bank.
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- April 3 2017
Aviva appoints CEO for China, Indonesia and Vietnam
Randy Lianggara, who joined from AXA last year, takes on a newly created role to drive growth in these key markets.
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- March 31 2017
Regulator tells Fairfax to sell 25% stake in ICICI Lombard
The Canadian insurer needs to sell the stake to be able to apply for a second licence in the general insurance industry.
